Common use of Due Incorporation, Etc Clause in Contracts

Due Incorporation, Etc. The Trust Company is a banking corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority to enter into and perform its obligations under the LLC Agreement and this Agreement.

Appears in 2 contracts

Samples: Participation Agreement (Ormat Technologies, Inc.), Participation Agreement (Ormat Technologies, Inc.)

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Due Incorporation, Etc. The Trust Company is a banking corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as the Owner Manager and/or in its individual capacity to the extent expressly provided herein or in the Lessor LLC Agreement, to enter into and perform its obligations under the Lessor LLC Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 2 contracts

Samples: Participation Agreement (Mirant Mid Atlantic LLC), Dickerson Participation Agreement (Mirant Mid Atlantic LLC)

Due Incorporation, Etc. The Trust Company is a banking corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as Lessor Manager and/or in its individual capacity to the extent expressly provided herein or in the LLC Agreement, to enter into and perform its obligations under the LLC Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 2 contracts

Samples: Participation Agreement (PPL Montana LLC), Participation Agreement (PPL Montana LLC)

Due Incorporation, Etc. The Trust Company is a national banking corporation duly organized, validly existing and association with its principal place of business in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as the Owner Trustee and/or in its individual capacity to the extent expressly provided herein or in the Trust Agreement, to enter into and perform its obligations under the LLC Trust Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 2 contracts

Samples: Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC)

Due Incorporation, Etc. The Trust Company is a banking corporation trust company duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as the Owner Trustee and/or in its individual capacity to the extent expressly provided herein or in the Trust Agreement, to enter into and perform its obligations under the LLC Trust Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 2 contracts

Samples: Participation Agreement (Midwest Generation LLC), Participation Agreement (Midwest Generation LLC)

Due Incorporation, Etc. The Trust Company is a banking ---------------------- corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as Lessor Manager and/or in its individual capacity to the extent expressly provided herein or in the LLC Agreement, to enter into and perform its obligations under the LLC Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 1 contract

Samples: Participation Agreement (Dynegy Danskammer LLC)

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Due Incorporation, Etc. The Trust Company is a banking corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as Lessor Manager, and/or in its individual capacity to the extent expressly provided herein or in the LLC Agreement, to enter into and perform its obligations under the LLC Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Reliant Energy Mid Atlantic Power Services Inc)

Due Incorporation, Etc. The Trust Company is a banking corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the corporate power and authority authority, as the Independent Manager and/or in its individual capacity to the extent expressly provided herein or in the LLC Agreement, to enter into and perform its obligations under the LLC Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 1 contract

Samples: Participation Agreement (Tri-State Generation & Transmission Association, Inc.)

Due Incorporation, Etc. The Trust Company is a banking corporation limited purpose trust company duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has the corporate power and authority authority, as Owner Trustee and/or in its individual capacity to the extent expressly provided herein or in the Trust Agreement, to enter into and perform its obligations under the LLC Trust Agreement, this Agreement and this Agreementeach of the other Operative Documents to which it is or will be a party.

Appears in 1 contract

Samples: Participation Agreement (Tennessee Valley Authority)

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