Common use of Formation; Existence Clause in Contracts

Formation; Existence. The Buyer is a limited liability company, duly formed, validly existing and in good standing under the Laws of the jurisdiction of its formation.

Appears in 5 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Colony Financial, Inc.), Asset Purchase Agreement (Colony Financial, Inc.)

Formation; Existence. The Buyer is a limited liability company, duly formed, validly existing and in good standing under the Laws of the jurisdiction of its formation.

Appears in 1 contract

Sources: Share Purchase Agreement (Colony Capital, Inc.)