Common use of Status of Borrower Clause in Contracts

Status of Borrower. The Borrower is a corporation duly incorporated and validly existing (and, if applicable, in good standing) under the Laws of the State of Delaware, has full power and authority to carry on its business in the same manner as it is now being conducted, and is a legal entity with separate legal personality capable of being sued in its own name.

Appears in 1 contract

Samples: Loan Agreement (Aar Corp)

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Status of Borrower. The Borrower is a corporation duly incorporated organized and validly existing (and, if applicable, in good standing) under the Laws laws of the State of DelawareBorrower’s Country, and has full the power and authority to carry on own its property, to conduct its business as currently conducted and to consummate the transactions contemplated in the same manner as it is now being conducted, and is a legal entity with separate legal personality capable of being sued in its own namethis Agreement.

Appears in 1 contract

Samples: Loan Agreement (Hanwha Q CELLS Co., Ltd.)

Status of Borrower. The Borrower is a corporation duly incorporated and validly existing (and, if applicable, in good standing) under the Laws laws of the State of Delaware, Borrower’s Country as a sociedade anô nima and has full power and authority to carry on its business in (including the same manner Project) as it is now being conducted, conducted and is a legal entity with separate legal personality capable of being sued in its own name.

Appears in 1 contract

Samples: Loan Agreement (Brasil Telecom Holding Co)

Status of Borrower. The Borrower is a corporation duly incorporated and validly existing (and, if applicable, in good standing) under the Laws laws of the State of Delaware, Borrower’s Country and has full power and authority to own its assets and carry on its business in as being conducted at the same manner as it is now being conducted, date of execution of this Loan Agreement and is a legal entity with separate legal personality capable of being sued in its own name.

Appears in 1 contract

Samples: Loan Agreement (Chartered Semiconductor Manufacturing LTD)

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Status of Borrower. The Borrower is a corporation duly incorporated and validly existing (and, if applicable, in good standing) under the Laws laws of the State of Delaware, Borrower’s Country as a sociedade anônima and has full power and authority to carry on its business in (including the same manner Project) as it is now being conducted, conducted and is a legal entity with separate legal personality capable of being sued in its own name.

Appears in 1 contract

Samples: Loan Agreement (Brasil Telecom Sa)

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