Common use of Seller’s Existence Clause in Contracts

Seller’s Existence. Seller is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware, and has full legal power, right and authority to carry on its business as such is now being conducted and as contemplated to be conducted.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Legacy Reserves Lp), Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

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Seller’s Existence. Seller is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware, and has full legal power, right and authority to carry on its business as such is now being conducted and as contemplated to be conducted.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (SandRidge Permian Trust), Purchase and Sale Agreement (SandRidge Mississippian Trust I)

Seller’s Existence. Seller is a limited liability company corporation, duly formedorganized, validly existing and in good standing under the laws Laws of the State of DelawareDelaware and is duly qualified to conduct business, and is in good standing, in each jurisdiction in which the Assets make such qualification necessary. Seller has full legal power, right and authority to carry on its business as such is now being conducted and as contemplated to be conducted. Seller’s headquarters and principal offices are all located in the State of California.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (BreitBurn Energy Partners L.P.), Purchase and Sale Agreement (NiMin Energy Corp.)

Seller’s Existence. Seller is a limited liability company corporation duly formed, validly existing and in good standing under the laws Laws of the State of Delaware, and has full legal power, right and authority to carry on its business as such is now being conducted and as contemplated to be conducted. Seller is qualified to do business and in good standing in the State of Wyoming.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resolute Energy Corp)

Seller’s Existence. Seller is a limited liability company duly formed, validly existing and in good standing under the laws Laws of the State of Delaware, and has full legal power, right and authority to carry on its business as such is now being conducted and as contemplated to be conducted. Seller is qualified to do business and in good standing in the State of New Mexico.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resolute Energy Corp)

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Seller’s Existence. Seller is a limited liability company duly formed, organized and validly existing and in good standing under limited partnership pursuant to the laws of the State of Delaware, Delaware and has full legal power, right power to enter into and authority perform this Agreement and to carry on its business as such is now being conducted and as contemplated to be conducted.perform the obligations described herein;

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hartman Short Term Income Properties XX, Inc.)

Seller’s Existence. Seller is a limited liability company duly formed, validly existing and in good standing under the laws Laws of the State of Delaware, and has full legal power, right and authority to carry on its business as such is now being conducted and as contemplated to be conducted. Seller is qualified to do business and in good standing in the State of Texas.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Resolute Energy Corp)

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