Organizational Status and Power. The Guarantor: ---------------------------------- 4.a. is, and will continue to be, duly organized and validly existing under the law of the jurisdiction of its organization, as indicated in Section 1, and 4.b. has the power to own its assets, to conduct its business as now conducted and to enter into and perform the provisions of this Guaranty.
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Samples: Guaranty Agreement (Penn Octane Corp), Guaranty Agreement (Rio Vista Energy Partners Lp), Guaranty Agreement (Penn Octane Corp)
Organizational Status and Power. The Guarantor: ----------------------------------:
4.a. a. is, and will continue to be, duly organized and validly existing under the law of the jurisdiction of its organization, as indicated in Section 1, and
4.b. b. has the power to own its assets, to conduct its business as now conducted and to enter into and perform the provisions of this Guaranty.
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