Organization of Seller; Good Standing. Seller is a limited liability company duly organized, validly existing and in good standing under the Laws of its state of organization and has all requisite power and authority to own, lease and operate its assets and to carry on its business as now being conducted.
Organization of Seller; Good Standing. Seller is a limited liability company duly organized, validly existing and in good standing under the Laws of Florida 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 Seller; Good Standing. Seller is a limited liability company duly organized, validly existing and in good standing under the Laws of Texas 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 Seller; Good Standing. Seller is a corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware and has, subject to the necessary authority from the Bankruptcy Court, all requisite power and authority to own, lease and operate its assets and to carry on its business as now being conducted and in the places where such business is conducted and such assets are owned, leased or operated, except as would not reasonably be expected to have a negative impact on its Business.
Organization of Seller; Good Standing. (a) Seller is duly organized and validly existing and in good standing under the Laws of its state of formation. Seller has made available to Buyer Seller’s Organizational Documents that set forth the state of formation for Seller. Seller has all necessary power and authority to own, lease and operate its properties and to conduct its business in all jurisdictions in which Seller conducts business (or conducted business prior to the Business Disruption Event) and in the manner in which its business is currently being conducted (or was conducted prior to the Business Disruption Event) and has historically been conducted.
Organization of Seller; Good Standing. Seller is a duly organized, validly existing limited liability company or corporation in good standing under the laws of the jurisdiction of its incorporation or formation and as listed on Section 3.1 of the Disclosure Schedule and is qualified to do business in those jurisdictions listed on Section 3.1 of the Disclosure Schedule. Section 3.1 of the Disclosure Schedule also sets forth each Seller’s Federal Employer Identification Number (if applicable). Seller has, subject to the necessary authority from the Bankruptcy Court, all requisite corporate 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.
