Existence and Powers. The Guarantor is duly organized and validly existing as a corporation under the laws of the State of New York, with full legal right, power and authority to enter into and perform its obligations under this Guaranty.
Appears in 2 contracts
Sources: Merger Agreement (Long Island Lighting Co), Guaranty Agreement (Long Island Lighting Co)
Existence and Powers. The Guarantor is duly organized and validly existing as a corporation under the laws Laws of the State of New York, with full legal right, power and authority to enter into and perform its obligations Obligations under this Guaranty.
Appears in 1 contract
Sources: Service Agreement