Common use of Corporate Action Clause in Contracts

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.

Appears in 9 contracts

Samples: Credit Agreement (Waste Management Inc), Revolving Credit Agreement, Credit Agreement (Waste Management Inc)

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Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor Borrowers of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor Borrowers and satisfactory to the Administrative Agent Banks shall have been provided to the Banks.

Appears in 5 contracts

Samples: Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc)

Corporate Action. All corporate (or equivalent company or partnership) action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor Borrowers of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAdministrative Agent.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit and Term Loan Agreement, Revolving Credit and Term Loan Agreement (Waste Connections Inc/De)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Casella Waste Systems Inc), Revolving Credit Agreement (Superior Services Inc), Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor Guarantors of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor Guarantors and satisfactory to the Administrative Agent Majority Banks shall have been provided to the Banks.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Revolving Credit Agreement (Waste Management Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor Borrowers of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents and the Senior Subordinated Debt Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAdministrative Agent.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc), Credit and Term Loan Agreement (Casella Waste Systems Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent Banks shall have been provided to the Banks.

Appears in 2 contracts

Samples: Loan Agreement (Waste Management Holdings Inc), Loan Agreement (Waste Management Holdings Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent Lender shall have been provided to the BanksLender.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Geowaste Inc), Revolving Credit Agreement (Geowaste Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAdministrative Agent.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Nationsrent Inc), Credit and Term Loan Agreement (Nationsrent Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor Credit Parties of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 2 contracts

Samples: Credit and Security Agreement (Columbus McKinnon Corp), Credit and Security Agreement (Audubon West Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by bY the Borrower and the Guarantor Borrowers of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Connections Inc/De)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 1 contract

Samples: Bridge Loan Agreement (Usa Waste Services Inc)

Corporate Action. All corporate action on the part of the Borrower necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.

Appears in 1 contract

Samples: Bridge Loan Agreement (Egghead Inc /Wa/)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor Guarantors, including Astrotech, of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Iteq Inc)

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Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and satisfactory evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAgent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nationsrent Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower Borrowers and the Guarantor Sanifill of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower Borrowers and the Guarantor Sanifill and satisfactory to the Administrative Agent Banks shall have been provided to the Banks.

Appears in 1 contract

Samples: Revolving Credit Agreement (Usa Waste Services Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.. 63 -57-

Appears in 1 contract

Samples: Day Loan Agreement (Waste Management Inc)

Corporate Action. All corporate or other action necessary for the ---------------- valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent Lenders shall have been provided to each of the BanksLenders.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (United States Filter Corp)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the BanksAdministrative Agent.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Kti Inc)

Corporate Action. All corporate action necessary for the valid --------- ------ execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent Bank shall have been provided to the BanksBank.

Appears in 1 contract

Samples: Revolving Credit Agreement (Aerovox Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the each Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the each Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Management Inc)

Corporate Action. All corporate action necessary for the valid execution, delivery and performance by the Borrower Company and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower Company and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.

Appears in 1 contract

Samples: Credit Agreement (Waste Management Inc)

Corporate Action. All corporate action required by law of the Borrower necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of the Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.

Appears in 1 contract

Samples: Loan Agreement (Digital Systems International Inc)

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