Corporate Organization and Standing. The Corporation is a corporation duly organized, existing and in good standing under the laws of the State of California. The Corporation has the requisite corporate power to carry on its business as presently conducted, and as proposed or contemplated to be conducted in the future, and to enter into and carry out the provisions of this Agreement and the transactions contemplated hereby. The Corporation is not presently qualified to do business as a foreign corporation in any jurisdiction where the failure to be so qualified would materially and adversely affect the Corporation's business.
Appears in 3 contracts
Samples: Preferred Stock Purchase Agreement (Nogatech Inc), Preferred Stock Purchase Agreement (Nogatech Inc), Preferred Stock Purchase Agreement (Nogatech Inc)
