Common use of FURTHER RESOLVED Clause in Contracts

FURTHER RESOLVED. That each of the Partnerships, in connection with the Loan Agreement, grant to the Lender a security interest in its assets pursuant to the Loan Agreement and in connection therewith to enter into such other agreements as may be requested by the Lender; and that the Officers be, an each of them acting singly hereby is, authorized to execute from time to time agreements, any documents and amendments as are deemed necessary or appropriate by Lender to collateralize the borrowings under the Loan Agreement and maintain a prior and perfected interest in the Collateral, as defined in the Loan Agreement, in favor of the Lender.

FURTHER RESOLVED. That each of the PartnershipsCompanies, in connection with the Loan Agreement, grant to the Lender a security interest in its assets pursuant to the Loan Agreement and in connection therewith to enter into such other agreements as may be requested by the Lender; and that the Officers be, an each of them acting singly hereby is, authorized to execute from time to time agreements, any documents and amendments as are deemed necessary or appropriate by Lender to collateralize the borrowings under the Loan Agreement and maintain a prior and perfected interest in the Collateral, as defined in the Loan Agreement, in favor of the Lender.

FURTHER RESOLVED. That each of the PartnershipsCompany, in connection with the Loan Agreement, grant to the Lender a security interest in its assets pursuant to the Loan Agreement and in connection therewith to enter into such other agreements as may be requested by the Lender; and that the Officers be, an each of them acting singly hereby is, authorized to execute from time to time agreements, any documents and amendments as are deemed necessary or appropriate by Lender to collateralize the borrowings under the Loan Agreement and maintain a prior and perfected interest in the Collateral, as defined in the Loan Agreement, in favor of the Lender.