Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 114 contracts
Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-3), Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (Carmax Auto Funding LLC)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the ReceivablesReceivables and to perform its obligations under and consummate the transactions contemplated by the Basic Documents.
Appears in 103 contracts
Samples: Receivables Purchase Agreement (Honda Auto Receivables 2024-3 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2024-2 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2024-2 Owner Trust)
Organization and Good Standing. The Purchaser is shall have been duly organized and shall be validly existing as a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with power and authority to own its properties and to conduct its business as such properties are shall be currently owned and such business is presently conducted, and had at all relevant times, and shall now have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 91 contracts
Samples: Receivables Purchase Agreement (Toyota Auto Receivables 2024-C Owner Trust), Form of Receivables Purchase Agreement (Toyota Auto Receivables 2024-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2024-B Owner Trust)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 16 contracts
Samples: Asset Purchase Agreement (Interface Security Systems, L.L.C.), Asset Purchase Agreement (Interface Security Systems Holdings Inc), Stock Purchase Agreement (Creative Vistas Inc)
Organization and Good Standing. The Purchaser has been duly organized and is validly existing as a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with the power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall havehas, the power, authority and legal right to acquire, acquire and own and sell the Receivables.
Appears in 15 contracts
Samples: Purchase Agreement (Franklin Auto Trust 2006-1), Purchase Agreement (Franklin Auto Trust 2003-2), Purchase Agreement (Franklin Auto Trust 2008-A)
Organization and Good Standing. The Purchaser has been duly organized and is a limited liability company duly organized, validly existing and in good standing as a limited liability company under the laws of the State of Delaware, and has with the power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently currently conducted, and had at all relevant times, and shall havehas, full power, authority and legal right to acquire, acquire and own the Railcars and sell the ReceivablesLeases Conveyed hereunder.
Appears in 15 contracts
Samples: Purchase and Contribution Agreement (Trinity Industries Inc), Purchase and Sale Agreement (Trinity Industries Inc), Purchase and Contribution Agreement (Trinity Industries Inc)
Organization and Good Standing. The Purchaser has been duly organized and is a limited liability company duly organized, validly existing and in good standing as a limited liability company under the laws of the State of DelawareDelaware or such other jurisdiction as permitted under the terms of the Transaction Documents, and has with the power and authority to own or lease its properties and to conduct its business as such properties are currently owned and such business is presently currently conducted, and had at all relevant times, and shall havehas, all necessary power, authority and legal right to acquire, acquire and own and sell the ReceivablesSale Portfolio.
Appears in 12 contracts
Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Purchase and Sale Agreement (Business Development Corp of America), Second Tier Purchase and Sale Agreement (Ares Capital Corp)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Nebraska and has full power and authority to own its properties and to conduct its business as such properties are currently presently owned and such business is presently conductedconducted and to execute, deliver and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell perform its obligations under the ReceivablesPurchaser Documents.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (First National Funding LLC), Receivables Purchase Agreement (First National Funding LLC), Receivables Purchase Agreement (Cabela's Master Credit Card Trust)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Northland Cable Properties Seven Limited Partnership), Asset Purchase Agreement (Hollywood Media Corp), Asset Purchase Agreement (Bell Industries Inc /New/)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has full power and authority to own its properties and to conduct its business as such properties are currently presently owned and such business is presently conductedconducted and to execute, deliver and had at all relevant times, perform its obligations under this Agreement and shall have, power, authority and legal right to acquire, own and sell the ReceivablesConveyance Papers.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Bread Financial Holdings, Inc.), Receivables Purchase Agreement (Alliance Data Systems Corp), Receivables Purchase Agreement (Alliance Data Systems Corp)
Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has full power and authority to own its properties and to conduct carry on its business as such it is now being conducted and to own or hold under lease the properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.it now owns or holds under lease 5.2
Appears in 3 contracts
Samples: Asset Purchase Agreement (iGambit, Inc.), Stock Purchase Agreement (Welch Rory), Stock Purchase Agreement (iGambit, Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, formed and validly existing and in good standing under the laws of the State of Delaware, and has has, in all material respects, full power and authority to own its properties and to conduct its business as such properties are currently presently owned and such business is presently conducted, and had at all relevant timesto execute, deliver and shall have, power, authority and legal right to acquire, own and sell the Receivablesperform its obligations under this Agreement.
