Common use of Organization of Buyer Clause in Contracts

Organization of Buyer. Buyer is a limited partnership duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws Laws of the State state of Delaware and has all requisite necessary limited liability company power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its business as now being currently conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership duly organizedliability company, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderDelaware.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, organized and validly existing under the Laws of the State of Delaware, is qualified to do business and is in good standing under the laws Laws of the State of Delaware any jurisdiction where such qualification is necessary, and has all requisite full power and authority right to carry on its business as such is now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly --------------------- existing and in good standing under the laws of the State of Delaware with full corporate power to own or lease its properties and has all requisite power and authority to carry on conduct its business in the manner and in the places where such properties are owned or leased or such business is conducted by it. Buyer is duly qualified to do business as now being conducted, and a foreign corporation in each jurisdiction in which it is required to perform its obligations hereunderbe so qualified except to the extent that any failure to be so qualified would not have a material adverse effect on the Buyer.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite limited liability company power and authority to own or lease and to operate and use its assets and properties and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability corporation duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware. The execution and has all requisite power and authority to carry on its business as now being conducteddelivery of this Agreement, and to perform its obligations hereunderconsummation of the transactions contemplated herein, have been duly and validly authorized by the manager of Buyer.

Organization of Buyer. Buyer (i) is a limited partnership duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and Delaware, (ii) has all requisite full power and authority to own or lease its properties and assets and to carry on its business as now being conducted, presently conducted and (iii) is duly qualified to perform its obligations hereunderdo business and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the businesses conducted by it makes such qualification necessary.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderDelaware.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has Delaware, which is the only jurisdiction in which its ownership of property or conduct of business requires it to be qualified. The Company possesses all requisite corporate power and authority and all licenses, permits and authorizations necessary to own and operate its properties, to carry on its business businesses as now being conducted, conducted and to perform its obligations hereundercarry out the transactions contemplated by this Agreement and the Transaction Documents.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Buyer has all requisite full limited liability company power and authority to own or lease and to operate and use its properties and assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a Delaware limited partnership duly organized, validly existing existing, and in good standing under the laws of the State of Delaware and has all requisite power is duly qualified or registered and authority in good standing to carry transact business under the Laws of each jurisdiction where the character of its activities or the location of the properties and assets owned or leased by it requires such qualification or registration, except where the lack of such qualification would not have a Material Adverse Effect on its business as now being conducted, and to perform its obligations hereunderSeller.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing existing, and in good standing under the laws Laws of the State of Delaware and Delaware. Buyer has all the requisite corporate power and authority necessary to own or lease its properties and to carry on its business businesses as now being currently conducted. There is no pending or Threatened Action (or Basis therefor) for the dissolution, and to perform its obligations hereunderliquidation, insolvency, or rehabilitation of Buyer.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite Maryland, with full power and authority to carry on its business as now being conducted, and to perform its obligations hereunderconsummate the transactions contemplated hereby.

