Common use of Valid Existence; Power and Authority Clause in Contracts

Valid Existence; Power and Authority. The Seller (i) is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; and (ii) has all requisite power, authority and licenses to conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.

Valid Existence; Power and Authority. The Seller (iA) is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; (B) is duly qualified to conduct business and is in good standing in each other jurisdiction where its ownership or lease of property or the conduct of its business requires such qualification and where the failure to be so qualified or in good standing would have a Material Adverse Effect; and (iiC) has all requisite power, power and authority and licenses to conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.

Valid Existence; Power and Authority. The Seller (i) is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; and (ii) has all requisite power, power and authority and licenses to conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.

Valid Existence; Power and Authority. The Seller (i) is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization; and (ii) has all requisite power, authority and licenses to Loan Purchase and Sale Agreement conduct its business, to own its properties and to execute, deliver and perform its obligations under this Agreement.