Common use of Corporate Organization, etc Clause in Contracts

Corporate Organization, etc. The Buyer is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Delaware and has all requisite corporate power and authority to conduct its business as it is now being conducted and to own, lease and operate its properties and assets. The Buyer is qualified to do business as a foreign corporation and is in good standing (to the extent such concept is recognized) in each jurisdiction in which the ownership of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified or in good standing (if applicable) would not, individually or in the aggregate, have a Buyer Material Adverse Effect. True and complete copies of the organizational and governing documents of the Buyer as presently in effect have been heretofore made available to the Company. The Buyer is not in violation of any term or provision of its organizational or governing documents.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Code Rebel Corp), Membership Interest Purchase Agreement (AMERI Holdings, Inc.), Share Purchase Agreement (AMERI Holdings, Inc.)

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Corporate Organization, etc. The Buyer is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Delaware Nevada and has all requisite corporate power and authority to conduct its business as it is now being conducted and to own, lease and operate its properties and assets. The Buyer is qualified to do business as a foreign corporation and is in good standing (to the extent such concept is recognized) in each jurisdiction in which the ownership of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified or in good standing (if applicable) would not, individually or in the aggregate, have a Buyer Material Adverse Effect. True and complete copies of the organizational and governing documents of the Buyer as presently in effect have been heretofore made available to the Company. The Buyer is not in violation of any term or provision of its organizational or governing documents.

Appears in 2 contracts

Samples: Stock Purchase Agreement (IZEA, Inc.), Stock Purchase Agreement (IZEA, Inc.)

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Corporate Organization, etc. The Buyer is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Delaware Nevada and has all requisite corporate power and authority to conduct its business as it is now being conducted and to own, lease and operate its properties and assets. The Buyer is qualified to do business as a foreign corporation and is in good standing (to the extent such concept is recognized) in each jurisdiction in which the ownership of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified or in good standing (if applicable) would not, individually or in the aggregate, have a Buyer Material Adverse Effect. True and complete copies of the organizational and governing documents of the Buyer as presently in effect have been heretofore made available to the Company. The Buyer is not in violation of any term or provision of its organizational or governing documents.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Probility Media Corp), Stock Purchase Agreement (Probility Media Corp)

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