Representations and Warranties of the Focus Investor. The Focus Investor hereby represents and warrants as of the date hereof and as of the Closing Date to the Company that: (a) Organization and Authority. The Focus Investor is an exempted company with limited liability duly organized and validly existing under the laws of the Cayman Islands, is duly qualified to do business and is in good standing in all jurisdictions where its ownership or leasing of property or the conduct of its business requires it to be so qualified, and has corporate power and authority to own its properties and assets and to carry on its business as it is now being conducted.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Focus Media Holding LTD), Securities Purchase Agreement (Visionchina Media Inc.), Securities Purchase Agreement (Focus Media Holding LTD)