Common use of Organization. Standing and Qualifications Clause in Contracts

Organization. Standing and Qualifications. LICENSOR, MONTECITO BIO SCIENCES, LTD is a corporation, duly organized, validly existing and in good standing under the laws of the State of Nevada. The LICENSOR has full power and authority to carry on its business as it is now being conducted and to own the property and assets it now owns. The Individual LICENSORS have full rights to enter into this Agreement.

Appears in 2 contracts

Sources: License Agreement (Endeavor Power Corp), Modification Agreement of the License of Intellectual Property (Parallax Diagnostics, Inc.)

Organization. Standing and Qualifications. LICENSOR, MONTECITO BIO SCIENCES, LTD is a corporation, duly organized, validly existing and in good standing under the laws of the State of Nevada. The LICENSOR has full power and authority to carry on its business as MBS ▇▇▇▇ ▇▇▇▇▇ License September 2010 it is now being conducted and to own the property and assets it now owns. The Individual LICENSORS have full rights to enter into this Agreement.

Appears in 1 contract

Sources: License Agreement (ABC Acquisition Corp 1502)

Organization. Standing and Qualifications. LICENSOR, MONTECITO BIO SCIENCES, LTD is a corporation, duly organized, validly existing and in good standing under the laws of the State of Nevada. The LICENSOR has full power and authority to carry on its business as it is now being conducted and to own the property and assets it now owns. The Individual LICENSORS have full rights to enter into this Agreement.. MBS-Parallax Diagnostics License of Intellectual Property September 2011

Appears in 1 contract

Sources: Modification Agreement of the License of Intellectual Property (Endeavor Power Corp)