Common use of Seller Existence and Power Clause in Contracts

Seller Existence and Power. The Seller is duly organized, validly existing and in good standing under the laws of the state of its organization. The Seller is qualified to do business and is in good standing in each jurisdiction where such qualification is necessary, except where the failure to so qualify would not reasonably be expected to have a Material Adverse Effect. WTGS TV or the LIN Companies, as applicable, have the requisite power and authority to own and hold the Station Assets and to operate the Station as currently operated.

Seller Existence and Power. The Seller is duly organized, validly existing and in good standing under the laws of the state of its organization. The Seller is qualified to do business and is in good standing in each jurisdiction where such qualification is necessary, except where the failure to so qualify would not reasonably be expected to have a Material Adverse Effect. WTGS TV or the LIN Companies, as applicable, have The Seller has the requisite power and authority to own and hold the Station Assets and to operate the Station as currently operated.

Seller Existence and Power. The Seller is duly organized, validly existing and in good standing under the laws of the state of its organization. The Seller is qualified to do business and is in good standing in each jurisdiction where such qualification is necessary, except where the failure to so qualify would not reasonably be expected to have a Material Adverse Effect. WTGS TV or Immediately following the LIN CompaniesMerger Closing, as applicable, the Seller shall have the requisite power and authority to own and hold the Station Assets and to operate the Station Stations as currently operated.

Seller Existence and Power. The Seller is duly organized, validly existing and in good standing under the laws of the state of its organization. The Seller is qualified to do business and is in good standing in each jurisdiction where such qualification is necessary, except where the failure to so qualify would not reasonably be expected to have a Material Adverse Effect. WTGS TV or Immediately following the LIN CompaniesXxxxxxxxxx Closing, as applicable, Seller shall have the requisite power and authority to own and hold the Station Assets and to operate the Station as currently operated.