Common use of Representation and Warranty of the Company Clause in Contracts

Representation and Warranty of the Company. The Company hereby represents and warrants to the Participant that the Company is a limited liability company, duly formed and in good standing under the laws of the State of Delaware. The Company has all requisite limited liability company power and authority to execute, deliver and carry out the transactions contemplated by the Transaction Documents, and to issue and deliver the Incentive Units.

Appears in 2 contracts

Sources: Phantom Unit Award Agreement (Safeway Stores 42, Inc.), Employment Agreement (Albertsons Companies, Inc.)

Representation and Warranty of the Company. The Company hereby represents and warrants to the Participant that the Company is a limited liability company, duly formed and in good standing under the laws of the State of Delaware. The Company has all requisite limited liability company power and authority to execute, deliver and carry out the transactions contemplated by the Transaction Documents, and to issue and deliver the Incentive UnitsClass C-2A Membership Interests.

Appears in 2 contracts

Sources: Award Agreement (Gmac LLC), Class C Membership Interest Award Agreement (Gmac LLC)

Representation and Warranty of the Company. The Company hereby represents and warrants to the Participant that the Company is a limited liability company, duly formed and in good standing under the laws of the State of Delaware. The Company has all requisite limited liability company power and authority to execute, deliver and carry out the transactions contemplated by the Transaction Documents, and to issue and deliver the Incentive UnitsClass C Membership Interests.

Appears in 2 contracts

Sources: Award Agreement (Gmac LLC), Award Agreement (Gmac LLC)

Representation and Warranty of the Company. The Company hereby represents and warrants to the Participant that the Company is a limited liability company, duly formed and in good standing under the laws of the State of Delaware. The Company has all requisite limited liability company power and authority to execute, deliver and carry out the transactions contemplated by the Transaction Documents, and to issue and deliver the Incentive UnitsClass C-2 Membership Interests.

Appears in 2 contracts

Sources: Award Agreement (Gmac LLC), Class C Membership Interest Award Agreement (Gmac LLC)