Common use of Capacity, Power and Authority Clause in Contracts

Capacity, Power and Authority. (i) The Borrower is duly incorporated and is validly subsisting under the laws of its jurisdiction of incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; and (ii) The Borrower has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Capacity, Power and Authority. (i) The Borrower is has been duly incorporated and is validly subsisting under the laws of its governing jurisdiction of incorporation or creation and has all the requisite corporate capacity, power and authority to carry on its business as presently conducted and to own its property; andconducted. (ii) The Borrower has the requisite corporate capacity, power and authority to execute and deliver this Agreement.

Capacity, Power and Authority. (i) The Borrower is Borrowers have been duly incorporated or amalgamated and is are validly subsisting under the laws of its their respective governing jurisdiction of incorporation or creation and has have all the requisite corporate capacity, power and authority to carry on its their respective business as presently conducted and, if applicable, as contemplated to be carried on under the Material Project Agreements and to own its their respective property; and (ii) The Each Borrower has the requisite corporate capacity, power and authority to execute and deliver this Agreement.