Common use of Due Organization, etc Clause in Contracts

Due Organization, etc. It is duly organized and validly existing under the laws of the jurisdiction of its organization and has full corporate power and authority to enter into and perform its obligations as Certificate Purchaser or Lender (as the case may be) under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 3 contracts

Samples: Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc)

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Due Organization, etc. It is duly organized and validly existing under the laws of the jurisdiction of its organization and has full corporate the requisite power and authority to enter into and perform its obligations as Certificate Purchaser or a Lender (as the case may be) under each Operative Document to which it is or is to will be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a partytherewith.

Appears in 2 contracts

Samples: Participation Agreement (Mandalay Resort Group), Participation Agreement (Grand Casinos Inc)

Due Organization, etc. It is duly organized and validly existing under the laws of the jurisdiction of its organization and has full corporate power and authority to enter into and perform its obligations as either a Lender or a Certificate Purchaser or Lender (as the case may be) under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance the Delivery Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 2 contracts

Samples: Participation Agreement (Ferrellgas Partners Finance Corp), Participation Agreement (Ferrellgas Partners Finance Corp)

Due Organization, etc. It is duly organized and validly existing under the laws of the jurisdiction of its organization and has full corporate power and authority to enter into and perform its obligations as either a Participant or a Certificate Purchaser or Lender (as the case may be) under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each the initial Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 1 contract

Samples: Participation Agreement (Del Monte Foods Co)

Due Organization, etc. It is duly organized and validly existing --------------------- under the laws of the jurisdiction of its organization and has full corporate power and authority to enter into and perform its obligations as Certificate Purchaser or Lender (as the case may be) Investor under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 1 contract

Samples: Participation Agreement (Smart & Final Inc/De)

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Due Organization, etc. It is duly organized and validly existing --------------------- under the laws of the jurisdiction of its organization and has full corporate power and authority to enter into and perform its obligations as Certificate Purchaser or Lender (as the case may be) under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 1 contract

Samples: Participation Agreement (Smart & Final Inc/De)

Due Organization, etc. It is duly organized and validly existing under the laws of the jurisdiction of its organization and has full corporate power and authority to enter into and perform its obligations as Certificate Purchaser or Lender (as the case may be) under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 1 contract

Samples: Participation Agreement (Genesis Health Ventures Inc /Pa)

Due Organization, etc. It is duly organized and validly existing under the laws of the jurisdiction of its organization formation and has full corporate power and authority to enter into and perform its obligations as a Lender and/or a Certificate Purchaser or Lender (as the case may be) under each Operative Document to which it is or is to be a party and each other agreement, instrument and document to be executed and delivered by it on or before each Advance Date in connection with or as contemplated by each such Operative Document to which it is or is to be a party.

Appears in 1 contract

Samples: Participation Agreement (Lsi Logic Corp)

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