Common use of Standing Clause in Contracts

Standing. Such party is duly organized, validly existing and in good standing under the laws of the state of formation and such other states as may be required for this transaction, and has all requisite power and authority to consummate the transactions contemplated hereunder.

Appears in 11 contracts

Sources: Management and Operational Services Agreement (Blackhawk Biofuels, LLC), Management and Operational Services Agreement (Iowa Renewable Energy, LLC), Management and Operational Services Agreement (Blackhawk Biofuels, LLC)

Standing. Such party Party is duly organized, validly existing and in good standing under the laws of the state of formation and such other states as may be required for this transaction, and has all requisite power and authority to consummate the transactions contemplated hereunder.

Appears in 1 contract

Sources: Funding, Investor Fee and Put/Call Agreement (Renewable Energy Group, Inc.)