Duly Organized and Validly Existing Sample Clauses

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Duly Organized and Validly Existing. With respect to Buyer, Buyer represents that it was formed and is operating in accordance with the laws of the state of New Mexico governing its formation and operations. With respect to the Seller, Seller represents it is a limited liability company duly organized, validly existing and in good standing under the laws of Delaware and has the corporate power and authority to own or lease its properties and carry on its business as now conducted. Seller also represents it is duly registered with the New Mexico Secretary of State, in good standing and avails itself of the privileges and liabilities of the laws of the state of New Mexico and has corporate power and authority to own and operate the Project in New Mexico.
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Duly Organized and Validly Existing. F3 represents and warrants that it is a duly organized and validly existing entity in the state in which it organized. Prior to execution of this Agreement, F3 shall provide proof that it is duly organized and validly existing by providing NMMI with a Certificate of Good Standing or a Certificate of Authority (whichever is applicable) and such other documentation as is necessary.
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Duly Organized and Validly Existing. It is duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation and is qualified to conduct its business in those jurisdictions necessary to perform this Agreement.
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Related to Duly Organized and Validly Existing

  • Duly Organized Such Party is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

  • Duly Organized / Good Standing It is duly organized, validly existing, and in good standing as a limited liability company under the laws of the State of Delaware, and is qualified to do business in each jurisdiction in which failure to be so qualified would reasonably be expected to have a material adverse effect upon it.

  • Incorporation and Good Standing of the Company The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the jurisdiction of its incorporation and has the corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Time of Sale Prospectus and the Prospectus and to enter into and perform its obligations under this Agreement. The Company is duly qualified as a foreign corporation to transact business and is in good standing in the State of California and each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure to qualify would not result in a Material Adverse Change.

  • The Limited Liability Company The Members have created a limited liability company: The operations of the Company shall be governed by the laws located in the State of Governing Law and in accordance with this Agreement as follows:

  • Formation of Limited Liability Company The Company was formed on January 13, 2017, pursuant to the Delaware Limited Liability Company Act, 6 Del. C. § 18-101, et seq., as amended from time to time (the “Delaware Act”), by the filing of a Certificate of Formation of the Company with the office of the Secretary of the State of Delaware. The rights and obligations of the Member and the administration of the Company shall be governed by this Agreement and the Delaware Act. To the extent this Agreement is inconsistent in any respect with the Delaware Act, this Agreement shall control.