Common use of Organization and Limited Partnership Authority Clause in Contracts

Organization and Limited Partnership Authority. The Buyer is duly formed, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands, and has all requisite limited partnership power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer, has been effectively authorized by all necessary action, limited partnership or otherwise, and constitutes legal, valid and binding obligations of the Buyer. No meeting has been convened or resolution proposed or petition presented and no order has been made to wind up the Buyer.

Appears in 34 contracts

Samples: Share Purchase Agreement (GasLog Ltd.), Share Purchase Agreement (Capital Product Partners L.P.), Share Purchase Agreement (Capital Product Partners L.P.)

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Organization and Limited Partnership Authority. The Buyer is duly formed, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands, and has all requisite limited partnership power and authority to enter into this Agreement and to consummate the transactions transaction contemplated hereby. This Agreement has been duly executed and delivered by the Buyer, has been effectively authorized by all necessary action, limited partnership or otherwise, and constitutes legal, valid and binding obligations of the Buyer. No meeting has been convened or resolution proposed or petition presented and no order has been made to wind up the Buyer.

Appears in 3 contracts

Samples: Share Purchase Agreement (Navios Maritime Midstream Partners LP), Form of Share Purchase Agreement (Navios Maritime Partners L.P.), Form of Share Purchase Agreement (Navios Maritime Partners L.P.)

Organization and Limited Partnership Authority. The Buyer is duly formed, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx The Mxxxxxxx Islands, and has all requisite limited partnership power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer, has been effectively authorized by all necessary action, limited partnership or otherwise, and constitutes legal, valid and binding obligations of the Buyer. No meeting has been convened or resolution proposed or petition presented and no order has been made to wind up the Buyer.

Appears in 1 contract

Samples: Form of Share Purchase Agreement (Capital Product Partners L.P.)

Organization and Limited Partnership Authority. The Buyer is duly formed, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Mxxxxxxx Islands, and has all requisite limited partnership power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Buyer, has been effectively authorized by all necessary action, limited partnership or otherwise, and constitutes legal, valid and binding obligations of the Buyer. No meeting has been convened or resolution proposed or petition presented and no order has been made to wind up the Buyer.

Appears in 1 contract

Samples: Share Purchase Agreement (Capital Product Partners L.P.)

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Organization and Limited Partnership Authority. The Buyer Seller is duly formed, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands, and has all requisite limited partnership power and authority to enter into this Agreement and to consummate the transactions transaction contemplated hereby. This Agreement has been duly executed and delivered by the BuyerSeller, has been effectively authorized by all necessary action, limited partnership or otherwise, and constitutes legal, valid and binding obligations of the BuyerSeller. No meeting has been convened or resolution proposed or petition presented and no order has been made to wind up the BuyerSeller.

Appears in 1 contract

Samples: Share Purchase Agreement (Navios Maritime Containers Inc.)

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