Transfer Representations and Warranties. [The Class B Member] is a [ ] duly organized, validly existing and in good standing under the laws of [ ] and has all requisite [ ] power and authority to reconvey the Class B Membership Interests as contemplated by the Agreement.
Transfer Representations and Warranties. (a) [The Class A Member] is a [—] duly organized, validly existing and in good standing under the laws of [—] and has all requisite [—] power and authority to reconvey the Class A Membership Interests as contemplated by the Agreement.
