Common use of Status of Company Clause in Contracts

Status of Company. The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State of Nevada, and is licensed or qualified as a foreign corporation in all states in which the nature of its business or the character or ownership of its properties makes such licensing or qualification necessary.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Compliance Systems Corp), Stock Purchase Agreement (Compliance Systems Corp), Stock Purchase Agreement (Compliance Systems Corp)

Status of Company. The Company is a corporation duly organized, validly existing, and in good standing under the laws of the State its state of Nevadaincorporation, and is licensed or qualified as a foreign corporation in all states in which the nature of its business or the character or ownership of its properties makes such licensing or qualification necessary.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Edgeline Holdings, Inc.), Stock Purchase Agreement (Interactive Therapeutics, Inc.)