Common use of Formation and Qualification Clause in Contracts

Formation and Qualification. Each of the Partnership, the General Partner and the Material Subsidiaries has been duly formed or organized, as the case may be, and is validly existing as a limited partnership or limited liability company, as applicable, and is in good standing under the laws of its respective jurisdiction of formation or organization with full power and authority necessary to own or lease its properties and to conduct its business, in each case, as described in the Prospectus, in all material respects.

Appears in 6 contracts

Samples: Terms Agreement (Targa Resources Partners LP), Terms Agreement (Targa Resources Partners LP), Terms Agreement (Targa Resources Partners LP)

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Formation and Qualification. Each of the Partnership, the General Partner and the Material Subsidiaries has been duly formed or organized, as the case may be, and is validly existing as a limited partnership or limited liability company, as applicable, and is in good standing under the laws of its respective jurisdiction of formation or organization with full power and authority necessary to own or lease its properties and to conduct its business, in each case, as described in the Disclosure Package and the Final Prospectus, in all material respects.

Appears in 2 contracts

Samples: Underwriting Agreement (Targa Resources Partners LP), Underwriting Agreement (Targa Resources Partners LP)

Formation and Qualification. Each of the Partnership, the General Partner and the Material Subsidiaries has been duly organized or formed or organized, as the case may be, and is validly existing as a limited partnership or limited liability company, as applicable, and is in good standing under the laws of the jurisdiction set forth opposite its respective jurisdiction of formation or organization with full power and authority necessary to own or lease its properties and to conduct its business, name in each case, as described in the Prospectus, in all material respects.Schedule II attached hereto with

Appears in 2 contracts

Samples: Terms Agreement (Targa Resources Partners LP), Terms Agreement (Targa Resources Partners LP)

Formation and Qualification. Each of the Partnership, the General Partner and the Material Subsidiaries has been duly organized, formed or organized, as the case may be, incorporated and is validly existing as a general partnership, limited partnership or partnership, limited liability companycompany or corporation, as applicable, and is in good standing under the laws of the jurisdiction set forth opposite its respective jurisdiction of formation or organization name in Schedule III attached hereto with full power and authority necessary to own or lease its properties and to conduct its business, in each case, as described in the Prospectus, in all material respects.or

Appears in 1 contract

Samples: Targa Resources Partners LP

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Formation and Qualification. Each of the Partnership, the General Partner and the Material Subsidiaries has been duly organized or formed or organized, as the case may be, and is validly existing as a limited partnership or limited liability company, as applicable, and is in good standing under the laws of the jurisdiction set forth opposite its respective jurisdiction of formation or organization name in Schedule III attached hereto with full power and authority necessary to own or lease its properties and to conduct its business, in each case, as described in the Prospectus, in all material respects.in

Appears in 1 contract

Samples: Underwriting Agreement (Targa Resources Partners LP)

Formation and Qualification. Each of the Partnership, the General Partner and the Material Subsidiaries has been duly formed or organized, as the case may be, incorporated and is validly existing as a general partnership, limited partnership or partnership, limited liability companycompany or corporation, as applicable, and is in good standing under the laws of its respective the jurisdiction of formation or organization with full power and authority necessary to own or lease its properties and to conduct its business, in each case, as described in the Prospectus, in all material respects.set forth

Appears in 1 contract

Samples: Underwriting Agreement (Targa Resources Partners LP)

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