Common use of ORGANIZATION, EXISTENCE AND GOOD STANDING OF SELLER AND KILAT Clause in Contracts

ORGANIZATION, EXISTENCE AND GOOD STANDING OF SELLER AND KILAT. Seller is a limited company duly organized, validly existing and in good standing under the laws of Australia and has full power and authority to carry on its business as now being conducted, to own and operate its properties and assets, and to perform all its obligations under the Transaction Agreements and the Contracts. Kilat is a limited company duly organized, validly existing and in good standing under the laws of Australia and has full power and authority to carry on its business as now being conducted, to own and operate its properties and assets, and to perform all its obligations under the Transaction Agreements.

ORGANIZATION, EXISTENCE AND GOOD STANDING OF SELLER AND KILAT. Seller is a limited company duly organized, validly existing and in good standing under the laws of Australia and has full power and authority to carry on its business as now being conducted, to own and operate its properties and assets, and to perform all its obligations under the Transaction Agreements and the Contracts. Kilat is a limited company duly organized, validly existing and in good standing under the laws of Australia and has full power and authority to carry on its business as now being conducted, to own and operate its properties and assets, and to perform all its obligations under the Transaction Agreementsthis Agreement.