Organization; Ownership Interests. (i) Each of Wolverine, W/Investments, and Seller is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation or other formation, is duly qualified to do business and in good standing in each other jurisdiction in which it conducts business where its failure to do so would materially adversely affect its operations, and has all requisite power and authority to own, lease and operate the assets used in its business, to carry on its business as presently conducted, to enter into this Agreement and the other Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder, and to consummate the transactions contemplated by this Agreement and the other Transaction Documents. Attached as Schedule 4(b) are correct and complete copies of the Organization Instruments of Wolverine, Seller, and W/Investments, respectively, as in effect on the Closing Date.
Organization; Ownership Interests. (i) Each of Wolverine and W/Investments is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation or other formation, is duly qualified to do business and in good standing in each other jurisdiction in which it conducts business where its failure to do so would materially adversely affect its operations, and has all requisite power and authority to own, lease and operate the assets used in its business, to carry on its business as presently conducted, to enter into this Agreement and the other Accelerated Purchase Transaction Documents to which it is a party, to perform its obligations hereunder and thereunder, and to consummate the transactions contemplated by this Agreement and the other Accelerated Purchase Transaction Documents. Attached as Schedule 4(b) are correct and complete copies of the Organization Instruments of Wolverine and W/Investments, respectively, as in effect on the Accelerated Purchase Closing Date.
Organization; Ownership Interests. (i) The Purchaser is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation or other formation, is duly qualified to do business and in good standing in each other jurisdiction in which it conducts business where its failure to do so would materially adversely affect its operations, has all requisite corporate power and authority to own, lease and operate the assets used in its business, to carry on its business as presently conducted, to enter into this Agreement and the other Accelerated Purchase Transaction Documents, to perform its obligations hereunder and thereunder, and to consummate the transactions contemplated by this Agreement and the other Accelerated Purchase Transaction Documents. Attached as Schedule 6(a) are correct and complete copies of the Organization Instruments of Purchaser, as in effect on the date of this Agreement.
