Document ID: 12640

Text:
4.1 Organization, Qualification, and Power. Each of the Companies is a limited liability company duly organized and validly existing under the laws of the Commonwealth of Virginia . Each of the Companies is duly authorized to conduct business and is in good standing under the laws of each jurisdiction where such qualification is required, except those jurisdictions where the failure to qualify would not have a Material Adverse Effect. The Companies all have full power and authority and all licenses, Consents, permits, Approvals, and authorizations necessary to carry on the Business in which each Company is engaged and to own or lease, as applicable, and use the Property owned and used by each Company. Schedule 4.1 lists the members, managers, directors and officers of the Companies. Seller has delivered to Buyer correct and complete copies of the Organizational Documents of the Companies (as amended to date). The Companies do not maintain minute books and the Membership Interests of the Companies are not certificated. None of the Companies is in default under or in violation of any provision of its Organizational Documents.

Named Entities:
29
31
Court

Tokenized Text:
4
.
1
Organization
,
Qualification
,
and
Power
.
Each
of
the
Companies
is
a
limited
liability
company
duly
organized
and
validly
existing
under
the
laws
of
the
Commonwealth
of
Virginia
.
Each
of
the
Companies
is
duly
authorized
to
conduct
business
and
is
in
good
standing
under
the
laws
of
each
jurisdiction
where
such
qualification
is
required
,
except
those
jurisdictions
where
the
failure
to
qualify
would
not
have
a
Material
Adverse
Effect
.
The
Companies
all
have
full
power
and
authority
and
all
licenses
,
Consents
,
permits
,
Approvals
,
and
authorizations
necessary
to
carry
on
the
Business
in
which
each
Company
is
engaged
and
to
own
or
lease
,
as
applicable
,
and
use
the
Property
owned
and
used
by
each
Company
.
Schedule
4
.
1
lists
the
members
,
managers
,
directors
and
officers
of
the
Companies
.
Seller
has
delivered
to
Buyer
correct
and
complete
copies
of
the
Organizational
Documents
of
the
Companies
(
as
amended
to
date
)
.
The
Companies
do
not
maintain
minute
books
and
the
Membership
Interests
of
the
Companies
are
not
certificated
.
None
of
the
Companies
is
in
default
under
or
in
violation
of
any
provision
of
its
Organizational
Documents
.