Common use of Status of Borrower Clause in Contracts

Status of Borrower. The Borrower is a corporation duly incorporated and validly existing under the laws of the Borrower’s Country and has full power and authority to own its assets and carry on its business as being conducted at the date of execution of this Loan Agreement and is a legal entity with separate legal personality capable of being sued in its own name.

Status of Borrower. The Borrower is a corporation duly incorporated and validly existing under the laws of the Borrower’s Country as a sociedade anônima and has full power and authority to own its assets and carry on its business (including the Project) as now being conducted at the date of execution of this Loan Agreement and is a legal entity with separate legal personality capable of being sued in its own name.

Status of Borrower. The Borrower is a corporation duly incorporated organized and validly existing under the laws of the Borrower’s Country Country, and has full the power and authority to own its assets and carry on property, to conduct its business as being currently conducted at and to consummate the date of execution of transactions contemplated in this Loan Agreement and is a legal entity with separate legal personality capable of being sued in its own nameAgreement.

Status of Borrower. The Borrower is a corporation duly incorporated and validly existing under the laws of the Borrower’s Country as a sociedade anô nima and has full power and authority to own its assets and carry on its business (including the Project) as now being conducted at the date of execution of this Loan Agreement and is a legal entity with separate legal personality capable of being sued in its own name.