Status, Constating Documents and Licences. BVT is a corporation duly incorporated and validly subsisting in all respects under the laws of the Province of Ontario. BVT has all necessary corporate power to own its properties and to carry on its businesses as it is now being conducted. The articles, by-laws and other constating documents of BVT as provided to the Purchaser are complete and accurate. BVT is duly licensed, registered and qualified as a corporation to do business, is up-to-date in the filing of all required corporate returns and other notices and filings and is otherwise in good standing in all material respects, in each jurisdiction in which: (i) it owns or leases property, or (ii) the nature or conduct of its business or any part thereof, or the nature of the property of BVT or any part thereof, makes such qualification necessary to enable the Business to be carried on as now conducted or to enable the property and assets of BVT to be owned, leased and operated by it, except where failure to be so licensed, registered and qualified or to make such filings would not have a material adverse effect on BVT. There are no proceedings in progress, pending or, to the knowledge of BVT, threatened, which could result in the revocation, cancellation or suspension of any of the Business Permits.
Status, Constating Documents and Licences. The Corporation is a corporation duly incorporated and organized and validly subsisting in all respects under the laws of the Delaware, and each of the other members of the Consolidated Group is a corporation incorporated or constituted and validly subsisting under the laws of its jurisdiction of constitution. Each member of the Consolidated Group has all necessary corporate power to own its properties and to carry on its business, as currently conducted by it.
Status, Constating Documents and Licences. (i) Sinomar is a corporation duly incorporated, organized and validly subsisting in all respects under the laws of the Province of Alberta, and Sinomar has all necessary corporate power to own its assets and to carry on its business as it is now being conducted;
Status, Constating Documents and Licences. (i) CCSA is a corporation duly incorporated, organized and validly subsisting in all respects under the laws of Argentina, and has all the necessary corporate power to own its assets and to carry on the Business as it is now being conducted;
Status, Constating Documents and Licences. (a) The Corporation is a corporation duly incorporated and validly subsisting in all respects under the laws of Alberta. The Corporation is a non-reporting private corporation. The Corporation and the Vendor has all necessary corporate power to own its properties and to carry on its business as it is now being conducted.
Status, Constating Documents and Licences. Tracker is a company duly incorporated and validly subsisting under the laws of the Province of British Columbia. Tracker has all necessary corporate power to own its properties and to carry on its businesses as it is now being conducted. The constating documents of Tracker as provided to Target and Contakt are complete and accurate.
Status, Constating Documents and Licences. (a) The Vendor is and the Corporation will be a corporation duly incorporated and validly subsisting in all respects under the laws of their respective jurisdictions of incorporation. The Vendor has and the Corporation will have all necessary corporate power to own its properties and to carry on its business as it is being conducted.
Status, Constating Documents and Licences. (a) The Company is a corporation duly incorporated and validly subsisting in all respects under the laws of Ontario. The Company is a "private company", as -11-
Status, Constating Documents and Licences. To the best of the Vendor's knowledge:
Status, Constating Documents and Licences. (a) Novagen is a corporation duly incorporated and validly subsisting in all respects under the laws of Canada. Novagen is a "private company", as defined in the Securities Act, R.S.O. 1990, c.S.5 (Ontario). Novagen has all necessary corporate power to own its properties and to carry on its business as it is now being conducted.
