Due Authorization and Approval. The execution, delivery and performance of this Subscription Agreement and the consummation of the transactions contemplated hereby have been duly authorized by proper corporate action of the Company and do not contravene the Articles or Member Control Agreement or contractual restriction binding on or affecting the Company.
Appears in 3 contracts
Samples: Subscription Agreement (Heron Lake BioEnergy, LLC), Subscription Agreement (Granite Falls Energy, LLC), Subscription Agreement (Granite Falls Energy, LLC)
Due Authorization and Approval. The execution, execution and delivery and performance of this Subscription Agreement and the consummation of the transactions contemplated hereby have been duly authorized by proper corporate action of the Company and do not contravene the Articles or Member Control Agreement or contractual restriction binding on or affecting the Company.
Appears in 3 contracts
Samples: Subscription Agreement (Heron Lake BioEnergy, LLC), Subscription Agreement (Heron Lake BioEnergy, LLC), Subscription Agreement (Heron Lake BioEnergy, LLC)
Due Authorization and Approval. The execution, execution and delivery and performance of this Subscription Agreement and the consummation of the transactions contemplated hereby have been duly authorized by proper corporate action of the Company Company. This Subscription Agreement has been consented to and do not contravene the Articles or Member Control Agreement or contractual restriction binding on or affecting approved by a majority in interest of the Company’s members at a duly held member meeting in accordance with and as required by the Company’s Operating Agreement.
Appears in 1 contract
Samples: Subscription and Investment Representation Agreement (Ethanol Grain Processors, LLC)
