Organization; Requisite Power and Authority. Company (a) is, together with each Subsidiary, validly existing and in good standing under the laws of the State of Delaware or other applicable jurisdiction of organization or formation, as the case may be, and (b) has all requisite power and authority, and is duly authorized, to enter into this Agreement and to carry out the transactions contemplated hereby.
Appears in 4 contracts
Samples: Shared Services Agreement (Constellation Energy Partners LLC), Shared Services Agreement, Shared Services Agreement (Sanchez Production Partners LP)
Organization; Requisite Power and Authority. Company (ai) is, together with each Subsidiary, is validly existing and in good standing under the laws of the State of Delaware or other applicable jurisdiction of organization or formation, as the case may be, and (bii) has all requisite power and authority, and is duly authorized, to enter into this License Agreement and to carry out the transactions contemplated hereby.
Appears in 2 contracts
Samples: License Agreement (Sanchez Midstream Partners LP), License Agreement (Constellation Energy Partners LLC)