Common use of Buyer's Organization Clause in Contracts

Buyer's Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under and by virtue of the laws of the State of Delaware and has all requisite power and authority to (i) own, lease, and operate its properties and carry on its business, and (ii) enter into this Agreement and perform the transactions contemplated hereby.

Buyer's Organization. Buyer is a limited liability company duly organized, organized and validly existing and in good standing under and by virtue of the laws of the State of Delaware and Delaware. Buyer has all requisite the power and authority to (i) own, lease, and operate own all of its properties and carry on assets and to conduct its business, and (ii) enter into this Agreement and perform except where the transactions contemplated herebyfailure to have such power would not have a material adverse effect on its ability to consummate the Transactions.