Organization of the Borrower. The Borrower is a corporation duly organized, validly existing and, to the best of its knowledge and without special enquiry, in good standing under the Laws of Canada and of all jurisdictions in which it carries on business. The Borrower has the power and authority, corporate or otherwise, to own its properties and to carry on its business as now being and hereafter proposed to be conducted.
Organization of the Borrower. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. The Borrower has full corporate power and authority to own, use, lease and license its assets and its properties and to carry on its business as it is now being conducted.
Organization of the Borrower. Borrower is a duly organized California corporation, validly existing and in good standing under the laws of the State of California. Borrower has all requisite power and authority to develop the Combined Properties, to carry on its business as now conducted, and to execute, deliver and perform its obligations under this Agreement, the Note and Deed of Trust.
Organization of the Borrower. The Borrower (a) is a corporation duly organized and validly existing in good standing under the laws of the State of Georgia, (b) has all requisite power and authority to conduct its business and to own its properties, (c) is duly qualified to do business in every jurisdiction in which the nature of business conducted by it makes such qualification necessary or where failure to so qualify would have a material adverse effect on its business or financial condition or its performance of its obligations under the Letter of Credit Documents or Bond Documents and (d) possesses all material regulatory licenses, approvals and professional accreditations needed to operate its businesses and is in good standing with respect thereto and no circumstances are known to Borrower to have occurred or to be pending that could jeopardize the foregoing.
Organization of the Borrower. The Borrower is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware, (ii) has the power and authority to own its properties and to carry on its business as now being conducted and as presently contemplated, (iii) is duly qualified to transact business in all states where the nature of its activities requires such qualification or where the failure to qualify would not have a Material Adverse Effect on the Borrower, and (iv) has the power and authority to execute, deliver and perform its obligations under the Loan Documents.
Organization of the Borrower. The Borrower is a corporation duly ---------------------------- organized, validly existing and in good standing under the laws of the State of Ohio and is duly licensed to transact business as a foreign corporation in the State of Colorado. The Borrower (a) has all requisite power and authority to conduct its business and to own and lease its properties, (b) is duly qualified to do business in every jurisdiction in which the nature of business conducted by it makes such qualification necessary or where failure to so qualify would have a material, adverse effect on its business or financial condition or its performance of its obligations under the Letter of Credit Documents, or the Bond Documents, and (c) is duly and validly licensed and holds all permits and approvals necessary for the conduct of the business in which it is engaged and for the intended use of the Project Facilities. The Borrower is governed by its Articles of Incorporation, as amended, and Code of Regulations, as amended, true and correct copies of which have been delivered to the Bank, which documents have not been further restated, amended or modified and remain in full force and effect.
Organization of the Borrower. The Borrower is a corporation organized, existing and in good standing under the laws of the State of Florida. The Borrower is qualified to do business in every jurisdiction in which the character of the properties owned or the nature of the business conducted by the Borrower makes such licensing or qualification to do business necessary, except where the failure to be in good standing or to be duly licensed or qualified to do business would not have a material adverse effect on the Borrower. No jurisdiction in which the Borrower is not qualified has asserted that the Borrower is required to be qualified to do business therein.
