Common use of Organization; Good Standing; Qualification Clause in Contracts

Organization; Good Standing; Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California.

Appears in 2 contracts

Samples: Stock Purchase and Investor Rights Agreement (Pacific Sunwear of California Inc), Stock Purchase and Investor Rights Agreement (Pacific Sunwear of California Inc)

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Organization; Good Standing; Qualification. The Company is a corporation duly organized, validly existing existing, and in good standing under the laws of California, has all requisite corporate power and authority to execute and deliver this Agreement and to carry out the State provisions of Californiathis Agreement, and has all requisite corporate power and authority to transfer the Acquired Stock.

Appears in 2 contracts

Samples: Restricted Stock Purchase and Grant Agreement (Placer Sierra Bancshares), Stock Purchase and Grant Agreement (Placer Sierra Bancshares)

Organization; Good Standing; Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California, has all requisite corporate power and authority to own and operate its properties and assets and to carry on its business as now conducted and as presently proposed to be conducted, to execute and deliver this Agreement and to issue and sell the Common Stock.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Telanetix,Inc), Securities Purchase Agreement (Telanetix,Inc)

Organization; Good Standing; Qualification. (a) The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of California and is qualified to conduct business in the State of California. The Company is not qualified to transact business in any other jurisdiction. The Company has all requisite corporate power and authority to own and operate its properties and assets and to carry out the provisions hereof and to carry on its business as currently conducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xoom Inc)

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Organization; Good Standing; Qualification. The Company is a corporation duly organized, validly existing existing, and in good standing under the laws of California, has all requisite corporate power and authority to execute and deliver this Agreement and to carry out the State provisions of Californiathis Agreement, and has all requisite corporate power and authority to transfer the Granted Stock.

Appears in 1 contract

Samples: Stock Purchase and Grant Agreement (Placer Sierra Bancshares)

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