Authority, Due Authorization; Consents Sample Clauses

Authority, Due Authorization; Consents. Borrower has full power and authority to conduct its business as contemplated to be operated from and after the Closing Date; to execute and deliver under the LC Documents and the Bond Documents to which Borrower is a party; to perform under the LC Documents and the Bond Documents by which Borrower is bound; and to consummate the Bond Transaction, all of which have been duly authorized. All consents or approvals of any Person which are required to be obtained on or before the Closing Date in connection with Borrower’s execution, delivery and performance of the LC Documents and the Bond Documents to which, in either case, Borrower is a party or by which Borrower is bound, and/or consummation of the Bond Transaction, have been obtained.
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