Organization, Power and Good Standing Sample Clauses

Organization, Power and Good Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has the corporate power and authority to own, lease and operate its properties and assets and to carry on its business as currently conducted. Buyer is duly qualified to do business as a foreign corporation in each jurisdiction in which such qualification is necessary under applicable law, except where the failure to be so qualified would not have a material adverse effect on Buyer.
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Organization, Power and Good Standing. Buyer is a corporation duly organized, validly existing and in good standing under the laws of the State of New York, and has all requisite power and authority to own or hold under lease its properties and assets and to carry on its business as now conducted.
Organization, Power and Good Standing. It is a limited liability company, duly organized, validly existing and in good standing under the laws of the state of its jurisdiction of organization and has the limited liability company power and authority to own, lease and operate its properties and assets and to carry on its business as currently conducted. It is duly qualified to do business as a foreign limited liability company in each jurisdiction in which such qualification is necessary under applicable law, except where the failure to be so qualified would not have a material adverse effect on such Seller.
Organization, Power and Good Standing. Cratos is a limited liability company, duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the limited liability company power and authority to own, lease and operate its properties and assets and to carry on its business as currently conducted. Cratos has made available true and correct copies of its Charter and Operating Agreement, each as amended to date and currently in effect. Cratos is duly qualified to do business as a foreign limited liability company in each jurisdiction in which such qualification is necessary under applicable law, except where the failure to be so qualified or licensed has not had a Material Adverse Effect.
Organization, Power and Good Standing. Such Seller is duly organized, validly existing and in good standing under the Laws of its state of formation and has all requisite entity power and authority to own, lease and operate its properties and to carry on its business as now conducted.
Organization, Power and Good Standing. The Fund is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Ohio, and has all requisite power and authority to carry on its business as now conducted.
Organization, Power and Good Standing. The Company is a corporation or limited liability company, as applicable, duly organized, validly existing and in good standing under the laws of the State of its incorporation as set forth on Schedule 4.1(a) and has the corporate or limited liability power and authority, as applicable, to own, operate or lease its properties and to carry on its business as currently conducted. The Company has made available true and correct copies of its Charter, By-laws and Operating Agreement, as applicable, each as amended to date and currently in effect. The Company is duly qualified to do business as a foreign corporation or foreign limited liability company, as applicable, in each jurisdiction in which such qualification is necessary under applicable law.
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Organization, Power and Good Standing. Each Member warrants that the Company is a limited liability company, duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and the Company has full limited liability and authority (i) to own or lease the assets and properties it purports to own or use, (ii) to conduct the business as it is now being conducted, and (iii) to carry out the other transactions and agreements contemplated by this Agreement. The Company has heretofore delivered to Advance America true and complete copies of its organizational documents as currently in effect.
Organization, Power and Good Standing. Buyer (i) is a corporation duly incorporated, validly existing and in good standing under the Laws of the State of Delaware and has all requisite power and authority to own, lease and operate its properties and assets and to carry on its business as presently conducted and (ii) is qualified to do business and is in good standing (with respect to jurisdictions that recognize the concept of good standing) as a foreign legal entity in each jurisdiction where the ownership, leasing or operation of its assets or properties or the conduct of its business as presently conducted requires such qualification, except where the failure to be so qualified, in good standing or to have such power or authority would not reasonably be expected to prevent or materially delay the Closing or prevent or materially delay or impair the ability of Buyer to perform its obligations under this Agreement.
Organization, Power and Good Standing. Third Capital is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Tennessee, and has all requisite power and authority to carry on its business as now conducted.
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