Common use of Organization of Company Clause in Contracts

Organization of Company. The Corporation is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada and is licensed or qualified to do business and in good standing in each other jurisdiction in which it is required to be so licensed or qualified. The Company has all requisite power and authority to own its properties and carry on its businesses as presently and as proposed to be conducted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Emps Corp), Stock Purchase Agreement (Emps Corp)

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Organization of Company. The Corporation Company is a corporation duly organized, validly existing, existing and in good standing under the laws of the State of Nevada and is licensed or qualified to do business and in good standing in each other jurisdiction in which it is required to be so licensed or qualifiedNevada. The Company has all requisite full power and lawful authority to own its properties own, or to hold under lease, property and carry on its businesses as presently and as proposed to be conductedengage in any lawful business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Growtex Inc)

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Organization of Company. The Corporation Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada Nevada. The Company is duly authorized to conduct business and is licensed or qualified to do business and in good standing under the laws in each other every jurisdiction in which the ownership or use of property or the nature of the business conducted by it is required makes such qualification necessary except where the failure to be so licensed qualified or qualified. The Company has all requisite power and authority to own its properties and carry on its businesses as presently and as proposed to be conducted.in good standing would not have a

Appears in 1 contract

Samples: Stock Purchase Agreement (Goff, Corp)

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