Existence, Power and Authority. Buyer is a general partnership duly formed and validly existing under the laws of California, and has the power and authority to enter into this Agreement and to consummate the transactions contemplated hereby and thereby.
Appears in 3 contracts
Samples: Container Purchase Agreement (PLM Equipment Growth & Income Fund Vii), Container Purchase Agreement (PLM Equipment Growth Fund Vi), Container Purchase Agreement (Professional Lease Management Income Fund I LLC)
Existence, Power and Authority. Buyer is a general partnership limited liability company, duly formed and organized, validly existing and in good standing under the laws of California, the State of California and has the power and all requisite authority to enter into this Agreement and to consummate the transactions contemplated hereby and therebyhereby.
Appears in 2 contracts
Samples: Asset Sale Agreement (Cronos Global Income Fund Xv Lp), Asset Sale Agreement (Cronos Global Income Fund Xvi Lp)