Appears in 3 contracts
Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (American Express Receivables Financing Corp Iv LLC), Advance Receivables Factoring Agreement (Residential Capital, LLC)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, jurisdiction in which it is formed and has the requisite power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business it is presently now being conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Southern Power Co), Purchase and Sale Agreement (Alabama Power Co)
Organization and Good Standing. The Purchaser has been duly formed and is validly existing as a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall havehas, power, authority and legal right to acquire, own and sell purchase the Receivables.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Nordstrom Inc), Receivables Purchase Agreement (Nordstrom Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell business. The Purchaser was formed solely for the Receivablespurpose of engaging in the transactions contemplated by this Agreement.
Appears in 2 contracts
Samples: Purchase Agreement (Lehman Brothers Holdings Inc), Purchase Agreement
Organization and Good Standing. The Purchaser is a limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Zayo Group LLC), Stock Purchase Agreement (Zayo Group Holdings, Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of DelawareDelaware and has, and has in all material respects, full power and authority to own its properties and to conduct its business as such properties are currently presently owned or conducted and such business is presently conductedto execute, deliver and had at all relevant times, perform its obligations under this Agreement and shall have, power, authority and legal right to acquire, own and sell the Receivables.Conveyance Papers. (b)
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Partners First Receivables Funding Corp), Receivables Purchase Agreement (Partners First Credit Card Master Trust)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with full corporate power and authority to own its properties and to conduct its business as such properties are currently owned and such business it is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Petro River Oil Corp.), Asset Purchase Agreement (Petro River Oil Corp.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, corporation validly existing and in good standing under the laws of the State of Delaware, Delaware and has full corporate power and authority to own its properties and to conduct its business as such it is now being conducted and to own, operate or lease the properties are and assets it currently owned owns, operates or holds under lease and such is duly qualified to do business and is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell in good standing in the ReceivablesState of Maryland.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Healthextras Inc), Securities Purchase Agreement (Healthextras Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has full power and authority to own own, operate and lease its properties and to conduct carry on its business as such properties are currently owned and such business is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 2 contracts
Samples: Asset Sale Agreement (Southwest General Hospital Lp), Asset Sale Agreement (Southwest General Hospital Lp)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, organized and validly existing and in good standing under the laws of the State of DelawareDelaware and has, and has in all material respects, full power and authority to own its properties as such properties are presently owned and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant timesto execute, deliver and shall have, power, authority perform its obligations under this Agreement and legal right to acquire, own and sell the Receivableseach Supplemental Conveyance.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Providian Master Trust), Receivables Purchase Agreement (Providian Master Trust)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Station Casinos LLC), Asset Purchase Agreement (Macquarie Infrastructure CO LLC)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing existing, and in good standing (a) under the laws Laws of the State state of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.Delaware and
Appears in 2 contracts
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 2 contracts
Samples: Equity Purchase Agreement (HollyFrontier Corp), Asset Purchase Agreement (Nova Biosource Fuels, Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, organized and validly existing and in good standing under the laws of the State of Delaware, Delaware and has power full power, authority and authority legal right to own its properties and to conduct its business as such properties are currently at present owned and such business is presently at present conducted, and had at all relevant timesto execute, deliver and shall have, power, authority and legal right to acquire, own and sell the Receivablesperform its obligations under this Agreement.
Appears in 2 contracts
Samples: Purchase Agreement (Bank One Auto Securitization LLC), Purchase Agreement (Bank One Auto Securitization Trust 2003-1)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite corporate power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Genasys Inc.), Agreement and Plan of Merger and Reorganization (Genasys Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing formed under the laws of the State of Delaware, validly existing and in good standing under Delaware law and has power full power, authority and authority the legal right to own its properties and to conduct its business as such properties are currently owned and such business is presently now conducted, and had at all relevant timesto execute, deliver and shall have, power, authority and legal right to acquire, own and sell the Receivablesperform its obligations under this Agreement.
