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

Due Organization; Power and Authority. The Borrower is a limited liability company duly formed under the laws of its jurisdiction of organization, with full power and authority to own and operate its assets and properties 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.

Appears in 4 contracts

Samples: Credit and Security Agreement (LGAM Private Credit LLC), Credit and Security Agreement (Apollo Debt Solutions BDC), Credit and Security Agreement (LGAM Private Credit LLC)

AutoNDA by SimpleDocs

Due Organization; Power and Authority. The Borrower is a limited liability company company, duly formed under the laws of its jurisdiction of organization, with full power and authority to own and operate its assets and properties 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.

Appears in 2 contracts

Samples: Credit and Security Agreement (Blackstone Private Credit Fund), Credit and Security Agreement (Blackstone Private Credit Fund)

AutoNDA by SimpleDocs

Due Organization; Power and Authority. The Borrower is a limited liability company company, duly formed under the laws of its jurisdiction of organizationformation, with full power and authority to own and operate its assets and properties 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.

Appears in 1 contract

Samples: Credit and Security Agreement (SLR Private Credit BDC II LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.