Common use of REPRESENTATIONS AND WARRANTIES OF EACH PARTNER Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF EACH PARTNER. Each Partner represents and warrants to the Partnership and each other Partner as follows: (a) If such Partner is a corporation, it is duly organized, validly existing and in good standing under the law of the state of its incorporation. Table of Contents (b) If such Partner is a partnership, limited liability company or other entity, it is duly formed, validly existing, and (if applicable) in good standing under the law of the state of its formation.

REPRESENTATIONS AND WARRANTIES OF EACH PARTNER. Each Partner represents and warrants to the Partnership and each other Partner as follows: (a) If such Partner is a corporation, it is duly organized, validly existing and in good standing under the law of the state of its incorporation. Table of Contents. (b) If such Partner is a partnership, limited liability company or other entity, it is duly formed, validly existing, and (if applicable) in good standing under the law of the state of its formation.