Common use of Organization, Authority, Etc Clause in Contracts

Organization, Authority, Etc. Purchaser is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware. Purchaser has all requisite power and authority to enter into and perform its obligations under the Transfer Documents.

Appears in 12 contracts

Samples: Purchase Agreement (PLM Equipment Growth Fund V), Purchase Agreement (PLM Equipment Growth & Income Fund Vii), Purchase Agreement (PLM Equipment Growth & Income Fund Vii)

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Organization, Authority, Etc. Purchaser is a limited liability company duly formedincorporated, validly existing and in good standing under the laws of the State state of Delaware. Purchaser has all requisite the limited liability company power and authority to conduct the business in which it is currently engaged and to own or hold under lease its properties and to enter into into, and perform its obligations under the Transfer Documents and the Transaction Documents, and has a tangible Net Worth (exclusive of goodwill) greater than $50,000,000.

Appears in 1 contract

Samples: Purchase Agreement (PLM Equipment Growth & Income Fund Vii)

Organization, Authority, Etc. Purchaser is a limited liability company duly formedincorporated, validly existing and in good standing under the laws of the State state of Delaware. Purchaser has all requisite the limited liability company power and authority to conduct the business in which it is currently engaged and to own or hold under lease its properties and to enter into into, and perform its obligations under the Transfer Documents and the Transaction Documents.

Appears in 1 contract

Samples: Purchase Agreement (PLM Equipment Growth Fund Vi)

Organization, Authority, Etc. Purchaser is a limited liability company corporation duly formed---------------------------- incorporated, validly existing and in good standing under the laws of the State state of Delaware. Purchaser has all requisite power and authority to enter into and perform its obligations under this Agreement and each of the Transfer Documents.Documents to which Purchaser is or may become a party. [Omnibus Agreement]

Appears in 1 contract

Samples: Omnibus Agreement (Ein Acquisition Corp)

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Organization, Authority, Etc. Purchaser is a limited liability company corporation duly formed---------------------------- incorporated, validly existing and in good standing under the laws of the State state of Delaware. Purchaser has all requisite power and authority to enter into and perform its obligations under this Agreement, [the Transfer DocumentsOmnibus Agreement,] the Assignment and Assumption Agreement and the Consents.

Appears in 1 contract

Samples: Omnibus Agreement (Ein Acquisition Corp)

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