Common use of Representations of Issuer Clause in Contracts

Representations of Issuer. Issuer is in good standing under the laws of Nevada, and has all necessary corporate powers to own properties and carry on a business, and is duly qualified to do business and is in good standing in Nevada. All actions taken by the incorporators, directors and shareholders of Issuer have been valid and in accordance with the laws of the State of Nevada.

Appears in 7 contracts

Sources: Agreement for the Exchange of Common Stock (Sputnik Enterprises, Inc), Agreement for the Exchange of Common Stock (Sputnik Enterprises, Inc), Agreement for the Exchange of Common Stock (Sputnik Enterprises, Inc)

Representations of Issuer. The Issuer is in good standing under the laws of Nevada, and has all necessary corporate powers to own properties and carry on a business, and is duly qualified to do business and is in good standing in Nevada. All actions taken by the incorporators, directors and shareholders of Issuer have been valid and in accordance with the laws of the State of Nevada.

Appears in 5 contracts

Sources: Agreement for the Exchange of Common Stock (Reliant Holdings, Inc.), Agreement for the Exchange of Common Stock (North American Energy Resources, Inc.), Agreement for the Exchange of Common Stock (Silverton Adventures, Inc.)