Common use of SO Representations and Warranties Clause in Contracts

SO Representations and Warranties. The SO hereby represents, warrants and covenants as follows: 11.1.1 The SO is a duly organized and validly existing under the laws of the State of and is authorized to do business and is in good standing in the Commonwealth of Virginia; 11.1.2 The SO has all requisite power and authority to carry on the business to be conducted by it under this Agreement and to enter into and perform its obligations hereunder; 11.1.3 The SO will conduct business as a Subscriber Organization as described in Virginia Code § 56-594.3, the Rules Governing Shared Solar Program, 20 VAC 5-340-10 through -110 and the SO Coordination Agreement; 11.1.4 The SO has obtained or will have obtained by the Effective Date, any applicable license from the Commission as a Subscriber Organization located within the Commonwealth of Virginia, as applicable. Such license shall be maintained throughout the life of this Agreement, and the lack of such license shall immediately terminate this Agreement, as applicable; 11.1.5 The execution and delivery of this Agreement and the performance of the SO's obligations hereunder have been duly authorized by all necessary actions on the part of the SO and do not and will not conflict with or result in a breach of the SO's charter documents or bylaws or any indenture, mortgage, other agreement or instrument or any statute, rule, regulation, order, judgment, or decree of any judicial or administrative body to which the SO is a party or by which the SO or any of its properties is bound or subject to, nor any legal proceeding now pending or, to the SO's knowledge, threatened; 11.1.6 This Agreement is the valid and binding obligation of the SO, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency or similar laws from time to time in effect that affect creditors' rights generally or by general principles of equity; and 11.1.7 There are no actions at law, suits in equity, proceedings or claims pending against the SO before any federal, state, foreign or local court, tribunal or government agency or authority that might materially delay, prevent or hinder the performance of its obligations hereunder.

SO Representations and Warranties. The SO hereby represents, warrants and covenants as follows: 11.1.1 The SO is a duly organized and validly existing under the laws of the State of and is authorized to do business and is in good standing in the Commonwealth of Virginia; 11.1.2 The SO has all requisite power and authority to carry on the business to be conducted by it under this Agreement and to enter into and perform its obligations hereunder; 11.1.3 The SO will conduct business as a Subscriber Organization as described in Virginia Code § 56-594.3, the Rules Governing Shared Solar Program, 20 VAC 5-340-10 through -110 -110, and the SO Coordination Agreement; 11.1.4 The SO has obtained or will have obtained by the Effective Date, any applicable license from the Commission as a Subscriber Organization located within the Commonwealth of Virginia, as applicable. Such license shall be maintained throughout the life of this Agreement, and the lack of such license shall immediately terminate this Agreement, as applicable; 11.1.5 The execution and delivery of this Agreement and the performance of the SO's obligations hereunder have been duly authorized by all necessary actions on the part of the SO and do not and will not conflict with or result in a breach of the SO's charter documents or bylaws or any indenture, mortgage, other agreement or instrument or any statute, rule, regulation, order, judgment, or decree of any judicial or administrative body to which the SO is a party or by which the SO or any of its properties is bound or subject to, nor any legal proceeding now pending or, to the SO's knowledge, threatened; 11.1.6 This Agreement is the valid and binding obligation of the SO, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency or similar laws from time to time in effect that affect creditors' rights generally or by general principles of equity; and 11.1.7 There are no actions at law, suits in equity, proceedings or claims pending against the SO before any federal, state, foreign or local court, tribunal or government agency or authority that might materially delay, prevent or hinder the performance of its obligations hereunder.