Common use of Concerning General Partner Clause in Contracts

Concerning General Partner. (a) Each General Partner of Borrower is a limited liability company, duly organized and validly existing under the laws of the State. Each General Partner has all requisite power and authority, rights and franchises to enter into and perform its obligations under the Borrower Loan Documents and the Funding Loan Documents to be executed by such General Partner for its own account and on behalf of Xxxxxxxx, as general partner of Borrower, under this Borrower Loan Agreement and the other Borrower Loan Documents and the Funding Loan Documents.

Concerning General Partner. (a) Each The General Partner of Borrower is a limited liability company, company duly organized and validly existing under the laws of the State. Each General Partner State and has all requisite power and authority, rights and franchises to enter into and perform its obligations under the Borrower Loan Documents and the Funding Loan Documents to be executed by such General Partner it for its own account and on behalf of Xxxxxxxx, as general partner of Borrower, under this Borrower Loan Agreement and the other Borrower Loan Documents and the Funding Loan Documents.

Concerning General Partner. (a) Each The General Partner of Borrower is a limited liability company, company duly organized and validly existing under the laws of the State. Each General Partner State and has all requisite power and authority, rights and franchises to enter into and perform its obligations under the Borrower Loan Documents and the Funding Loan Documents to be executed by such General Partner it for its own account and on behalf of XxxxxxxxBorrower, as general partner of Borrower, under this Borrower Loan Agreement and the other Borrower Loan Documents and the Funding Loan Documents.