Common use of Limited Liability Company Existence and Power Clause in Contracts

Limited Liability Company Existence and Power. The Company is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of formation.

Limited Liability Company Existence and Power. The Company is a limited liability company duly organized, validly existing and in good standing under the laws of Delaware, with full power and authority to conduct its jurisdiction of formationbusiness as it is now being conducted and to own or use the properties and assets that it purports to own or use.