Common use of Organization and Good Standing of Seller Clause in Contracts

Organization and Good Standing of Seller. Seller is a limited liability company and is duly organized, validly existing and in good standing under the Laws of the State of Delaware and qualified as a foreign entity in all other jurisdictions where its business requires it to be so qualified.

Organization and Good Standing of Seller. Seller is a limited liability company and is corporation duly organized, validly existing and in good standing under the Laws laws of the State of Delaware with all requisite power and qualified as a foreign entity in all other jurisdictions where authority to lease its properties and to carry on its business requires as now being conducted, and is duly qualified and in good standing in every jurisdiction in which the property owned, leased or operated by it to be so qualifiedor the nature of the business conducted by it makes qualification necessary.

Organization and Good Standing of Seller. Seller is a limited liability company duly organized and is duly organized, validly existing and in good standing under the Laws laws of the State its jurisdiction of Delaware and qualified as a foreign entity in all other jurisdictions where its business requires it to be so qualifiedincorporation or organization.

Organization and Good Standing of Seller. Seller is a limited liability company and is duly organized, validly existing and in good standing under the Laws of the State of Delaware and qualified as a foreign entity in all Delaware. Seller has not conducted business under any name other jurisdictions where its business requires it to be so qualifiedthan “Yalla Mediterranean, LLC” or “Yalla Mediterranean”.

Organization and Good Standing of Seller. Seller is a limited liability company and is duly organizedformed, validly existing and in good standing under the Laws of the State of Delaware Delaware. Seller has full limited liability company power and qualified as a foreign entity in all other jurisdictions where authority to execute and deliver this Agreement and to perform its business requires it obligations hereunder and to be so qualifiedconsummate the transactions contemplated hereby, including without limitation to own, hold, sell and transfer (pursuant to this Agreement) the Seller Membership Interests.

Organization and Good Standing of Seller. Seller is a limited liability company and is partnership duly organized, validly existing and in good standing under the Laws laws of the State of Delaware and is qualified to transact business and is in good standing as a foreign entity limited partnership in all other the jurisdictions where it is required to qualify in order to conduct its business requires it businesses as presently conducted except where the failure to be so qualifiedqualified would not have a Material Adverse Effect. Seller has the partnership power and authority to own, lease or operate all properties and assets now owned, leased or operated by it and to carry on its businesses as now conducted.