Common use of Due Organization and Power Clause in Contracts

Due Organization and Power. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite limited liability company power and authority to own, operate and lease its assets, to carry on its business as and where such is currently conducted, to execute and deliver this Agreement and the Ancillary Documents to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Sublease Agreement (H&E Equipment Services, Inc.)

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Due Organization and Power. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite limited liability company power power, legal right and authority to own, operate and lease its assets, to carry on its business as and where such is currently conducted, to execute and deliver enter into this Agreement and the Ancillary Documents other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Unit Purchase Agreement (Sparton Corp)

Due Organization and Power. Buyer is a limited liability company duly organized, organized and validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite limited liability company power power, legal right and authority to own, operate and lease its assets, to carry on its business as and where such is currently conducted, to execute and deliver enter into this Agreement and the Ancillary Documents other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (GAIN Capital Holdings, Inc.)

Due Organization and Power. The Buyer is a limited liability company duly organized, formed and validly existing and in good standing under the laws of the State of Delaware. The Buyer has all requisite limited liability company power and authority to own, operate and lease its assets, to carry on its business as and where such is currently conducted, to execute and deliver enter into this Agreement and the Ancillary Documents other documents and instruments to be executed and delivered by the Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Terminal and Wholesale Fuelsasset Purchase Agreement (Sprague Resources LP)

Due Organization and Power. Buyer is a limited liability company duly organized, validly existing and in good standing formed under the laws Laws of the State of Delaware. Buyer Delaware and has all the requisite limited liability company power and authority to ownconduct its business. Buyer is duly qualified to do business in each jurisdiction where the conduct of the business of Buyer requires such qualification, operate and lease its assets, to carry on its business as and except in such jurisdictions where such is currently conducted, to execute and deliver this Agreement and the Ancillary Documents failure to be executed and delivered by Buyer pursuant hereto and so qualified would not reasonably be expected to carry out prevent, or result in any delay in the consummation of, the transactions contemplated hereby and therebyhereby.

Appears in 1 contract

Samples: Equity Purchase Agreement (Specialty Building Products, Inc.)

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Due Organization and Power. Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. Buyer has all requisite limited liability company power and authority to own, operate and lease its assets, to carry on its business as and where such is currently conducted, to execute and deliver this Agreement and the Ancillary Documents other documents and instruments to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Douglas Dynamics, Inc)

Due Organization and Power. Buyer is a limited liability company duly organizedformed, validly existing and in good standing standing, under the laws of the State of Delaware. Buyer has all the requisite limited liability company corporate power and authority to own, operate and lease its assets, to carry on its business as and where such is currently conducted, to execute and deliver this Agreement and the Ancillary Documents to be executed and delivered by Buyer pursuant hereto and to carry out the transactions contemplated hereby business in which it is engaged and therebyto own and use the properties owned and used by it.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Midstream Partners, LP)

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