Appears in 2 contracts
Samples: Loan Purchase Agreement (CURO Group Holdings Corp.), Loan Purchase Agreement (CURO Group Holdings Corp.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, corporation validly existing and in good standing under the laws of the State of Delaware, Delaware and has full power and authority to own its properties and to conduct its business as such properties are currently presently owned and such business is presently conductedconducted and to execute, deliver and had at all relevant times, perform its obligations under this Agreement and shall have, power, authority and legal right to acquire, own and sell the ReceivablesConveyance Papers.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (A I Receivables Transfer Corp), Receivables Sale Agreement (A I Receivables Corp)
Organization and Good Standing. The Purchaser is a limited liability company duly organizedincorporated, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently heretofore conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (AppTech Payments Corp.)
Organization and Good Standing. The Purchaser is a limited liability company partnership duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company company, duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.. Section 5.02
Appears in 1 contract
Samples: Membership Interests Purchase Agreement (Molina Healthcare Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, organized and validly existing and as a corporation in good standing under the laws of the State of Delaware, and has with the corporate power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall havehas, the corporate power, authority and legal right to acquireacquire and own the Receivables and the other Transferred Property and to convey the Receivables and the other Transferred Property to the Issuer pursuant to the Trust and Servicing Agreement, own and sell to perform its other obligations under this Agreement and the ReceivablesTrust and Servicing Agreement.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has power and authority is qualified to own its properties and to conduct its transact business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell in the ReceivablesState of Florida.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite power and authority to own own, lease and operate its properties and properties, to conduct carry on its business as such properties are currently owned now conducted and such business is presently conducted, to perform its obligations under this Agreement and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the ReceivablesPurchaser Documents.
Appears in 1 contract
Organization and Good Standing. The Purchaser is duly organized and validly existing as a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with the power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall havehas, the power, authority and legal right to acquireacquire and own, own and sell the ReceivablesTransferred Media Assets.
Appears in 1 contract
Samples: Sale and Contribution Agreement (First Look Studios Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware. As of the Applicable Time, each Designated Affiliate will be duly organized, validly existing and has power and authority to own in good standing under the Laws of the applicable jurisdiction of its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesorganization.
Appears in 1 contract
Samples: Asset and Stock Purchase Agreement (Georgia Pacific Corp)
Organization and Good Standing. The Purchaser is a duly organized and validly existing limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite company power and authority to own for the ownership and operation of its properties and to conduct for the carrying on of its business as such properties are currently owned now conducted and such business is presently as now proposed to be conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Voting Capital Interests Purchase Agreement (Blackhawk Capital Group BDC Inc)
Organization and Good Standing. The Purchaser is a [corporation/limited liability company company] duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Purchaser has the requisite company power and authority to own execute and deliver this Agreement to be executed by it, to perform its properties obligations hereunder and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell consummate the Receivablestransactions contemplated hereby.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dolan Media CO)
Organization and Good Standing. The Purchaser is a limited liability company partnership duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, Delaware and has all requisite limited partnership power and authority to own own, lease and operate its properties and to conduct assets and carry on its business as such properties are currently owned and such business is presently now being conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Asset Purchase Agreement (Costa Inc)
Organization and Good Standing. The Purchaser is a Delaware limited liability company duly organized, validly existing and in good standing formed under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company ------------------------------ corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite corporate power and authority to own its properties and to conduct carry on its business as it is now being conducted. Purchaser is duly qualified or authorized to do business as a foreign corporation and in good standing under the laws of each jurisdiction in which the conduct of its business or the ownership of its properties requires such properties are currently owned and such business is presently conductedqualification or authorization, and had at all relevant times, and shall have, power, authority and legal right except where the failure to acquire, own and sell the Receivablesso qualify would not have a Material Adverse Effect on Purchaser.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Asset Purchase Agreement (Emmis Communications Corp)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently now being conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Stock Purchase Agreement (Compass Group Diversified Holdings LLC)
Organization and Good Standing. The Purchaser is a limited liability company duly organizedcompany, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite power and authority to own own, lease and operate its properties and to conduct carry on its business as such business. Parent is a corporation, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to own, lease and operate its properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablescarry on its business.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Intellectual Property Purchase Agreement and License (Fat Brands, Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Purchaser has all requisite limited liability company power and authority to own its properties the Interests and to conduct carry on its business as such properties are in a manner similar to that currently owned and such business is presently conducted, except where the failure to have such power and had at all relevant timesauthority would, and shall haveor would be reasonably expected to, power, authority and legal right to acquire, own and sell the Receivableshave a Purchaser Material Adverse Effect.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a Delaware limited liability company duly organized, validly existing existing, and in good standing under the laws of the State jurisdiction of Delawareits formation, and has power full power, authority and authority legal right to own or lease its properties and to conduct its business as such properties are currently owned and such business is presently conducted, conducted and had at all relevant times, and shall have, now has all necessary power, authority and legal right to acquire, own and sell pledge the ReceivablesConveyed Property.
