Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is properly licensed and in good standing in, and where necessary to maintain the BORROWER’S rights and privileges, has complied with the fictitious name statute of, every jurisdiction in which the BORROWER is doing business.
Due Incorporation; Good Standing. The Company has been duly incorporated and is validly existing as a corporation and is in good standing under the laws of its formation as of the date hereof, and is duly qualified to do business and is in good standing in each other jurisdiction in which its ownership or lease of property or the conduct of business requires such qualification, except where the failure to qualify, singularly or in the aggregate, would not have or reasonably be expected to result in a Material Adverse Change.
Due Incorporation; Good Standing. The Company is duly organized and in good standing in the State of Delaware and in every state in which the Company is or should be authorized to do business, unless the failure to be so qualified does not have a material adverse effect on the Company.
Due Incorporation; Good Standing. As of the Effective Date, Narrate is duly organized, validly existing and in good standing in the State of California. Narrate has the corporate power and authority to enter into this Agreement and any other agreement to which it is a party in connection herewith, and to consummate the transactions contemplated herein and therein.
Due Incorporation; Good Standing. The BORROWER is a corporation, duly organized and validly existing under the laws of the state of its incorporation, and is duly qualified as a foreign corporation and in good standing in every jurisdiction in which the BORROWER is doing business, except where the failure to be so qualified or in good standing is not reasonably likely, in the aggregate, to have a MATERIAL ADVERSE EFFECT.
Due Incorporation; Good Standing. The Company has been duly organized and is validly existing as a corporation and is in good standing under the laws of its state of incorporation, and is duly qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which its ownership or lease of property or the conduct of business requires such qualification, except where the failure to qualify would not result in a material adverse effect on the Company’s condition, financial or otherwise, business or operations (including the resignation as a director or officer by or the filing for bankruptcy by Xxxxxxxx Xxxxx or Xxxx Xxxxxxxxx) (“Material Adverse Effect”).
Due Incorporation; Good Standing. The Company is duly organized and in good standing in the State of Nevada and in every state in which the Company is or should be authorized to do business, unless the failure to be so qualified does not have a material adverse effect on the Company.
Due Incorporation; Good Standing. (a) Each of MTVN and Imagine is a corporation duly incorporated, validly existing and in good standing as a corporation under the laws of the State of Delaware and has the requisite corporate power and authority to own, lease and operate its assets and its businesses as currently conducted insofar as they relate to the MTVN Contribution.
Due Incorporation; Good Standing. The Purchaser is a corporation duly continued and validly existing under the federal laws of Canada and has all necessary, power and authority: (i) to conduct its business in the manner currently being conducted; (ii) to own and use its assets in the manner they are currently owned and used; and (iii) to consummate the Transactions.
Due Incorporation; Good Standing. Borrower is a Delaware corporation duly organized and existing under the laws of Delaware, and, to the best of Borrower's knowledge, is properly licensed and in good standing in, and where necessary to maintain Borrower's rights and privileges has complied with the fictitious name statute of, every jurisdiction in which Borrower is doing business. Each of Borrower's Subsidiaries is a corporation, limited liability company, partnership, limited partnership or other legal entity duly organized and existing under the laws of the jurisdiction in which it was formed, and, to the best of Borrower's knowledge, is properly licensed and in good standing in, and where necessary to maintain Borrower's rights and privileges has complied with the fictitious name statute of, every jurisdiction in which Borrower is doing business, except for any such case in which the failure to be so licensed, or to be in good standing, or to comply with such fictitious name statute would not, individually or in the aggregate, have a material adverse effect on Borrower and its Subsidiaries, taken as a whole.
