Valid Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and is duly qualified or licensed to do business in all states where it is necessary and required to be so qualified or licensed in order to perform the obligations and effect the transactions contemplated by this Purchase Agreement.
Appears in 4 contracts
Samples: Purchase Agreement, Purchase Agreement (PBF Logistics LP), Purchase Agreement (PBF Logistics LP)
Valid Organization. Buyer is a limited liability company duly organizedpartnership, validly existing and in good standing under the laws of the State of Delaware, and is duly qualified or licensed to do business in all states where it is necessary and required to be so qualified or licensed in order to perform the obligations and effect the transactions contemplated by this Purchase Agreement, except where the failure to be so qualified or licensed would not reasonably be expected to cause a Material Adverse Effect.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (DCP Midstream Partners, LP), Purchase and Sale Agreement (DCP Midstream Partners, LP)
Valid Organization. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware, and . Buyer is duly qualified or licensed to do business in all states where it is necessary and required to be so qualified or licensed in order to perform the obligations and effect the transactions contemplated by this Purchase Agreement.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (American Midstream Partners, LP), Purchase and Sale Agreement
