Entity Status. Buyer is a limited liability company duly created, formed or organized, validly existing and in good standing under the Laws of the State of Delaware. There is no pending or, to the Knowledge of Buyer, threatened, action for the dissolution, liquidation, insolvency, or rehabilitation of Buyer.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Hercules Offshore, LLC), Asset Purchase Agreement (Hercules Offshore, LLC), Asset Purchase Agreement (Hercules Offshore, LLC)
Entity Status. The Buyer is a limited liability company duly created, formed or organized, validly existing and in good standing under the Laws of the State of Delaware. There is no pending or, to the Knowledge of the Buyer, threatened, action for the dissolution, liquidation, insolvency, insolvency or rehabilitation of the Buyer.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Hercules Offshore, Inc.), Asset Purchase Agreement (Hercules Offshore, LLC)
Entity Status. Buyer is a limited liability company corporation duly created, formed or organized, validly existing and in good standing under the Laws of the State of Delaware. Buyer has the requisite corporate power and authority to own or lease its properties and to carry on its business as currently conducted. There is no pending or, to the Knowledge of Buyer, threatened, action Action (or Basis therefor) for the dissolution, liquidation, insolvency, dissolution or rehabilitation liquidation of Buyer.
Appears in 2 contracts
Samples: Share Purchase Agreement (Ion Geophysical Corp), Share Purchase Agreement (Ion Geophysical Corp)
Entity Status. Buyer is a limited liability company an entity duly created, formed or organized, validly existing and in good standing under the Laws of the State of Delaware. There is no pending or, to the Knowledge of Buyer's Knowledge, threatenedThreatened, action Action (or Basis therefor) for the dissolution, liquidation, insolvency, or rehabilitation of Buyer.
Appears in 1 contract