Common use of Borrower Authorization Clause in Contracts

Borrower Authorization. Borrower is duly authorized to execute, deliver and perform its obligations under this Third Amendment and is and will continue to be duly authorized to borrow monies and apply for Letters of Credit under and to perform its obligations under the Amended Credit Agreement, as amended by this Third Amendment and as it may be further amended from time to time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Gulf Island Fabrication Inc)

Borrower Authorization. Borrower is duly authorized to execute, deliver and perform its obligations under this Third Fourth Amendment and is and will continue to be duly authorized to borrow monies and apply for Letters of Credit under and to perform its obligations under the Amended Credit Agreement, as amended by this Third Fourth Amendment and as it may be further amended from time to time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Gulf Island Fabrication Inc)