Common use of Organization of Company Clause in Contracts

Organization of Company. The Company is a registered Delaware corporation, validly existing and in good standing and legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 4 contracts

Samples: Edge Tax Credit Agreement, Edge Tax Credit Agreement, Edge Tax Credit Agreement

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Organization of Company. The Company is a registered Delaware corporationLimited Liability Company duly organized, validly existing and in good standing under the laws of the state of Delaware, and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 2 contracts

Samples: Rev Tax Credit Agreement (Rivian Automotive, Inc. / DE), Rev Tax Credit Agreement

Organization of Company. The Company is a registered Delaware corporationC corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 2 contracts

Samples: Rev Tax Credit Agreement, Rev Tax Credit Agreement

Organization of Company. The Company is a registered Delaware corporationlimited liability company duly organized, validly existing and in good standing under the laws of the state of Delaware, and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 1 contract

Samples: Rev Tax Credit Agreement

Organization of Company. The Company is a registered Delaware corporationlimited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 1 contract

Samples: Rev Tax Credit Agreement

Organization of Company. The Company is Company, a registered Delaware corporationcorporation company duly organized, validly existing and in good standing under the laws of the State of Delaware and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 1 contract

Samples: Edge Tax Credit Agreement

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Organization of Company. The Company is Company, a registered Delaware corporationlimited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 1 contract

Samples: Edge Tax Credit Agreement

Organization of Company. The Company is a registered Delaware corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 1 contract

Samples: Micro Tax Credit Agreement

Organization of Company. The Company is a registered Delaware corporationcorporation duly organized, validly existing and in good standing under the laws of the Delaware, and the Company is legally qualified to transact business in Illinois. The Company has full power and authority to own or lease and to operate and use its assets and to carry on its business at the Project. There is no pending or threatened proceeding for the dissolution, liquidation, insolvency, or rehabilitation of the Company.

Appears in 1 contract

Samples: Rev Tax Credit Agreement

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