Formation and Good Standing. Such Party is a limited partnership or limited liability company, legally formed, validly existing and, to the extent applicable, in good standing under the laws of the state of its formation. Such Party is duly qualified to do business and is in good standing as a foreign limited partnership or limited liability company, as applicable, in each jurisdiction where the character of the properties owned or leased by it or the nature of the businesses transacted by it requires it to be so qualified.
Appears in 11 contracts
Samples: Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Armada Enterprises Lp), Purchase and Sale Agreement (Memorial Production Partners LP)
Formation and Good Standing. Such Party is a corporation, limited partnership or limited liability company, legally formed, validly existing and, to the extent applicable, and in good standing under the laws of the state of its formation. Such Party is duly qualified to do business and is in good standing as a foreign corporation, limited partnership or limited liability company, as applicable, in each jurisdiction where the character of the properties owned or leased by it or the nature of the businesses transacted by it requires it to be so qualified.
Appears in 5 contracts
Samples: Merger, Contribution, Conveyance and Assumption Agreement, Conveyance and Assumption Agreement, Agreement (Lehigh Gas Partners LP)
Formation and Good Standing. Such Party is a limited partnership or limited liability company, legally duly formed, validly existing and, to the extent applicable, and in good standing as a limited partnership or limited liability company, as applicable, under the laws of the state its jurisdiction of its formation. Such Party is duly qualified to do business and is in good standing as a foreign limited partnership or limited liability company, as applicable, in each jurisdiction where the character of the properties owned or leased by it or the nature of the businesses transacted by it requires it to be so qualified.
Appears in 3 contracts
Samples: Assumption Agreement (LRR Energy, L.P.), Assumption Agreement (LRR Energy, L.P.), Assumption Agreement (LRR Energy, L.P.)
Formation and Good Standing. Such Party is a limited partnership or limited liability company, legally formed, validly existing and, to the extent applicable, in good standing under the laws Laws of the state of its formation. Such Party is duly qualified to do business and is in good standing as a foreign limited partnership or limited liability company, as applicable, entity in each jurisdiction where the character of the properties owned or leased by it or the nature of the businesses transacted by it requires it to be so qualified.
Appears in 3 contracts
Samples: Contribution Agreement (Rattler Midstream Lp), Contribution Agreement (Rattler Midstream Lp), Contribution Agreement
Formation and Good Standing. Such Party is a corporation, limited partnership or limited liability company, legally formed, validly existing and, to the extent applicable, in good standing under the laws of the state of its formation. Such Party is duly qualified to do business and is in good standing as a foreign corporation, limited partnership or limited liability company, as applicable, in each jurisdiction where the character of the properties owned or leased by it or the nature of the businesses transacted by it requires it to be so qualified.
Appears in 2 contracts
Samples: Contribution, Conveyance and Assumption Agreement (New Source Energy Partners L.P.), Contribution, Conveyance and Assumption Agreement (New Source Energy Partners L.P.)
Formation and Good Standing. Such Party is a limited partnership corporation or limited liability company, legally formed, validly existing and, to the extent applicable, in good standing under the laws of the state of its formation. Such Party is duly qualified to do business and is in good standing as a foreign limited partnership corporation or limited liability company, as applicable, in each jurisdiction where the character of the properties owned or leased by it or the nature of the businesses transacted by it requires it to be so qualified.
Appears in 2 contracts
Samples: Contribution Agreement (Memorial Resource Development Corp.), Contribution Agreement (Memorial Resource Development Corp.)
