Common use of Corporate Status Clause in Contracts

Corporate Status. It is a corporation, partnership or limited liability company, as the case may be, duly formed, validly existing and in good standing under the laws of its jurisdiction of formation indicated on the signature page hereof and has full power, authority and legal right to own its property and assets and to transact the business in which it is engaged.

Appears in 43 contracts

Samples: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc), Subsidiary Guaranty (Implant Sciences Corp)

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Corporate Status. It is a corporation, partnership or limited liability company, as the case may be, duly formedorganized, validly existing and in good standing under the laws of its jurisdiction of formation organization indicated on the signature page hereof and has full power, authority and legal right to own its property and assets and to transact the business in which it is engaged.

Appears in 38 contracts

Samples: Subsidiary Guaranty (Sequiam Corp), Subsidiary Guaranty (Bio Key International Inc), Subsidiary Guaranty (Friendlyway CORP)

Corporate Status. It is a corporation, partnership or limited ----------------- liability company, as the case may be, duly formed, validly existing and in good standing under the laws of its jurisdiction of formation indicated on the signature page hereof and has full power, authority and legal right to own its property and assets and to transact the business in which it is engaged.

Appears in 3 contracts

Samples: Guaranty (New Century Energy Corp.), Guaranty (Texhoma Energy Inc), Guaranty (New Century Energy Corp.)

Corporate Status. It (a) The Company is a corporation, partnership or limited liability company, as the case may be, corporation duly formedorganized, validly existing and in good standing under the laws of its the jurisdiction of formation indicated its organization. The Company has full corporate power and authority to carry on the signature page hereof Business and has full power, authority and legal right to own its property and assets or lease and to transact operate the business in which it is engagedproperties of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Axsys Technologies Inc)

Corporate Status. It is a corporation, partnership or ----------------- limited liability company, as the case may be, duly formedorganized, validly existing and in good standing under the laws of its jurisdiction of formation organization indicated on the signature page hereof and has full power, authority and legal right to own its property and assets and to transact the business in which it is engaged.

Appears in 1 contract

Samples: Subsidiary Guaranty (Sequiam Corp)

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Corporate Status. It is a corporation, partnership or limited liability company, as the case may be, duly formedorganized, validly existing and in good standing under the laws of its jurisdiction of formation organization indicated on the signature page hereof and has full power, authority and legal right to own its property and assets and to transact the business in which it is engaged.

Appears in 1 contract

Samples: Pacific Biometrics Inc

Corporate Status. It is a corporation, partnership or limited liability company, as the case may be, duly formedorganized, validly existing and in good standing under the laws of its jurisdiction of formation organization indicated on the signature page hereof and has full corporate power, authority and legal right to own its property and assets and to transact the business in which it is engagedengaged in all material respects.

Appears in 1 contract

Samples: Subsidiary Guaranty (Axeda Systems Inc)

Corporate Status. It is a corporation, partnership or limited liability company, as the case may be, corporation duly formedorganized, validly existing and in good standing under the laws of the state of its jurisdiction of formation indicated on the signature page hereof incorporation and has full corporate power, authority and legal right to own its property and assets and to transact the business in which it is engagedengaged in all material respects.

Appears in 1 contract

Samples: Axeda Systems Inc

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