Appears in 1 contract
Samples: Sale and Contribution Agreement (Trinity Capital Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has full power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently owned or conducted, and had at all relevant times, has the power and shall have, power, authority to acquire and legal right to acquire, own and sell the ReceivablesSale Assets.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Business Development Corp of America)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State state of Delaware, Delaware and has the requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Asset Purchase Agreement
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite corporate power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Purchaser has all requisite limited liability company power and authority to own its properties the Interests and to conduct carry on its business as such properties are in a manner similar to that currently owned and such business is presently conducted, except where the failure to have such power and had at all relevant timesauthority would, and shall haveor would be reasonably expected to, power, authority and legal right to acquire, own and sell the Receivables.have a Purchaser Material Adverse Effect. Section 5.2
Appears in 1 contract
Samples: Viii Stock Purchase Agreement
Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the power and authority to own conduct all of the activities conducted by it and is in good standing as a foreign corporation in each other jurisdiction where the properties owned, leased or operated or the business conducted by it requires such qualification, except where the failure to so qualify would not materially adversely affect its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Minerco Resources, Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has power and authority to own its properties and to in each jurisdiction where the conduct of its business as requires such properties are currently owned and such business license, qualification or good standing, except where the failure to be so licensed or qualified or in good standing would not have a material adverse effect the ownership or use of its assets, the validity or enforceability of the Transaction Documents to which it is presently conducteda party, and had at all relevant times, and shall have, power, authority and legal right or the ability of the Purchaser to acquire, own and sell the Receivablesperform its obligations hereunder or thereunder.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State state of Delaware, and has the requisite power and authority to own its properties and to conduct carry on its business as such properties are currently owned and such business it is presently now being conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Stock Subscription Agreement (Core Mark International Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite corporate power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and . Purchaser has the requisite power and full authority to own its properties and to conduct its business as such properties are currently owned and such business it is presently conducted, being conducted and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell lease its properties and assets. Capitol C Restaurants is qualified to do business in the ReceivablesDistrict of Columbia.
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Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has power and authority is entitled to own or lease its properties and to conduct carry on its business as and in the places where such properties are currently owned now owned, leased, or operated and such business is presently now conducted, . Purchaser is duly licensed or qualified and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell in good standing as a foreign corporation where the Receivablescharacter of the properties owned by Purchaser or the nature of the business transacted by it make such license or qualification necessary.
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Samples: Stock Purchase Agreement (Whitehall Enterprises Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has full power and authority to own carry on its properties and businesses as now conducted. Purchaser is duly qualified or licensed to conduct its do business as a foreign corporation in each jurisdiction in which it is required to be so qualified or licensed, except in such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right jurisdictions in which failure to acquire, own and sell the Receivablesbe so qualified or licensed would not have a Material Adverse Effect on Purchaser.
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Samples: Asset Purchase Agreement (Cidco Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own its own, lease and operate properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
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Samples: Stock Subscription Agreement (Central Vermont Public Service Corp)
Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite corporate power and authority to own or hold under lease its properties and assets and to conduct carry on its business as such properties are currently owned and such business is now being conducted or as presently proposed to be conducted, and had at all relevant times, is duly qualified and shall have, power, authority and legal right to acquire, own and sell in good standing as a foreign corporation in each jurisdiction where the Receivablesnature of the property owned or leased or the business transacted by it makes such qualification necessary.
