Common use of Status of Certain Sellers Clause in Contracts

Status of Certain Sellers. Each Seller that is an entity is an entity duly created, formed or organized, validly existing under the Laws of the jurisdiction of its creation, formation, or organization.

Status of Certain Sellers. Each Such Seller that is an entity is an entity duly created, formed or organized, validly existing existing, and in good standing under the Laws of the jurisdiction of its creation, formation, or organization. There is no pending or, to the actual knowledge of such Seller, threatened Action for the dissolution, liquidation, insolvency, or rehabilitation of any such Seller.

Status of Certain Sellers. Each Seller that is an entity is an entity duly created, formed or organized, validly existing existing, and in good standing under the Laws of the jurisdiction of its creation, formation, or organization. There is no pending or, to each Seller's Knowledge, Threatened, Action (or Basis therefor) for the dissolution, liquidation, insolvency, or rehabilitation of any Seller.

Status of Certain Sellers. Each Seller that is an entity is an entity duly created, formed or organized, validly existing and in good standing under the Laws laws of the jurisdiction of its creation, formationformation or organization. There is no pending or Threatened Action for the dissolution, liquidation, insolvency, or organizationrehabilitation of any Seller.

Status of Certain Sellers. Each Seller that is an entity is an entity duly createdincorporated, formed or organized, validly existing existing, and in good standing under the Laws of the jurisdiction of its creationincorporation, formation, or organizationorganization There is no pending or, to the Knowledge of such Seller, Threatened, Action (or Basis therefor) for the dissolution, liquidation, insolvency, or rehabilitation of such Seller.