Organization of Buyer; Good Standing. Buyer is a limited liability company duly organized, validly existing, and in good standing under the Laws of the state of its formation or incorporation.
Organization of Buyer; Good Standing. Buyer is a limited liability company duly organized, validly existing, and in good standing under the Laws of the State of Georgia and has all requisite corporate or similar power and authority to own, lease, and operate its assets and to carry on its business as now being conducted.
Organization of Buyer; Good Standing. Buyer is a Delaware corporation duly organized, 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 assets and to carry on its business as now being conducted and is duly qualified or licensed to do business and is in good standing in each jurisdiction where the character of its business or the nature of its properties makes such qualification or licensing necessary, except where the failure to be so organized, existing, qualified, or licensed, in good standing, or to have such power and authority would not, individually or in the aggregate, prevent or materially impair or delay Buyer’s ability to consummate the transactions contemplated hereby or perform its obligations hereunder on a timely basis.
Organization of Buyer; Good Standing. Buyer is a corporation, duly organized, validly existing and in good standing under the laws of the State of New York. Buyer has the requisite corporate power and authority to own, lease and operate its properties and to conduct its business as currently conducted and as contemplated subsequent to the execution of this Agreement.
Organization of Buyer; Good Standing. Rudy’s Reloaded is an assumed business name of Malden Avenue Associates, LLC a Washington State limited liability company duly organized, validly existing and in good standing under the laws of the State of Washington, and has all requisite corporate power and authority to own, lease and operate its assets and to carry on its business as now being conducted. Any assigns of Rudy’s Reloaded will be limited liability companies duly organized, validly existing and in good standing under the laws of the state of its formation with all requisite company power and authority to own, lease and operate its assets and to carry on its business as now being conducted
Organization of Buyer; Good Standing. Buyer is a limited liability company duly organized, validly existing, and in good standing under the Laws of the State of South Carolina and has all requisite corporate or similar power and authority to own, lease, and operate its assets and to carry on its business as now being conducted.
Organization of Buyer; Good Standing. Buyer is a corporation, duly organized, validly existing and in good standing under the laws of the State of Georgia. Buyer's operating subsidiary, which will acquire the Transferred Assets following the closing and operating the Business will be qualified to do business in New York. Buyer has the requisite corporate power and authority to own, lease and operate its properties and to conduct its business as currently conducted. Buyer is not currently qualified to do business in New York and this transaction, as contemplated with the subsequent transfer of the Transferred Assets to aforesaid operating subsidiary will not require the Buyer to qualify itself to do business in New York.
Organization of Buyer; Good Standing. Buyer has been duly formed and is validly existing and in good standing under the laws of the jurisdiction of its incorporation.
