Organization; Ownership. The Purchaser is a limited partnership, duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite limited partnership power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.
Organization; Ownership. Such Purchaser is duly organized, validly existing and in good standing under the laws of its jurisdiction of formation or incorporation and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.
Organization; Ownership. The Investor is an entity duly organized, validly existing and in good standing under the laws of the Republic of Liberia and is wholly owned by Pxxxxx Xxxxxxxxxxxx.
Organization; Ownership. Each of Purchaser and Merger Sub is a duly organized limited liability company, validly existing and in good standing under the laws of the State of Delaware and has the power and authority to perform this Agreement.
Organization; Ownership. The Bank is a bank chartered under the laws of the State of California and is authorized to conduct its business as presently conducted (including the Merchant Business) under those laws and all other applicable laws. Parent is a corporation organized under the laws of the State of California and is authorized to conduct its business as presently conducted under those laws and other applicable laws. Parent owns one hundred percent (100%) of the issued and outstanding shares of capital stock of the Bank, and the Bank is the only subsidiary or affiliate of Parent that conducts banking business.
Organization; Ownership. ESL Partners, L.P. is a Delaware limited partnership and is duly organized, validly existing and in good standing under the laws of Delaware and has all requisite power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.
Organization; Ownership. (a) Seller is a New York corporation duly incorporated, validly existing and in good standing under the laws of New York. Seller (i) has the full corporate power and authority to own and operate the Assets and carry on the operations of the Business as such operations are now being conducted, (ii) is duly qualified to do business and is in good standing, and is duly licensed, authorized or qualified to transact business in each jurisdiction in which the ownership or lease of real property or the conduct of its business requires it to be so qualified, and (iii) has all government licenses, permits, approvals and other authorizations necessary to own its properties and assets and carry on the Business as it is now being conducted.
Organization; Ownership. (a) Each of the Sellers is a limited liability company duly organized, validly existing, and in good standing under the Laws of the State of Delaware and has all requisite power and authority to own, lease and operate its properties, including the Transferred Assets, and to conduct the Business as now conducted. Except as would not reasonably be expected to have a Material Adverse Effect, each of the Sellers is qualified to do business and is in good standing in each of the jurisdictions listed on Schedule 4.1(a) of the Disclosure Schedule for such Seller, which constitute each of the jurisdictions in which it is transacting the Business or in which the operation, ownership or leasing of its properties related to the Business make such qualification necessary.
Organization; Ownership. The Seller is a limited partnership, duly organized, validly existing and in good standing under the laws of Delaware and has all requisite limited partnership power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.
Organization; Ownership. The Purchaser is a Singapore private company limited by shares, duly organized, validly existing and in good standing under the laws of Singapore and has all requisite corporate or other applicable power and authority to own, operate and lease its properties and to carry on its business as it is being conducted on the date of this Agreement.
