Corporate Existence and Business. The Sponsor (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and (b) has the requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder.
Appears in 3 contracts
Samples: Equity Commitment Agreement, Equity Commitment Agreement (Allegheny Energy, Inc), Equity Commitment Agreement (Allegheny Energy, Inc)
Corporate Existence and Business. The Sponsor (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and (b) has the all requisite corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Enviva Partners, LP)