Common use of Organization of Seller Clause in Contracts

Organization of Seller. Seller is duly formed, validly existing, and in good standing under the laws of the jurisdiction of its organization or formation.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Epl Oil & Gas, Inc.), Purchase and Sale Agreement (Marathon Oil Corp)

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Organization of Seller. Seller is duly formed, validly existing, existing and in good standing under the laws Laws of the jurisdiction state of its organization or formation.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Energy Transfer Partners, L.P.), Membership Interest Purchase Agreement (Sunoco Logistics Partners L.P.), Membership Interest Purchase Agreement (Enbridge Energy Partners Lp)

Organization of Seller. Seller is duly formed, validly existing, existing and in good standing under the laws of the its jurisdiction of incorporation and is qualified or registered to do business in each jurisdiction in which the nature of its organization business or formationoperations requires such qualification or registration.

Appears in 2 contracts

Samples: Purchase Agreement (First Reserve Gp X Inc), Purchase Agreement (Pacific Energy Partners Lp)

Organization of Seller. The Seller is duly formed, validly existing, existing and in good standing under the laws of in the jurisdiction of its organization or formation.

Appears in 1 contract

Samples: Stock Purchase Agreement (CNL Income Properties Inc)

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Organization of Seller. Seller is duly formedorganized, validly existing, and in good standing under the laws of the jurisdiction of its organization incorporation or formation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Solo Cup CO)

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