Formation and Standing. The Company is duly formed and validly existing as a limited liability company under the laws of the State of Delaware and, subject to applicable law, has all requisite limited liability company power and authority to carry on its business as proposed to be conducted in the Company Agreement.
Appears in 3 contracts
Sources: Subscription Agreement (Petro River Oil Corp.), Subscription Agreement (Petro River Oil Corp.), Subscription Agreement (Petro River Oil Corp.)