Common use of Status of Seller Clause in Contracts

Status of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws of Delaware and has the organizational power and authority to own and operate its business as now being conducted.

Status of Seller. Seller is a corporation limited liability company duly organized, validly existing and in good standing under the laws Laws of the State of Delaware and has the organizational power and authority is duly qualified to own and operate carry on its business and is in good standing in such other jurisdictions as now being conductedmay be necessary, including all jurisdictions in which the Assets are located.

Status of Seller. Seller is a corporation limited liability company duly organized, validly existing and in good standing under the laws of Delaware and the State of Delaware. Seller has the organizational power and authority to own direct the Trustee to execute and operate its business as now being conducteddeliver the documents required of the Trustee under Section 8.2.

Status of Seller. Seller is a corporation limited liability company duly organized, validly existing and in good standing under the laws of Delaware and the State of Delaware. Seller has the organizational all requisite limited liability company power and authority to own the Transferred Interests and operate to execute and deliver this Agreement and the other Transaction Documents and to perform its business as now being conductedobligations hereunder and thereunder.

Status of Seller. Seller is a corporation duly organized, validly existing and in good standing under the laws Laws of Delaware and has the organizational power and authority State of Delaware. There is no pending or, to own and operate its business as now being conductedthe knowledge of Seller, threatened, action for the dissolution, liquidation, insolvency, or rehabilitation of Seller.