Common use of Due Organization; Power and Authority Clause in Contracts

Due Organization; Power and Authority. The Borrower is a limited liability company formed under the Laws of the State of Delaware, with full power and authority to own and operate its assets and properties (and has duly authorized such grant by all necessary action and the execution, delivery and performance of this Agreement and the other Facility Documents to which it is a party have been duly authorized by it by all necessary action) and to conduct the business in which it is now engaged and to execute and deliver and perform its obligations under this Agreement and the other Facility Documents to which it is a party.

Due Organization; Power and Authority. The Borrower is a Delaware limited liability company company, duly formed under the Laws laws of the State its jurisdiction of Delawareorganization, with full power and authority to own and operate its assets and properties (and has duly authorized such grant by all necessary action and the execution, delivery and performance of this Agreement and the other Facility Documents to which it is a party have been duly authorized by it by all necessary action) and to conduct the business in which it is now engaged and to execute and deliver and perform its obligations under this Agreement and the other Facility Documents to which it is a party.

Due Organization; Power and Authority. The Borrower is a Delaware limited liability company duly formed under the Laws laws of the State its jurisdiction of Delawareorganization, with full power and authority to own and operate its assets and properties (and has duly authorized such grant by all necessary action and the execution, delivery and performance of this Agreement and the other Facility Documents to which it is a party have been duly authorized by it by all necessary action) and to conduct the business in which it is now engaged and to execute and deliver and perform its obligations under this Agreement and the other Facility Documents to which it is a party.

Due Organization; Power and Authority. The Borrower is a Delaware limited liability company company, duly formed under the Laws laws of the State its jurisdiction of Delawareorganization, with full power and authority to own and operate its assets and properties (and has duly authorized such grant by all necessary action and the executionproperties, delivery and performance of this Agreement and the other Facility Documents to which it is a party have been duly authorized by it by all necessary action) and to conduct the business in which it is now engaged and to execute and deliver and perform its obligations under this Agreement and the other Facility Documents to which it is a party.

Due Organization; Power and Authority. The Borrower is a Delaware limited liability company company, duly formed under the Laws laws of the State its jurisdiction of Delawareorganization, with full power and authority to own and operate its assets and properties (and has duly authorized such grant by all necessary action and the execution, delivery and performance of this Agreement and the other Facility Documents to which it is a party have been duly authorized by it by all necessary action) and to conduct the business in which it is now engaged and to execute and deliver and perform its obligations under this Agreement and the other Facility Documents to which it is a party.