Common use of Status and Authority of Seller Clause in Contracts

Status and Authority of Seller. Seller is a ------------------------------ corporation duly organized, validly existing and in corporate good standing under the laws of its state of incorporation, and has all requisite power and authority under the laws of such state and its respective charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Seller has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification, except where failure to do so could not reasonably be expected to have a material adverse effect.

Status and Authority of Seller. Seller is a ------------------------------ corporation limited partnership or limited liability company duly organized, validly existing and in corporate good standing under the laws of its state of incorporationorganization, and has all requisite power and authority under the laws of such state and its respective charter organizational documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Seller has is duly qualified to transact business and is in each jurisdiction good standing in the state in which the nature of the business conducted by it requires such qualification, except where failure to do so could not reasonably be expected to have a material adverse effectits Property is located.

Status and Authority of Seller. Seller is a corporation ------------------------------ corporation duly organized, validly existing and in corporate good standing under the laws of its state of incorporation, and has all requisite power and authority under the laws of such state and its respective charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Seller has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification, except where failure to do so could not reasonably be expected to have a material adverse effect.

Status and Authority of Seller. Seller is a ------------------------------ corporation duly organized, validly existing and in corporate good standing under the laws of its state of incorporation, and has all requisite power and authority under the laws of such state and its respective charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Seller has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification, except where failure to do so could not reasonably be expected to have a material adverse effect.