Corporate Organization and Authority. The Borrower: (i) is a “local government” as defined in the Act; and (ii) has all requisite power and authority and all necessary licenses and permits required as of the date hereof to own and operate the Project, to enter into this Agreement, to execute and deliver the Note, and to carry out and consummate all transactions contemplated by this Agreement.
Appears in 12 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement