Common use of Existence Clause in Contracts

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.

Appears in 36 contracts

Samples: Class a Preferred Unit Purchase Agreement (Sanchez Production Partners LP), Preferred Unit Purchase Agreement (Stonemor Partners Lp), Purchase Agreement (Contango Oil & Gas Co)

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Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties own, lease, use and operate its Properties and to conduct its business as currently conducted.

Appears in 35 contracts

Samples: Common Stock Subscription Agreement (Goodrich Petroleum Corp), Common Stock Subscription Agreement (Strategabiz, Inc.), Series D Preferred Unit and Warrant (Teekay Offshore Partners L.P.)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own own, lease, use and operate its properties and to conduct its business as currently conducted, except where the failure to have such power or authority would not prevent the consummation of the transactions contemplated by this Agreement and the Registration Rights Agreement.

Appears in 12 contracts

Samples: Common Unit Purchase Agreement (Sunoco LP), Common Unit Purchase Agreement (Rice Midstream Partners LP), Common Unit Purchase Agreement (Rice Midstream Partners LP)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of organization or formation, with all necessary power and authority to own and operate its properties and to conduct its business as currently conducted.

Appears in 7 contracts

Samples: Share Purchase Agreement (Columbus McKinnon Corp), Share Purchase Agreement (Strategic Value Partners, LLC), Securities Purchase Agreement

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.

Appears in 7 contracts

Samples: Series a Preferred Stock (Charah Solutions, Inc.), Series a Convertible Preferred Unit (Southcross Energy Partners, L.P.), Convertible Preferred Unit (Crosstex Energy Lp)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.

Appears in 7 contracts

Samples: Series a Preferred Unit and Common Unit Purchase Agreement, Redeemable Preferred Stock Purchase Agreement (Rosehill Resources Inc.), Registration Rights Agreement (Dominion Midstream Partners, LP)

Existence. Such Purchaser (a) is an entity duly organized and organized, validly existing and in good standing standing, as applicable, under the laws of its state jurisdiction of formation, with organization and (b) has all requisite power necessary power and authority to own properties its assets and to conduct carry on its business as currently its business is now being conducted.

Appears in 6 contracts

Samples: Common Unit Purchase Agreement (Plains All American Pipeline Lp), Common Unit Purchase Agreement (Plains All American Pipeline Lp), Common Stock Purchase Agreement (Mfri Inc)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.

Appears in 4 contracts

Samples: Class B Convertible Preferred Unit Subscription Agreement (Capital Product Partners L.P.), Class B Convertible Preferred Unit Subscription Agreement (Capital Product Partners L.P.), Class B Convertible Preferred Unit Subscription Agreement (Capital Product Partners L.P.)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties own, lease, use and operate its Properties and to conduct its business as currently conducted.

Appears in 3 contracts

Samples: Unit Purchase Agreement (Buckeye Partners, L.P.), Purchase Agreement (Goodrich Petroleum Corp), Unit Purchase Agreement (Buckeye Partners, L.P.)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state of formation, with all necessary power and authority to own properties Properties and to conduct its business as currently conducted.

Appears in 3 contracts

Samples: Exchange Agreement (Charah Solutions, Inc.), Registration Rights Agreement (Black Stone Minerals, L.P.), Series a Preferred Unit Purchase Agreement (Cypress Energy Partners, L.P.)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws of its state of formation, with all necessary limited liability company power and authority to own properties and to conduct its business as currently conducted.

Appears in 3 contracts

Samples: Share Purchase Agreement (AmeriCann, Inc.), Share Purchase Agreement (AmeriCann, Inc.), Share Purchase Agreement (AmeriCann, Inc.)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties own, lease, use and operate its Properties and to conduct its business as currently conducted, except as would not prevent the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Equity Purchase Agreement (NextEra Energy Partners, LP), Equity Purchase Agreement

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws of its state of formationincorporation, with all necessary corporate power and authority to own its properties and to conduct its business as currently conducted.

Appears in 2 contracts

Samples: Series 1 Preferred Unit (Enbridge Energy Partners Lp), Purchase Agreement

Existence. Such Each Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.

Appears in 2 contracts

Samples: Purchase Agreement (NuStar Energy L.P.), Cumulative Convertible Preferred Unit Purchase Agreement (Enterprise Products Partners L.P.)

Existence. Such Purchaser is an entity duly organized and organized, validly existing and in good standing under the laws of its the state of formation, with all necessary power and authority to own properties and to conduct its business as currently conductedorganization.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Greka Energy Corp), Note Purchase Agreement (Greka Energy Corp)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws of its state of formation, with all necessary power and authority to own its properties and to conduct its business as currently conducted.

