Limited Liability Company Status. The Company is a limited liability company duly formed and validly existing under the Illinois Limited Liability Company Act.
Limited Liability Company Status. No change will be made in Tel's Limited Liability Status.
Limited Liability Company Status. Seller is a limited liability company duly organized and validly existing under the laws of State of North Carolina and is, or will be on the applicable Closing Date, duly authorized to do business in the state in which the Property is located in accordance with local law. P-51 Associates is the managing manager of Seller and has been duly authorized and empowered by Seller's members to execute this Agreement and all documents in connection herewith.
Limited Liability Company Status. The Seller is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization and (a) has all requisite limited liability company power and authority to carry on its business as it is now being conducted and (b) is duly qualified to do business and is in good standing in each of the jurisdictions in which the conduct of its business requires it to be so qualified, licensed or authorized, except where the failure to have such power and authority or to be so qualified, licensed or authorized could not reasonably be expected to have a material adverse effect on the Seller or the transactions contemplated by this Agreement. The Seller has made available to the Purchaser true, complete and accurate copies of the certificate of formation, limited liability company agreement, regulations or other organizational or governing documents of the Seller, each as in effect on the date hereof.
Limited Liability Company Status. The Purchaser is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and the Purchaser (a) has all requisite power and authority to carry on its business as it is now being conducted and (b) is duly qualified to do business and is in good standing in each of the jurisdictions in which the conduct of its business requires it to be so qualified, licensed or authorized, except where the failure to have such power and authority or to be so qualified, licensed or authorized could not reasonably be expected to result in a material adverse effect on the Purchaser or the transactions contemplated by this Agreement.
Limited Liability Company Status. Acquiror (a) is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware, and (b) has all requisite limited liability company power and authority to carry on its business as now and heretofore conducted and to own, operate and lease its properties, and (c) is duly qualified or licensed to transact business in and is in good standing as a foreign limited liability company in all jurisdictions where Acquiror is required to be qualified or licensed to do business as a foreign limited liability company.
Limited Liability Company Status. The Company is a limited liability company duly formed, validly existing and in good standing under the laws of its jurisdiction of formation; and (i) has all requisite limited liability power and authority to own, operate or lease all of its properties and assets and to carry on its business as it is now being conducted, and (ii) is duly qualified to do business and is in good standing in each of the jurisdictions in which the ownership, operation or leasing of its properties and assets and the conduct of its business requires it to be so qualified, licensed or authorized, except where the failure to be so qualified, licensed or authorized would not be reasonably likely to result in a Material Adverse Effect; all such jurisdictions in which the Company is qualified to do business are set forth in Section 4.1 of the Disclosure Schedule. The Company has delivered to Buyer a true and complete copy of the Certificate of Formation and all amendments thereto of the Company and a true and complete copy of the Operating Agreement, including all amendments thereto, each as in effect on the date hereof.
Limited Liability Company Status. Each of Wasco I and Wasco II is a limited liability company duly organized, validly existing and in good standing under the laws of the State of California. Each of Wasco I and Wasco II possess all necessary powers to transact business in the State of California.
Limited Liability Company Status. Buyer (a) is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware, and (b) has all requisite limited liability company power and authority to carry on its business as now and heretofore conducted and to own, operate and lease its properties.
Limited Liability Company Status. Operator is a limited liability company duly organized, validly existing, and in good standing under the Laws of Nevada and duly qualified to conduct business in the State of New York, with full power to enter into this Agreement and execute all documents required hereunder.
