Common use of Due Authorization; Validity Clause in Contracts

Due Authorization; Validity. The Borrower has taken all necessary action to authorize the execution, delivery, and performance by it of this Amendment and every other instrument, document, and certificate relating thereto. This Amendment has been duly executed and delivered by the Borrower and is the legal, valid, and binding obligation of the Borrower enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Credit Agreement (Forest City Enterprises Inc), Credit Agreement (Forest City Enterprises Inc), Credit Agreement (Forest City Enterprises Inc)

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Due Authorization; Validity. The Borrower has taken all necessary action to authorize the execution, delivery, and performance by it of this Amendment and every other instrument, document, and certificate relating thereto. This Amendment has been duly executed and delivered by the Borrower and is the legal, valid, and binding obligation of the Borrower enforceable against it in accordance with its terms.;

Appears in 2 contracts

Samples: Credit Agreement (Forest City Enterprises Inc), Credit Agreement (Forest City Enterprises Inc)

Due Authorization; Validity. The Borrower has taken all necessary action to authorize the execution, delivery, delivery and performance by it of this Amendment and every other instrument, document, document and certificate relating theretohereto. This Amendment has been duly executed and delivered by the Borrower and is when executed and delivered by the Lender will be a legal, valid, valid and binding obligation of the Borrower enforceable against it in accordance with its terms.;

Appears in 2 contracts

Samples: Credit and Security Agreement (Diy Home Warehouse Inc), Credit and Security Agreement (Diy Home Warehouse Inc)

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Due Authorization; Validity. The Borrower has taken all necessary action to authorize the execution, delivery, and performance by it of this Amendment and the Revolving Loan Notes and every other instrument, document, and certificate relating thereto. This Each of this Amendment and each Revolving Loan Note has been duly executed and delivered by the Borrower and is the legal, valid, and binding obligation of the Borrower enforceable against it in accordance with its respective terms.

Appears in 1 contract

Samples: Credit Agreement (Forest City Enterprises Inc)

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