Common use of OPINION REQUIREMENTS Clause in Contracts

OPINION REQUIREMENTS. 1. Borrower (a) is a limited liability company duly organized, validly existing, and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority and the legal right to own and operate its property and to conduct its business.

Appears in 4 contracts

Samples: Master Credit Agreement (Nedak Ethanol, LLC), Credit Agreement (Golden Grain Energy), Master Credit Agreement (Great Plains Ethanol LLC)

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