Duly Formed Sample Clauses

Duly Formed. The Partnership is a duly formed and validly existing limited partnership under the ELP Law, with all necessary power and authority under the ELP Law to issue the Interests to be issued to the Partners hereunder.
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Duly Formed. All action of the Company necessary to authorize the effectiveness of this Agreement has been taken. The Company has been duly formed and is validly existing limited liability company under the Act, with all necessary power and authority under the Act to issue the Interests issued to the Members hereunder.
Duly Formed. The Company is a duly formed and validly existing Cayman Islands limited liability company under the Act, with all necessary power and authority under the Act to issue the Units to be issued to the Members hereunder.
Duly Formed. The Company was duly converted from a corporation, duly formed as a limited liability company and is a validly existing limited liability company under the Act, with all necessary power and authority under the Act to issue the Interests to be issued to the Members hereunder. All action of the Company necessary to authorize the effectiveness of this Agreement has been taken.
Duly Formed. The Company is duly formed, validly existing and in good standing under the laws of the State of [ ].
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