Organization of Buyer. Buyer is a limited partnership newly formed corporation, duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite power and authority to own, lease and operate its properties and to carry on its business as now being conducted, except for any failure to be in good standing or to have requisite power and authority that in the aggregate could not reasonably be expected to perform its obligations hereunderresult in a Material Adverse Change.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, incorporated and validly existing and in good standing under the laws of the State of Delaware and has all requisite full legal right, power and authority to carry on enter into this Agreement and to perform its business as now being conductedobligations hereunder. Buyer has full legal right, power and authority to execute and deliver each other agreement, document, instrument or certificate contemplated by this Agreement (“Buyer Documents”) or to be executed by Buyer in connection with the consummation of the transactions contemplated by this Agreement, and to perform its obligations hereunderhereunder and thereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware with full corporate power to own or lease its properties and has all requisite power and authority to carry on conduct its business as now being conducted, in the manner and to perform its obligations hereunderin the places where such properties are owned or leased or such business is conducted by it.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite Nebraska with full company power and authority to carry on the business in which it is engaged, to own, lease and operate its business as now being conducted, properties and to enter into and perform its obligations hereunderunder this Agreement.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, organized and validly existing and in good standing under the laws of the State of Delaware and has all requisite the limited liability company power to execute, deliver and authority to carry on its business as now being conducted, and to perform its obligations hereunderthis Agreement.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing existing, and in good standing under the laws of the State of Delaware Delaware, and has all requisite power and authority to carry on its business as now being conducted, own and lease the properties and assets it currently owns and leases and to perform conduct its obligations hereunderactivities as such activities are currently conducted. Buyer is qualified to do business and will be in good standing in California and on or prior to the Closing Date will be qualified to do business and in good standing in all jurisdictions in which the nature of the business conducted by it makes such qualification necessary.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite with full corporate power and authority to carry on own or lease its properties and to conduct its business in the manner and in the places where such properties are owned or leased or such business is conducted by it. Buyer is qualified to do business as now being conducteda foreign corporation in each jurisdiction in which such qualification is necessary, and except where the failure to perform its obligations hereunderbe so qualified would not have a material adverse effect on Buyer.

Organization of Buyer. Buyer is a limited partnership duly liability company organized, validly existing and in good standing under the laws of the State of Delaware with full corporate power to own or lease its properties and has all requisite power and authority to carry on conduct its business as now being conducted, in the manner and to perform its obligations hereunderin the places where such properties are owned or leased or such business is conducted by it.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws Laws of the State of Delaware Delaware. Buyer is duly authorized to conduct business and is in good standing under the Laws of each jurisdiction where such qualification is required and where failure to be so qualified would have a Material Adverse Effect. Buyer has all requisite full corporate power and authority and all Permits necessary to carry on its business as now being conducted, the businesses in which it is engaged and to perform its obligations hereunderown and use the properties owned and used by it.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, formed and validly existing under the laws of the State of Delaware and is qualified to do business and is in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderDelaware.

Organization of Buyer. Buyer is a limited partnership duly organized, formed and --------------------- validly existing and in good standing under the laws of the State of Delaware and has all requisite full partnership power and authority to own, lease or otherwise hold its properties and assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite with full power and authority to carry on own, operate or lease its properties and to conduct its business as now being conducted, in the manner and to perform its obligations hereunderin the places where such properties are owned or leased or such business is conducted by it.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly --------------------- existing and in good standing under the laws of the State of Delaware and has all requisite with full corporate power and authority to carry on own and lease its properties and conduct its business as now it is presently being conducted. Buyer is duly qualified to do business as a foreign corporation and is in good standing in each of the jurisdictions in which its right, title and interest in or to perform any of the assets held by it, or the conduct of its obligations hereunderbusiness, requires such authorization, qualification or licensing, except where the failure to be so qualified would not have a Material Adverse Effect.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and Delaware. Buyer has all requisite full legal right, power and authority necessary to carry on its business as it is now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company that is indirectly wholly owned by FreightCar, and is duly organizedformed, validly existing existing, and in good standing under the laws of the State of Delaware Delaware, and has all requisite full power and authority and all requisite rights, licenses, permits and franchises to own, lease and operate its assets and to carry on its business as now being conducted, and to perform its obligations hereunderbusiness.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite limited liability company power and authority to own, lease and operate its assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has all other jurisdictions in which its ownership of property or conduct of business requires it to be qualified except where the failure to be so qualified or in good standing does not have a material adverse effect on the operations, properties, or financial condition of Buyer. Buyer possesses all requisite corporate power and authority to carry on its business as now being conducted, and to perform its obligations hereunderout the transactions contemplated by this Agreement.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware [Delaware] and has all requisite company power and authority to own, lease and operate its assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, --------------------- validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderDelaware.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite power and authority Delaware. As of the Closing, Buyer will be duly qualified to carry on its conduct business as now being conductedin, and to perform its obligations hereunderis in good standing under the Laws of, the State of West Virginia and the Commonwealth of Virginia.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware Delaware. Buyer is duly licensed or qualified to do business and has all requisite power and authority to carry on is in good standing in each jurisdiction in which the operation of its business as now being conducted, and to perform its obligations hereundercurrently conducted makes such licensing or qualification necessary.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Buyer has all requisite full entity power and authority to carry on its business as now it is currently being conductedconducted and to own, operate and hold under lease its assets and properties as, and to perform its obligations hereunderin the places where, such assets and properties are currently owned, operated or held.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, organized and validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority is qualified to carry on do business as a foreign limited liability company in good standing in each other state wherein the nature of its business as now being conducted, and to perform its obligations hereunderor activities requires such qualification.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, organized and validly existing under the laws of the State of Delaware, is qualified to do business and is in good standing under the laws of any jurisdiction where such qualification is necessary, including, as of the State of Delaware Closing, West Virginia, and has all requisite full power and authority right to carry on its business as such is now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Buyer has all the requisite power and authority to own or lease and operate its assets and to carry on its business as now being conducted, and in the manner that they were conducted immediately prior to perform its obligations hereunderthe date of this Agreement.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws Laws of the State state of Delaware and has all requisite necessary corporate power and authority to own, operate or lease the properties and assets now owned, operated or leased by it and to carry on its business as now being currently conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership duly organized, formed and validly existing and in good standing under the laws of the State of Delaware and has all requisite full partnership power and authority to own, lease or otherwise hold its properties and assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware, is authorized to transact business in Illinois and has all requisite full corporate power and authority to utilize its assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware, and has all requisite power and authority to carry on conduct its business as now it is presently being conducted, conducted and to perform own and lease its obligations hereunderproperties and assets.

