Status of Corporation. The Corporation enters into this Contract for itself and as agent for and on behalf of the other Co- venturers. Notwithstanding the foregoing:
Status of Corporation. The status of the corporation after the terminating event or invalid election and before the determination of inadvertence is deter- mined by the Commissioner. Inad- vertent termination or inadvertent in- valid election relief may be granted retroactively for all years for which the terminating event or circumstance giving rise to invalidity is effective, in which case the corporation is treated as if its election was valid or had not terminated. Alternatively, relief may be granted only for the period in which the corporation became eligible for subchapter S or QSub treatment, in which case the corporation is treated as a C corporation or, in the case of a QSub with an inadvertently terminated or invalid election, as a separate C cor- poration, during the period for which the corporation was not eligible for its intended status.
Status of Corporation. The Corporation is a corporation duly incorporated, organized and subsisting under the laws of the State of Nevada and has all requisite power, capacity and authority to own its properties and assets and to carry on its business as presently conducted and as will be contemplated in the Prospectus and the Registration Statement and to enter into and deliver this Agreement, the Warrant Indenture, the Warrant Certificate and the Agent's Warrant Certificate, and to perform its obligations hereunder and thereunder.
Status of Corporation. The Corporation has been duly incorporated and organized and is a subsisting corporation under the laws of Ontario. The Corporation is a "private company" within the meaning of the Securities Act (Ontario).
Status of Corporation. The status of the corporation after the terminating event and before the determination of inadvertence is determined by the Commissioner. Inadvertent termi- nation relief may be granted retro- active for all years for which the ter- minating event was effective, in which case the corporation is treated as if its election had not terminated. Alter- natively, relief may be granted only for the period in which the corporation again became eligible for subchapter S treatment, in which case the corpora- tion is treated as a C corporation dur- ing the period for which the corpora- tion was not eligible to be an S cor- poration. [T.D. 8449, 57 FR 55453, Nov. 25, 1992]
Status of Corporation. The Corporation is a newly incorporated Corporation and at the Time of Closing will have no assets or liabilities other than the Technology assets described in Schedule "l" hereto;
Status of Corporation. Survivor is a corporation duly organized, validly existing, and in good standing under the laws of the state of Texas, with corporate power and authority to own property and carry on its business as it is now being conducted.
Status of Corporation. The Corporation is a corporation duly incorporated, organized and subsisting under the laws of the Province of Manitoba and has all requisite power, capacity and authority to own its properties and assets and to carry on its business as presently conducted and described in the Prospectuses and to enter into and deliver this Agreement, the Warrants, the Broker Warrants and the Warrant Indenture and to perform its obligations hereunder and thereunder.
