Common use of Formation, Good Standing and Authority Clause in Contracts

Formation, Good Standing and Authority. Buyer is a limited liability company duly formed, validly existing and in good standing under the laws of the state of Delaware. This Agreement constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms.

Formation, Good Standing and Authority. Buyer is a Delaware limited liability company duly formed, validly existing and in good standing under the laws of the state of Delaware. This Agreement constitutes the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms.

Formation, Good Standing and Authority. Buyer is a limited liability company duly formedorganized, validly existing and in good standing under the laws of the state of Delaware. This Agreement constitutes constitutes, and all documents and instruments contemplated hereby to be executed by Buyer constitute the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its termstheir respective terms subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.

Formation, Good Standing and Authority. Buyer is a limited liability company duly corporation formed, validly existing and in good standing under the laws of the state of Delaware. This Agreement constitutes and all documents and instruments contemplated hereby to be executed by Buyer constitute the legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its their respective terms, subject to all applicable bankruptcy and other similar laws of general application with respect to creditors.