Organization; Existence; Good Standing. Such Party is duly organized, validly existing and in good standing in the jurisdiction of its organization. Such Party has the full right and authority to enter into, execute, deliver and perform its obligations under this Agreement, and such Party has taken all requisite corporate, body politic or other action to approve the execution, delivery and performance of this Agreement.
Organization; Existence; Good Standing. The Company is duly organized, validly existing and in good standing under the laws of Delaware and has all requisite power and authority to enter into this Agreement.
Organization; Existence; Good Standing. The Town and the developer represent to each other that they are legal entities that are capable of signing this PPA.
Organization; Existence; Good Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the state of Delaware, (ii) has the power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged; and (iv) is duly qualified to do business and is in good standing as a foreign entity in each other jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a material adverse effect on the Company and its subsidiaries, taken as a whole.
Organization; Existence; Good Standing. Borrower (i) is duly organized, validly existing and in good standing as a corporation under the laws of the Commonwealth of Massachusetts, (ii) has obtained all licenses, permits, approvals and consents and has filed all registrations necessary for the lawful operation of its business, (iii) has the corporate power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (iv) is duly qualified to do business and is licensed and in good standing as a foreign corporation under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect. Borrower is not qualified or authorized as a foreign corporation in any state.
Organization; Existence; Good Standing. Each Borrower (i) is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, (ii) has obtained all material licenses, permits, approvals and consents and has filed all registrations necessary for the lawful operation of its business, (iii) has the power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (iv) is duly qualified to do business and is in good standing as a foreign entity in each other jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect. Schedule 4.1 lists all states and other locations where Borrower is qualified or authorized to do business.
Organization; Existence; Good Standing. Such Member, if such Member is an Entity, is duly organized, validly existing and in good standing under the Laws of the jurisdiction of its formation.
Organization; Existence; Good Standing. Each of Borrower and its Subsidiaries: (i) is duly organized, validly existing and in good standing as a corporation under the laws of the State of Delaware, except that Calydon, Inc. is duly organized, validly existing and in good standing as a corporation under the laws of the State of California, (ii) has obtained all licenses, permits, approvals and consents and has filed all registrations necessary for the lawful operation of its business, except where the failure to so obtain would not have a Material Adverse Effect, (iii) has the corporate power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (iv) is duly qualified to do business and is licensed and in good standing as a foreign corporation under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a Material Adverse Effect.
Organization; Existence; Good Standing. To the extent the Investor is a legal entity and not an individual, such Investor is a duly formed, validly existing and in good standing under the laws of its formation, and (ii) has the power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged; and (iii) is duly qualified to do business and is in good standing as a foreign entity in each other jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not have a material adverse effect on such Investor.
Organization; Existence; Good Standing. Each Borrower (a) is duly organized, validly existing and in good standing as a corporation under the laws of the state of its incorporation, (b) has obtained all material licenses and permits and has filed all registrations necessary for the lawful operation of its business, (c) has the corporate power and authority and the legal right to own, lease and operate its property and to conduct the business in which it is currently engaged, and (d) is duly qualified to do business and is in good standing as a foreign corporation under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, except where the failure to be so qualified would not result in a Material Adverse Effect. The Disclosure Schedule attached as Schedule B lists all states where the Borrowers are qualified as foreign corporations. 13.3.
