Organization; Existence. Buyer is a Delaware limited liability company duly organized, validly existing, and in good standing under the laws of the state of its formation and has all requisite power and authority to own and operate its property and to carry on its business as now conducted.
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Samples: Purchase and Sale Agreement (Petroquest Energy Inc)
Organization; Existence. Buyer is a Delaware limited liability company corporation duly organized, formed and validly existing, and in good standing existing under the laws Laws of the state of its formation and Delaware. Buyer has all requisite power and authority to own and operate its property (including, at Closing, the Assets) and to carry on its business as now conducted. Buyer is duly licensed or qualified to do business as a foreign corporation and is in good standing in all jurisdictions in which such qualification is required by Law except where the failure to qualify or be in good standing would not have a material adverse effect upon the ability of Buyer to consummate the transactions contemplated by this Agreement.
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Samples: Purchase and Sale Agreement (Endeavour International Corp)
Organization; Existence. Buyer is a Delaware limited liability company corporation duly organized, validly existing, and in good standing under the laws of the state of its formation and has all requisite power and authority to own and operate its property and to carry on its business as now conducted.
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Organization; Existence. Buyer is a Delaware limited liability company partnership duly organized, formed and validly existing, and in good standing existing under the laws of the state State of its formation and Delaware. Buyer has all requisite power and authority to own and operate its property (including, without limitation, the Assets) and to carry on its business as now conducted. Buyer is duly licensed or qualified to do business as a foreign company and is in good standing in the State of North Dakota and in any other jurisdiction in which such qualification is required by law.
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Organization; Existence. Buyer is a Delaware limited liability company partnership duly organized, formed and validly existing, and in good standing existing under the laws Laws of the state of its formation and Delaware. Buyer has all requisite power and authority to own and operate its property (including, at Closing, the Assets) and to carry on its business as now conducted.now
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