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

Organization and Standing of the Purchaser. The Purchaser is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation.

Appears in 6 contracts

Sources: Debt Exchange Agreement (Orgenesis Inc.), Debt Exchange Agreement (Orgenesis Inc.), Debt Exchange Agreement (Orgenesis Inc.)

Organization and Standing of the Purchaser. The Purchaser is a corporation duly incorporatedincorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its incorporationincorporation or organization.

Appears in 3 contracts

Sources: Convertible Preferred Stock Purchase Agreement (Titan Energy Worldwide, Inc.), Convertible Preferred Stock Purchase Agreement (Pioneer Power Solutions, Inc.), Securities Purchase Agreement (Socket Mobile, Inc.)

Organization and Standing of the Purchaser. The Purchaser is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its incorporation. The Purchaser, formerly known as Magnum Technology Fund, has multiple investments.

Appears in 1 contract

Sources: Stock Purchase Agreement (DSP Group Inc /De/)

Organization and Standing of the Purchaser. The Purchaser is a corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction State of its incorporationWashington.

Appears in 1 contract

Sources: Common Stock Purchase Agreement (On2 Technologies Inc)