Organization of the LLC Sample Clauses

Organization of the LLC. The LLC shall be organized under the laws of the State. The LLC shall be organized on the date of the filing of the Articles. The Members shall execute or cause to be executed and filed the Articles and such other documents and instruments with such appropriate authorities as may be necessary or appropriate from time to time to comply with all requirements for the formation and operation of a limited liability company in the State.
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Organization of the LLC. The LLC is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Kentucky. The Articles of Organization and Operating Agreement of the LLC is attached hereto as Exhibit 3.1(b), is a true and accurate copy thereof, is in full force and effect, and has not been modified or amended.
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Organization of the LLC. The LLC is a limited liability company duly formed, validly existing, and in good standing under the laws of the State of Nevada, and has all requisite power and authority to own, operate, or lease the properties owned, operated or leased by the LLC and to carry on its business as it has been and is currently conducted as of the date hereof and as contemplated by the Operating Agreement. The LLC is duly licensed or qualified to do business in the State of Nevada and is in good standing in the State of Nevada.
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Organization of the LLC. The LLC is a limited liability company organized under the laws of the State of Michigan and has the authority to carry on its business as presently conducted. The LLC has good title to all of its assets, free of all liens and encumbrances unless otherwise noted. The LLC’s books and records are complete and true in all material aspects.
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Related to Organization of the LLC

  • Organization of the Company The Company is a corporation duly organized and validly existing and in good standing under the laws of the State of Nevada.

  • Organization of the Buyer The Buyer is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  • Organization of the Trust AUTHORITY TO EXECUTE AND PERFORM VARIOUS DOCUMENTS; DECLARATION OF TRUST BY DELAWARE TRUSTEE

  • Organization of the Seller The Seller is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.

  • Organization of Company The Company, a corporation duly organized, validly existing and in good standing under the laws of the State of Illinois and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

  • Organization, etc The Purchaser has been duly organized and is validly existing as a corporation in good standing under the laws of the State of Delaware, with corporate power and authority to execute and deliver this Agreement and to perform the terms and provisions hereof.

  • Formation of the Company The Company was formed as a limited liability company under the Act on April 24, 2008. The Member hereby agrees that the person executing and filing the Certificate of Formation of the Company was and is an “authorized person” within the meaning of the Act, and that the Certificate of Formation filed by such authorized person is the Certificate of Formation of the Company.

  • Organization and Status Purchaser (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its formation as set forth in the preamble to this Agreement, (b) is duly qualified, authorized to do business and in good standing in each other jurisdiction where the character of its properties or the nature of its activities makes such qualification necessary, and (c) has all requisite power and authority to own or hold under lease the property it purports to own or hold under lease and to carry on its business as now being conducted. Purchaser has made available to Seller complete and correct copies of the Organization Documents for Purchaser.

  • Reorganization of the Company The existence of this Award Agreement shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Restricted Stock or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

  • Organizational Existence Except as otherwise permitted by Section 3.6, each Credit Party will and will cause its Subsidiaries to at all times preserve and keep in full force and effect its organizational existence and all rights and franchises material to its business.

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