Appears in 2 contracts

Samples: Purchase Agreement (Magellan Midstream Holdings Lp), Purchase Agreement (Magellan Midstream Partners Lp)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted, except in each case as would not prevent the consummation by such Purchaser of the transactions contemplated by the Transaction Documents.

Appears in 2 contracts

Samples: Preferred Unit Purchase Agreement, Purchase Agreement (CSI Compressco LP)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties its assets and to conduct its business as currently conducted, except as would not prevent the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Purchase and Exchange Agreement (Benefit Street Partners Realty Trust, Inc.), Exchange Agreement (Franklin BSP Realty Trust, Inc.)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties its assets and to conduct its business as currently conducted, except as would not prevent the consummation of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement (Benefit Street Partners Realty Trust, Inc.), Purchase Agreement (Benefit Street Partners Realty Trust, Inc.)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of organization or formation, with all necessary power and authority to own properties or lease its assets and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Securities Purchase Agreement (Velocity Financial, Inc.)

Existence. Such Purchaser (i) is duly organized and organized, validly existing and in good standing under the laws Laws of its state respective jurisdiction of formation, with organization and (ii) has all necessary requisite power and authority to own properties its Properties and to conduct carry on its business as currently conducted.

Appears in 1 contract

Samples: Note Purchase Agreement (SYNERGY RESOURCES Corp)

Existence. Such Purchaser is duly organized and organized, validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary full power and authority to own own, lease, use and operate its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Convertible Preferred Unit Purchase Agreement (EQM Midstream Partners, LP)

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Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Share Purchase Agreement (Flawless Management Inc.)

Existence. Such Purchaser is duly organized and or incorporated, validly existing and in good standing (to the extent such concept exists) under the laws of the jurisdiction of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conductedorganization or incorporation.

Appears in 1 contract

Samples: Securities Purchase Agreement (Evolent Health, Inc.)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own properties and to conduct its business as currently conductedconducted and to consummate the transactions contemplated by the Operative Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (McDermott International Inc)

Existence. Such The Purchaser is duly organized and organized, validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary full power and authority to own own, lease, use and operate its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Convertible Preferred Unit Purchase Agreement (EnLink Midstream Partners, LP)

Existence. Such Purchaser is an entity duly organized and organized, validly existing and in good standing under the laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conductedorganization.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Westmoreland Coal Co)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of organization or formation, with all necessary power and authority to own properties or lease its assets and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Securities Purchase Agreement (FreightCar America, Inc.)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite power and authority to own own, lease, use and operate its properties and to conduct its business as currently conducted, except where the failure to have such power or authority would not prevent the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Common Unit Purchase Agreement (Crestwood Equity Partners LP)

Existence. Such Purchaser is duly organized or formed, and is validly existing and in good standing under the laws Laws of its state of organization or formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.necessary

Appears in 1 contract

Samples: Build Out Agreement (NextEra Energy Partners, LP)

Existence. Such Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of formationorganization, with all necessary requisite corporate, limited liability company or partnership power and authority authority, as applicable, to own properties own, lease, use and operate its Properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Series B Unit Purchase Agreement (American Midstream Partners, LP)

Existence. Such Purchaser is duly organized and organized, validly existing and in good standing under the laws Laws of its state respective jurisdiction of formation, organization with all necessary full power and authority to own properties or lease and to operate its Properties owned or leased and to conduct its the business as currently conductedin which it is engaged.

Appears in 1 contract

Samples: Unit Purchase Agreement (Arc Logistics Partners LP)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state of formation, with all necessary power and authority to own properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Registration Rights Agreement (Akumin Inc.)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws of the jurisdiction of its state of formation, with all necessary and has full power and authority to own properties purchase the Shares being sold by the Sellers and to conduct enter into and perform its business as currently conductedobligations under this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (General Atlantic LLC)

Existence. Such The Purchaser is duly organized and organized, validly existing and in good standing under the laws Laws of its state jurisdiction of formation, organization with all necessary full power and authority to own properties or lease and to operate its Properties owned or leased and to conduct its the business as currently conductedin which it is engaged.

Appears in 1 contract

Samples: Share Purchase Agreement (Abengoa Yield PLC)

Existence. Such The Purchaser is duly organized and validly existing and in good standing under the laws Laws of its state jurisdiction of organization or formation, with all necessary power and authority to own and operate its properties and to conduct its business as currently conducted.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nn Inc)

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