Common use of Organization and Standing of the Purchasers Clause in Contracts

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 120 contracts

Samples: Securities Purchase Agreement (BioSig Technologies, Inc.), Securities Purchase Agreement (BioSig Technologies, Inc.), Securities Purchase Agreement (BioSig Technologies, Inc.)

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Organization and Standing of the Purchasers. If the such Purchaser is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 23 contracts

Samples: Securities Purchase Agreement (Lion Biotechnologies, Inc.), Note Purchase Agreement (API Technologies Corp.), Purchase Agreement (Vitacost.com, Inc.)

Organization and Standing of the Purchasers. If the such Purchaser is an entity, such Purchaser is a corporation, partnership or limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 15 contracts

Samples: Note and Warrant Purchase Agreement (Vision Capital Advisors, LLC), Note and Warrant Purchase Agreement (Vision Capital Advisors, LLC), Note and Warrant Purchase Agreement (Vision Capital Advisors, LLC)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, partnership or limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 12 contracts

Samples: Note and Warrant Purchase Agreement (NovaRay Medical, Inc.), Convertible Preferred Stock Purchase Agreement (United National Film Corp), Convertible Preferred Stock Purchase Agreement (Avicena Group, Inc.)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability company company, partnership or limited partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Victory Electronic Cigarettes Corp), Note Purchase Agreement (Ants Software Inc), Warrant Purchase Agreement (Ants Software Inc)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Each Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Modsys International LTD), Securities Purchase Agreement (Bluephoenix Solutions LTD), Securities Purchase Agreement (Secure Computing Corp)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organizationorganization and has not been organized for the specific purposes of purchasing the Notes and is not prohibited from doing so.

Appears in 2 contracts

Samples: Note Purchase Agreement (Interactive Systems Worldwide Inc /De), Note Purchase Agreement (Interactive Systems Worldwide Inc /De)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability company partnership or partnership other entity duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 2 contracts

Samples: Secured Note and Warrant Purchase Agreement (Crystal International Travel Group, Inc.), Secured Note and Warrant Purchase Agreement (Crystal International Travel Group, Inc.)

Organization and Standing of the Purchasers. If the Purchaser ------------------------------------------- is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Charys Holding Co Inc), Debenture and Warrant Purchase Agreement (Appiant Technologies Inc)

Organization and Standing of the Purchasers. If the Purchaser is ------------------------------------------- an entity, such the Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, and the Purchaser was not formed for the specific purpose of acquiring the Common Shares.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (La Jolla Cove Investors Inc)

Organization and Standing of the Purchasers. If Each of the Purchaser is an entity, such Purchaser Purchasers (excluding those Purchasers that are individuals) is a corporation, partnership, limited liability company or partnership trust duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mortgage Com Inc)

Organization and Standing of the Purchasers. If the ------------------------------------------- Purchaser is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase (Net Value Holdings Inc)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such The Purchaser is a corporation, limited liability company or partnership corporation duly incorporated or organizedincorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Nutrition 21 Inc)

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Organization and Standing of the Purchasers. If the Purchaser ------------------------------------------- is an entity, such Purchaser is a corporation, limited liability company corporation or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase (Speedcom Wireless Corp)

Organization and Standing of the Purchasers. If the Purchaser is ------------------------------------------- an entity, such the Purchaser is a corporation, limited liability company corporation or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Series E Convertible Preferred Stock Purchase (Skylynx Communications Inc)

Organization and Standing of the Purchasers. If the Such Purchaser is an entityindividual, such Purchaser is or a corporation, partnership or limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Digital Generation Systems Inc)

Organization and Standing of the Purchasers. If the such Purchaser is an entity, such Purchaser is a corporation, limited liability company partnership or partnership other entity duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyclone Power Technologies Inc)

Organization and Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, limited liability company or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization. If the Purchaser is an individual, such Purchaser is a bona fide resident and domiciliary (not a temporary or transient resident) of the state or other jurisdiction indicated on Exhibit A, and such Purchaser has no present intention of becoming a resident of any other state or jurisdiction.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Sontra Medical Corp)

Organization and Standing of the Purchasers. If the such Purchaser is an entity, such Purchaser is a corporation, limited liability company company, partnership or partnership any other entity duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Securities Purchase Agreement (Lion Biotechnologies, Inc.)

Organization and Standing of the Purchasers. If the Purchaser is ------------------------------------------- an entity, such Purchaser is a corporation, limited liability company corporation or partnership duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase (Skylynx Communications Inc)

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