Organization of Recipient. Each Recipient Party is an entity duly organized, validly existing and in good standing under the Laws of its state of organization, and has all requisite entity power and authority to own, operate and lease the System Assets and prior to Closing will be duly qualified to do business as a foreign entity in the jurisdiction where the System Assets are located.
Appears in 4 contracts
Samples: Contribution Agreement (Anadarko Petroleum Corp), Contribution Agreement (Western Gas Partners LP), Contribution Agreement (Western Gas Partners LP)
Organization of Recipient. Each Recipient Party is an entity duly organized, validly existing and in good standing under the Laws of its state of organization, and has all requisite entity power and authority to own, operate and lease own the System Assets and prior to Closing will be duly qualified to do business as a foreign entity in the jurisdiction where the System Assets are locatedMGR Interest.
Appears in 2 contracts
Samples: Contribution Agreement, Contribution Agreement (Western Gas Partners LP)
Organization of Recipient. Each Recipient Party is an entity duly organized, validly existing and in good standing under the Laws of its state of organization, and has all requisite entity power and authority to own, operate and lease the System Assets and prior to Closing will be duly qualified to do business as a foreign entity in the jurisdiction where the System Assets are located.. Section 5.2
Appears in 1 contract
Samples: Contribution Agreement
