Common use of Incorporation; Power and Authority Clause in Contracts

Incorporation; Power and Authority. Buyer is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware, with all necessary power and authority to execute, deliver and perform this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Daseke, Inc.), Purchase and Sale Agreement (Daseke, Inc.)

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Incorporation; Power and Authority. Buyer is a limited liability company corporation duly organizedformed, validly existing and in good standing under the Laws of the State of Delaware, with and has all necessary power and authority necessary to executeown, deliver lease and perform this Agreementoperate its assets and to carry on its business as conducted. Buyer is duly qualified to do business as a foreign corporation in each jurisdiction in which the nature of its business or its ownership or lease of property requires it to be so qualified and where the failure to be qualified would have a Material Adverse Effect. Buyer is in compliance with all provisions of its Organizational Documents.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Aventine Renewable Energy Holdings Inc), Asset Purchase Agreement (Nebraska Energy, L.L.C.)

Incorporation; Power and Authority. Buyer is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware, with all necessary power and authority to execute, deliver and perform this AgreementAgreement and the other Transaction Documents to which it is a party. Each of Daseke Holdco and Parent is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware, with all necessary power and authority to execute, deliver and perform this Agreement and the other Transaction Documents to which it is a party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Daseke, Inc.)

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Incorporation; Power and Authority. Buyer is a limited liability company corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware, with all necessary power and authority to execute, deliver and perform this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Daseke, Inc.)

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