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Samples: Asset Purchase Agreement (Diversified Health & Fitness Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State Commonwealth of Delaware, and has Pennsylvania with power and authority to own its properties and to conduct its business as such properties are shall be currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
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Samples: Participation and Servicing Agreement (Check Mart of New Mexico Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and has with full organizational power and authority to own its properties enter into this Agreement and each of the Purchaser Documents to which it is or will be a party, and to conduct perform its business as such properties are currently owned obligations hereunder and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesthereunder.
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Samples: Stock Purchase Agreement (Cambium Learning Group, Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
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Organization and Good Standing. The Each Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Samples: Asset Purchase Agreement
Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, validly existing existing, and in good standing under the laws of the State of Delaware, and has full corporate power and authority to own its properties and to conduct its business as it is now being conducted. The Purchaser is duly qualified to do business as a foreign corporation and is in good standing under the laws of each state or other jurisdiction in which either the ownership or use of properties owned or used by it, or the nature of the activities conducted by it, requires such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesqualification.
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Samples: Agreement and Plan of Merger (Lifecodes Corporation)
Organization and Good Standing. The Purchaser is a limited liability company partnership duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite partnership power and authority to own own, lease and operate its properties and properties, to conduct carry on its business as such properties are currently owned and such business is presently now conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
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Organization and Good Standing. The Purchaser is a limited liability company corporation or other legal entity duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has all requisite corporate power and authority to own own, lease and operate its properties and properties, to conduct carry on its business as such properties are currently owned now conducted and such business is presently conducted, to perform its obligations under this Agreement and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the ReceivablesPurchaser Documents.
Appears in 1 contract
Samples: Asset Purchase Agreement
Organization and Good Standing. The Purchaser is a limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, Delaware and has the organizational power and authority to own its properties assets and to conduct its transact the business as such properties are in which it is currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesengaged.
Appears in 1 contract
Samples: Vehicle Contracts Purchase and Sale Agreement (Consumer Portfolio Services Inc)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, organized under the laws of the State of Delaware and is validly existing as a limited liability company and is in good standing under the laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Flagship Credit Corp.)
Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, organized and validly existing and in good standing under the laws of the State of DelawareDelaware and has, and has in all material respects, full power and authority to own its properties and to conduct its business as such properties are currently presently owned or conducted and such business is presently conductedto execute, deliver and had at all relevant times, perform its obligations under this Agreement and shall have, power, authority and legal right to acquire, own and sell the ReceivablesConveyance Papers.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Partners First Receivables Funding Corp)
Organization and Good Standing. The Purchaser is a limited ------------------------------ liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has power and authority to own its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)
Organization and Good Standing. The Purchaser is a corporation duly incorporated and validly existing under the laws of the State of Delaware and Seller is a limited liability company duly organized, organized and validly existing and in good standing under the laws of the State of Delaware, and . Each party has all requisite power and authority to own execute and deliver and perform its properties and to conduct its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesobligations under this Agreement.
Appears in 1 contract
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing organized and in good standing under the laws Laws of the State of Delaware, and has power and all requisite authority to own its properties and to conduct carry on its business as such properties currently conducted and Purchaser is duly qualified and licensed and possesses all respective licenses, franchises, permits and other governmental authorizations to carry on its businesses as they are currently owned and such business is presently now being conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivables.
Appears in 1 contract
Samples: Agreement (Northern Oil & Gas, Inc.)
Organization and Good Standing. The Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, Delaware and has all requisite limited liability company power and authority to own own, lease and operate its properties and to conduct carry on its business as such properties are currently owned and such business is presently conducted, and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesbusiness.
Appears in 1 contract
Samples: Asset Purchase Agreement (Strategic Diagnostics Inc/De/)
Organization and Good Standing. The Purchaser is a limited liability company corporation duly organized, organized and validly existing and in good standing under the laws of the State of DelawareDelaware and has, and has in all material respects, full power and authority to own its properties and to conduct its business as such properties are currently presently owned and such business is presently conductedconducted and to execute, deliver and had at all relevant times, and shall have, power, authority and legal right to acquire, own and sell the Receivablesperform its obligations under this Agreement.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Conseco Finance Credit Card Funding Corp)