Organization of Buyer. Buyer is a limited partnership liability company duly organizedformed, validly existing and in good standing under the laws Laws of the State of Delaware Delaware. Parent is a limited liability company duly formed, validly existing and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderin good standing under the Laws of the State of Delaware.

Organization of Buyer. Each Buyer is a limited partnership liability company, duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderDelaware.

Organization of Buyer. Buyer is a limited partnership liability company, duly organized, organized and validly existing under the Laws of Delaware, is qualified to do business and is in good standing under the laws Laws of the State of Delaware any jurisdiction where such qualification is necessary, and has all requisite power and authority to carry on its business as such is now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and Delaware. Buyer has all the requisite power and authority to own or lease and operate its assets and to carry on its business as now being conducted, and businesses in the manner that they were conducted immediately prior to perform its obligations hereunderthe date of this Agreement.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware Delaware. Copies of the organizational documents and has all requisite power bylaws of Buyer, each as amended to date, have been heretofore delivered to Seller and authority to carry on its business as now being conducted, are accurate and to perform its obligations hereundercomplete.

Organization of Buyer. Buyer is a limited partnership liability company duly organizedformed, validly existing and in good standing under the laws of the State of Delaware and has all requisite full corporate power and authority to own, lease or otherwise hold its properties and assets and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite full power and authority to own or lease and to operate and use its assets and properties and to carry on its business as now being conducted, and to perform its obligations hereunder.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing existing, and in good standing under the laws of the State of Delaware and has all requisite power and authority to carry on its business as now being conducted, and to perform its obligations hereunderDelaware.

Organization of Buyer. Buyer is a limited partnership liability company duly organized, validly existing existing, and in good standing under the laws of the State of Delaware and Delaware. Buyer has all requisite limited liability company power and authority to carry on conduct its business as now being conducted, currently conducted and to perform own, operate and lease its obligations hereunderproperties and assets, as applicable.

Organization of Buyer. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite with full corporate power and authority to carry on own or lease its properties and to conduct its business in the manner and in the places where such properties are owned or leased or such business is conducted by it. Buyer is qualified to do business as now being conducteda foreign corporation in each jurisdiction in which such qualification is necessary, and except where the failure to perform its obligations hereunderbe so qualified would not have a material adverse effect on Buyer.