Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.
Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the State of Delaware.
Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The sole shareholder of the Seller is United Heritage Corporation.
Organization of the Seller. The Seller is a corporation duly organized and validly existing and in good standing under the laws of the State of Nevada, and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted.
Organization of the Seller. The Seller is a Corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation, which is the State of Wyoming.
Organization of the Seller. The Seller is a corporation duly organized and validly existing and in good standing under the laws of the Yukon Territory, and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted.
Organization of the Seller. The Seller is a limited partnership, duly organized, validly existing, and in good standing under the Laws of the state of Delaware with all requisite power and authority to carry on its business as it is now conducted.
Organization of the Seller. The Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida. The Seller has delivered to the Buyer correct and complete copies of the charter and bylaws of the Seller (as amended to date).
Organization of the Seller. The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. Except as set forth in Section 2(a) of the Disclosure Schedule, the Seller does not have any
Organization of the Seller. The Seller is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, with full power and authority (a) to own or to hold under lease the property it purports to own or to hold under lease, and (b) to operate its properties and to conduct the Business as now being conducted by Seller. Seller is duly qualified or licensed to transact business as a foreign corporation and is in good standing in every jurisdiction in which any property is owned by leased by Seller or payroll is paid by Seller or the nature of the Business conducted by Seller makes such qualification necessary. Attached hereto as Schedule 3.1 is a list setting forth the states in which Seller is currently transacting business as a foreign corporation. Seller has no subsidiaries and does not own any securities issued by any other business corporation or other entity. The stock of Seller consists of 200 shares of common stock, no par value of which 100 shares are issued and outstanding. The Stockholders are the only stockholders of Seller, and the Stockholders own all of the issued and outstanding shares of Seller as set forth above, free and clear of any claims, assessments, liens or other encumbrances as follows: Xxxxxxx – 80%, Ranzal – 20%. There are no preemptive rights, options, warrants, conversion privileges or other rights or agreements presently outstanding for the purchase or acquisition from Seller of any of its authorized but unissued stock of any class. Neither Seller nor the Stockholders have granted any Person other than Buyer any right (including, but not limited to, any right of first refusal) or option to purchase or otherwise acquire any of the Acquired Assets, and there exists no agreement or contract with respect to any such purchase or acquisition. Seller’s federal employer identification number (FEIN) is as written on the signature page hereof.
