Pledged Interests. The Membership Interest is duly authorized, validly existing, fully paid and nonassessable, and the Membership Interest is not subject to any contractual restriction, or any restriction under the organizational documents of Borrower or Member upon the transfer of such Membership Interest (except for any such restriction contained in any Financing Document). Such Membership Interest exists in a certificated form. No Person other than Member is the registered owner of the Membership Interest.
Appears in 4 contracts
Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)
