Common use of Organization and Standing of Buyer Clause in Contracts

Organization and Standing of Buyer. Buyer is a limited liability company, duly organized, validly existing and in good standing under the laws of the state of its organization and has all requisite company power and authority to carry on its business as currently conducted by it.

Appears in 1 contract

Samples: Asset Purchase Agreement (Viewcast Com Inc)

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Organization and Standing of Buyer. Buyer is a limited liability company, company duly organized, validly existing and in good standing under the laws of the state of its organization and Delaware. Buyer has all requisite limited liability company power and authority necessary to carry on enable it to own and operate its properties and to conduct its business as currently now being conducted by itand presently proposed to be conducted.

Appears in 1 contract

Samples: Acquisition Agreement (Hiland Partners, LP)

Organization and Standing of Buyer. Buyer is a limited liability company, company duly organized, validly existing and in good standing under the laws of the state its jurisdiction of its organization and incorporation. Buyer has all requisite company full power and authority under its Governing Documents and applicable laws to carry on its business as currently conducted by itexecute and deliver this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Arcosa, Inc.)

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Organization and Standing of Buyer. Buyer is a limited liability company, company duly organized, validly existing and in good standing under the laws of the state of its organization and New Jersey; has all requisite company full power and authority to carry on conduct its business as currently conducted by itnow being conducted; and is duly qualified to do in each jurisdiction in which the nature of the property owned or leased or the nature of the its business requires such qualification.

Appears in 1 contract

Samples: Asset Purchase Agreement

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