Common use of Existence and Qualification Clause in Contracts

Existence and Qualification. Purchaser is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware and has the requisite limited liability company power to own, lease and otherwise hold and operate its properties and other assets and to carry on its business as it is now being conducted. Purchaser is duly qualified to do business, and is in good standing, in each jurisdiction in which the assets owned or leased by it makes such qualification necessary.

Existence and Qualification. Purchaser is a limited liability company duly formedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite limited liability company power to own, lease and otherwise hold and operate its properties and other assets and to carry on its business as it is now being conducted. Purchaser is duly qualified to do business, and is in good standing, in each jurisdiction in which the assets owned or leased by it makes such qualification necessaryDelaware.

Existence and Qualification. The Purchaser is a limited liability company duly formedorganized, validly existing and in good standing under the laws of the State of Delaware and has the requisite limited liability company power to own, lease and otherwise hold and operate its properties and other assets and to carry on its business as it is now being conductedDelaware. The Purchaser is duly qualified to do business, business and is in good standing, standing as a foreign limited liability company in each jurisdiction where it is required to so qualify or be in which the assets owned or leased by it makes such qualification necessarygood standing as a foreign limited liability company.

Existence and Qualification. Purchaser is a limited liability company duly formedorganized, validly existing and in good standing under the laws Laws of the State of Delaware Delaware, and has except where failure to do so would not reasonably be expected to prevent or materially delay the requisite limited liability company power consummation of the transactions contemplated by the Transaction Documents or materially impair Purchaser’s ability to ownperform its obligations under the Transaction Documents, lease is duly qualified and otherwise hold and operate its properties and other assets and in good standing to carry on its business as in states where the Assets are located and those other states where it is now being conducted. Purchaser is duly qualified required to do business, and is in good standing, in each jurisdiction in which the assets owned or leased by it makes such qualification necessarybe so qualified.