Common use of Corporate Power and Authority Clause in Contracts

Corporate Power and Authority. The Borrower has all requisite corporate power and authority to execute and deliver this Note. The Borrower has all requisite corporate power and authority to carry out and perform its obligations under the terms of this Note.

Appears in 29 contracts

Samples: MTM Technologies, Inc., MTM Technologies, Inc., MTM Technologies, Inc.

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Corporate Power and Authority. The Borrower has all requisite corporate power full power, authority and authority legal right to execute and deliver this Note. The Borrower has all requisite corporate power deliver, and authority to carry out and perform its obligations under under, this Agreement, and to borrow hereunder, and has taken all necessary corporate and legal action to authorize the borrowings hereunder on the terms and conditions of this NoteAgreement and to authorize the execution and delivery of this Agreement, and the performance of the terms thereof.

Appears in 20 contracts

Samples: Credit Agreement (Schwab Charles Corp), Credit Agreement (Schwab Charles Corp), Credit Agreement (Schwab Charles Corp)

Corporate Power and Authority. The Borrower has all the requisite corporate power and authority to execute own its properties and carry on its business as now being conducted and as currently proposed to be conducted, and to execute, deliver this Note. The Borrower has all requisite corporate power and authority to carry out and perform its obligations under the terms of this Noteeach Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Central Vermont Public Service Corp)

Corporate Power and Authority. The Borrower has all requisite ----------------------------- corporate power to own its property and authority to execute and deliver this Noteconduct its business as currently conducted. The Borrower has all requisite corporate power execution, delivery and authority to carry out and perform its obligations under the terms performance of this NoteAgreement and the other Loan Documents are within the corporate powers of the Borrower and have been duly authorized by all necessary corporate action.

Appears in 1 contract

Samples: Credit Agreement (Lifeline Systems Inc)

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Corporate Power and Authority. The Borrower has all requisite corporate power and authority to execute and deliver this tins Note. The Borrower has all requisite corporate power and authority to carry out and perform its obligations under the terms of this Note.

Appears in 1 contract

Samples: MTM Technologies, Inc.

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