Existence; Enforceability. It is validly existing and in good standing under the laws of the jurisdiction of its organization, and this RPSA is a legal, valid, and binding obligation of such Party, enforceable against it in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, insolvencia, reorganización, liquidación, quiebra or other similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability.
Existence; Enforceability. GPS is validly existing and in good standing under the laws of the jurisdiction of its organization, and this RPSA is a legal, valid, and binding obligation of each Alsacia Shareholder, enforceable against it in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, insolvencia, reorganización, liquidación, quiebra or other similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability.
Existence; Enforceability. It is validly existing and in good standing under the laws of the state of its organization, and this Agreement is the legally valid and binding obligation of such Party, enforceable against it in accordance with its terms.
Existence; Enforceability. The Seller is a limited partnership, duly organized, validly existing and in good standing pursuant to the laws of the State of Delaware. The Seller has authorized the execution, delivery and performance of this Agreement, and each of the transactions contemplated hereby. Upon execution and delivery by the Buyer and the Seller, this Agreement shall constitute a valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms.
Existence; Enforceability. The Buyer has authorized the execution, delivery and performance of this Agreement, and each of the transactions contemplated hereby. Upon execution and delivery by the Buyer and the Seller, this Agreement shall constitute a valid and binding obligation of the Buyer, enforceable against the Buyer in accordance with its terms.
Existence; Enforceability. Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Michigan and has full corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on the Business as currently conducted. Schedule 5.1 sets forth each jurisdiction in which Seller is qualified to do business and Seller is duly licensed or qualified to do business and is in good standing in each jurisdiction in which the ownership of the Purchased Assets or the operation of the Business as currently conducted makes such licensing or qualification necessary. This Agreement constitutes valid and legally binding obligations of Seller, enforceable in accordance with its terms.
Existence; Enforceability. It is validly existing and in good standing under the laws of the state of its organization, and this RSA is a legal, valid, and binding obligation of such Party, enforceable against it in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, concurso, quiebra, or other similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability.
