Common use of Organization of the Seller Clause in Contracts

Organization of the Seller. The Seller is a limited partnership duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The partners of the Seller and their respective partnership interests and status as a general or limited partner are set forth in the Disclosure Schedule.

Organization of the Seller. The Seller is a limited partnership duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization. The Seller does not have any Subsidiariesincorporation. The Seller has the power and authority to own or lease its properties and to carry on all the business activities operations of the Stations as now conducted by it. The Seller does not have any Subsidiaries. The general partner of the Seller is American Media Management, Inc., and the limited partners of the Seller are Xxxx Xxxx, Xxxxxx Xxxx, Xxxx Xxxxx and their respective partnership interests and status as a general or limited partner are set forth in the Disclosure ScheduleXxxxxxx Xxxxx.

Organization of the Seller. The Seller is a limited partnership duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization. The Seller does not have any Subsidiaries. The Seller has the power and authority to own or lease its properties and to carry on all business activities now conducted by it. The general partners of the Seller are Xxxx X. Xxxxxxx and their respective partnership interests and status as a general or limited partner are set forth in the Disclosure ScheduleXxx X. Xxxxxx.