Common use of Financing Documents and Major Project Documents Clause in Contracts

Financing Documents and Major Project Documents. Each of the Financing Documents, Major Project Documents and Third Party Project Documents to which the Borrower or any of its Subsidiaries is a party has been duly authorized by such CalGen Company. Each of the Financing Documents, Major Project Documents and Third Party Project Documents has been validly executed and delivered by such CalGen Company and constitutes a valid and legally binding obligation of such CalGen Company, enforceable against such CalGen Company in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

Financing Documents and Major Project Documents. Each of the Financing Documents, Major Project Documents and Third Party Project Documents to which the 77 Borrower or any of its Subsidiaries is a party has been duly authorized by such CalGen Company. Each of the Financing Documents, Major Project Documents and Third Party Project Documents has been validly executed and delivered by such CalGen Company and constitutes a valid and legally binding obligation of such CalGen Company, enforceable against such CalGen Company in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.