Common use of Organization, Power and Standing Clause in Contracts

Organization, Power and Standing. The Seller is duly organized, validly existing and in good standing under the laws of the State of Delaware. The Seller has the limited liability company power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the Contemplated Transactions.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (IES Holdings, Inc.)

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Organization, Power and Standing. The Seller is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware. The Seller , and has the all limited liability company power and authority to execute and deliver this Agreement, Agreement and each other Transaction Agreement and to perform its obligations hereunder and to consummate the Contemplated Transactionsthereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (IHS Markit Ltd.)

Organization, Power and Standing. The Seller is a limited partnership duly organized, validly existing and in good standing under the laws of the State of Delaware. The Seller , and is qualified to do business in each state in which it is now doing business, and has the limited liability company all requisite partnership power and authority to execute execute, deliver, and deliver perform this Agreement, to perform carry on the business of the respective Facilities as now conducted, to own, lease, or otherwise use its obligations hereunder respective Assets, and to consummate the Contemplated Transactionstransactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capital Senior Living Corp)

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Organization, Power and Standing. The Seller is an entity duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, with all requisite power and authority to own, operate or lease its assets and properties and to conduct its business as presently conducted by it. The Seller has the limited liability company corporate, power and authority to execute and deliver this Agreement, Agreement and the other documents and instruments to perform its obligations hereunder be executed and delivered by Seller pursuant hereto and to consummate carry out the Contemplated Transactionstransactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Adtalem Global Education Inc.)

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