LIMITED PARTNERSHIP ORGANIZATION. Buyer is a limited partnership duly organized, validly existing and in good standing under the laws of the state of Delaware and has all requisite limited partnership power and authority to own its properties and assets and to conduct its business as now conducted. Buyer is duly qualified to do business as a foreign entity in every jurisdiction where the character of the properties owned or leased by it or the nature of the business conducted by it makes such qualifications necessary.
Appears in 4 contracts
Samples: Purchase Agreement (Magellan Midstream Holdings Lp), Securities Purchase Agreement (Enterprise GP Holdings L.P.), Purchase Agreement (Williams Companies Inc)
