Common use of Organization, Power and Standing Clause in Contracts

Organization, Power and Standing. The Company is a limited liability company duly organized, 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 to carry on its business (either directly or through its Subsidiaries) as currently conducted (the “Business”).

Organization, Power and Standing. The Company is a limited liability company duly organized, corporation validly existing and in good standing under the laws of the State of Delaware, and . The Company has all requisite full corporate power and authority to own, lease and operate its properties and to carry on its business as it is now conducted. The copies of the Charter and the Company’s by-laws (either directly or through its Subsidiaries) each as currently conducted (amended to date, the “BusinessCompany Charter Documents”)) that have been Made Available to the Buyer are complete and correct.

Organization, Power and Standing. The Company is a limited liability company corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite necessary corporate power and authority (i) to ownenter into this Agreement, to carry out its obligations hereunder and to consummate the transactions contemplated hereby and (ii) to own lease and operate its properties and to carry on its business (either directly as presently owned, leased, operated or through its Subsidiaries) as currently conducted (the “Business”)conducted.

Organization, Power and Standing. The Company is a limited liability company corporation duly organized, 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 to carry on its business (either directly or through its Subsidiaries) as currently conducted (the “Business”).

Organization, Power and Standing. The Company is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and . The Company has all requisite full corporate power and authority to own, lease and operate its properties and to carry on its business (either directly or through its Subsidiaries) as currently conducted such business is now conducted. The copies of the Certificate of Incorporation and Bylaws of the Company, each as amended to date (the “Business”)"Company Charter Documents") that have been delivered to the Buyer by the Sellers are complete and correct copies thereof.

Organization, Power and Standing. The Company is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with all requisite corporate power and authority to own, lease and operate its properties and to carry on its business (either directly or through its Subsidiaries) as currently conducted the Business. The copies of the Articles of Incorporation and by-laws of the Company (the “Business”)"ORGANIZATIONAL DOCUMENTS") delivered to the Purchaser are true, complete and correct in all respects.

Organization, Power and Standing. The Company is a limited liability company corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has with all requisite power and authority (corporate and otherwise) to own, lease and operate its properties and to carry on its the business (either directly or through its Subsidiaries) of wine and ready to drink mixed cocktails distribution as currently conducted by the Company (collectively, the “Business”).