Common use of HoldCo and the Subsidiaries Clause in Contracts

HoldCo and the Subsidiaries. (a) HoldCo and each of the Subsidiaries are limited liability companies validly existing and in good standing under the Laws of the State of Delaware, and each has full power and authority to conduct its business as and to the extent now conducted and to own, use and lease its assets. HoldCo and each of the Subsidiaries are duly qualified, licensed or admitted to do business and are in good standing in those jurisdictions specified in Schedule 3.09(a) of the Disclosure Schedules, which are the only jurisdictions in which the ownership, use or leasing of HoldCo’s assets or any Subsidiary’s assets, or the conduct or nature of its business, makes such qualification, licensing or admission necessary, except in those jurisdictions where the failure to be so qualified, licensed or admitted to do business would not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (NRG Yield, Inc.)

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HoldCo and the Subsidiaries. (a) HoldCo and each of the Subsidiaries are Subsidiary is a limited liability companies company validly existing and in good standing under the Laws of the State of Delaware, Delaware and each has full power and authority to conduct its business as and to the extent now conducted and to own, use and lease its assets. HoldCo and each of the Subsidiaries are Subsidiary is duly qualified, licensed or admitted to do business and are in good standing in those jurisdictions specified in Schedule 3.09(a) of the Disclosure Schedules, which are the only jurisdictions in which the ownership, use or leasing of HoldCo’s assets or any Subsidiary’s the Subsidiaries’ assets, or the conduct or nature of its their business, makes such qualification, licensing or admission necessary, except in those jurisdictions where the failure to be so qualified, licensed or admitted to do business would not reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (NRG Yield, Inc.)

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HoldCo and the Subsidiaries. (a) HoldCo Holdco and each of the Subsidiaries are Subsidiary is a limited liability companies company validly existing and in good standing under the Laws of the State of Delaware, Delaware and each has full power and authority to conduct its business as and to the extent now conducted and to own, use and lease its assets. HoldCo Holdco and each of the Subsidiaries are Subsidiary is duly qualified, licensed or admitted to do business and are is in good standing in those jurisdictions specified in Schedule 3.09(a) of the Disclosure Schedules, which are the only jurisdictions in which the ownership, use or leasing of HoldCoHoldco’s assets or any Subsidiary’s the Subsidiaries’ assets, or the conduct or nature of its their business, makes such qualification, licensing or admission necessary, except in those jurisdictions where the failure to be so qualified, licensed or admitted to do business would not reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearway Energy, Inc.)

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