Common use of Existence, Power and Authority Clause in Contracts

Existence, Power and Authority. Seller is a limited partnership, duly organized and validly existing under the laws of the jurisdiction of its organization, and has all requisite partnership authority to enter into this Agreement, the Bxxx of Sale, and to consummate the transactions contemplated hereby and thereby; and CCC is a corporation validly existing and in good standing under the laws of California, and, as its general partner, has the full authority to bind Seller to this Agreement by execution hereof on its behalf.

Appears in 3 contracts

Samples: Container Purchase Agreement (Iea Income Fund X Lp), Container Purchase Agreement (Iea Income Fund Ix L P), Container Purchase Agreement (Iea Income Fund Viii)

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Existence, Power and Authority. Seller is a limited partnership, duly organized and validly existing under the laws of the jurisdiction State of its organizationCalifornia, and has all requisite partnership authority to enter into this Agreement, the Bxxx of Sale, Transaction Documents and to consummate the transactions contemplated hereby and thereby; and CCC is a corporation validly existing and in good standing under the laws of the State of California, and, as its general partner, has the full authority to bind Seller to this Agreement by execution hereof on its behalf.

Appears in 3 contracts

Samples: Container Purchase Agreement (Iea Income Fund Ix L P), Container Purchase Agreement (Iea Income Fund X Lp), Container Purchase Agreement (Iea Income Fund Viii)

Existence, Power and Authority. Seller is a limited partnership, duly organized and validly existing under the laws of the jurisdiction of its organizationCalifornia, and has all requisite partnership authority to enter into this Agreement, the Bxxx of Sale, and to consummate the transactions contemplated hereby and thereby; and CCC is a corporation validly existing and in good standing under the laws of California, and, as its general partner, has the full authority to bind Seller to this Agreement by execution hereof on its behalf.

Appears in 2 contracts

Samples: Container Purchase Agreement (Iea Income Fund Xii Lp), Container Purchase Agreement (Iea Income Fund Xi Lp)

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Existence, Power and Authority. Seller is a limited partnership, duly organized and validly existing under the laws of the jurisdiction of its organizationCalifornia, and has all requisite partnership authority to enter into this Agreement, Agreement and the Bxxx Xxxx of Sale, and to consummate the transactions contemplated hereby and thereby; and CCC is a corporation validly existing and in good standing under the laws of California, and, as its Seller’s general partner, has the full right, power, and authority to bind Seller to this Agreement by the execution hereof on its Seller’s behalf.

Appears in 1 contract

Samples: Container Purchase Agreement (Cronos Global Income Fund Xiv L P)

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