Common use of FCC Organization Clause in Contracts

FCC Organization. FCC is a corporation duly organized, validly existing and in good standing under the laws of Nevada, has all necessary corporate powers to own its property and to carry on its business as now owned and operated by it, and is duly qualified to do business and is in good standing in each of the states where its business requires qualification.

Appears in 5 contracts

Samples: Purchase Agreement (Franchise Capital Corp.), Franchise Capital Corp., Purchase Agreement (Creative Eateries Corp)

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FCC Organization. FCC is a corporation x xxxxxxxtion duly organized, validly existing and in good standing under the laws of Nevada, has all necessary corporate powers to own its property and to carry on its business as now owned and operated by it, and is duly qualified to do business and is in good standing in each of the states where its business requires qualification.

Appears in 1 contract

Samples: Exhibit 1 Purchase Agreement (Franchise Capital Corp.)

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