FORMATION; EXISTENCE; COMPOSITION. Buyer is duly organized and existing under the laws of the Commonwealth of Pennsylvania or is duly authorized to do business in the Commonwealth of Pennsylvania; has the power and authority to carry on its business as now conducted; has furnished, as of the Settlement Date only, correct and complete copies of its Organizational Documents to the Authority; and provided, as of the Settlement Date only, a correct and complete list of its directors and officers, direct shareholders or direct members, or other management structure, as may be applicable, in the List of Officer and Directors, attached hereto as Exhibit B and incorporated herein by reference.
FORMATION; EXISTENCE; COMPOSITION. Seller is duly organized and existing under the laws of the Commonwealth of Pennsylvania or is duly authorized to do business in the Commonwealth of Pennsylvania; has the power and authority to carry on its business as now conducted; has furnished correct and complete copies of its Organizational Documents to the Authority; and provided a correct and complete list of its directors and officers, shareholders, or other management structure, as may be applicable, in the List of Officer and Directors, attached hereto as Exhibit B and incorporated herein by reference.
FORMATION; EXISTENCE; COMPOSITION. Borrower is a limited liability company validly existing and in good standing in the State of Florida and has the power and authority to own and operate the Mortgaged Property in the State of Florida. Kxxxxxxx Xxxxxx (“Rxxxxx”) is a Manager, Chief Executive Officer and President of Borrower and Exxx Xxxxxx (“Pxxxxx”) is a Manager, Secretary and Treasurer of Borrower. Trulieve Holdings is a Delaware corporation and is the sole member of the Borrower. Trulieve Holdings’ sole shareholder is TCC, which is a British Columbia, Canadian corporation. True and correct copies of Bxxxxxxx's Articles of Organization and Operating Agreement, together with all amendments thereto (“Organizational Documents”) and a current Good Standing Certificate issued by the Florida Secretary of State, have been furnished to Agent on behalf of Lxxxxx and the same are in full force and effect as of the date of this Agreement.
FORMATION; EXISTENCE; COMPOSITION. The Funding Recipient is duly organized and existing under the laws of the Commonwealth of Pennsylvania or is duly authorized to do business in the Commonwealth of Pennsylvania; has the power and authority to carry on its business as now conducted; has furnished correct and complete copies of its Organizational Documents to the Authority, or provided evidence of the applicable Pennsylvania statute under which the Funding Recipient operates; and has provided a correct and complete list of its directors and officers, shareholders, or other management structure, as may be applicable, in the List of Officer and Directors, attached hereto as Exhibit D and incorporated herein by reference.
FORMATION; EXISTENCE; COMPOSITION. Borrower and Guarantor are corporations duly formed and validly existing under the laws of the State of DELAWARE and have the power and authority to own and operate their properties.
FORMATION; EXISTENCE; COMPOSITION. Borrower is a limited liability company validly existing and in good standing in the State of Florida and has the power and authority to own and operate the Mortgaged Property in the State of Florida. Xxxxxxxx Xxxxxx (“Xxxxxx”) is a Manager of Borrower and Xxxx Xxxxxx (“Xxxxxx”) is a Manager of Borrower. Guarantor, Trulieve Holdings, is a corporation validly existing and in good standing in the State of Delaware and has the power and authority to execute the Guaranty and is the sole member of the Borrower. Trulieve Holdings’ sole shareholder is Parent Company, which is a British Columbia, Canadian corporation. Guarantor,Trulieve Tenant is a Florida corporation validly existing and in good standing in the State of Florida and has the power and authority to execute the Guaranty. Trulieve Tenant’s sole shareholder is Parent Company. True and correct copies of the Obligors’ respective Articles of Organization, Articles of Incorporation, Certificate of Incorporation, Operating Agreement, and By-Laws, as applicable, together with all amendments thereto (collectively “Organizational Documents”) and a current Good Standing Certificate issued by each Obligor’s state of formation, have been furnished to Lender and the same are in full force and effect as of the date of this Agreement.
