Parties That Are Not Individuals. If any Party to this agreement is other than an individual (i.e., a corporation, a Limited Liability Company, a Partnership, or a Trust), said Party, and the individual signing on behalf of said Party, hereby represents and warrants that all steps and actions have been taken under the entity’s governing instruments to authorize the entry into this Loan Agreement. Breach of any representation contained in this paragraph is considered a material breach of the Loan Agreement.
Appears in 6 contracts
Samples: Loan Agreement and Promissory Note, Loan Agreement and Promissory Note (L a M Y), Loan Agreement and Promissory Note (L a M Y)
Parties That Are Not Individuals. If any Party to this agreement is other than an individual (i.e., a corporation, a Limited Liability Companylimited liability company, a Partnershippartnership, or a Trusttrust), said Party, and the individual signing on behalf of said Party, hereby represents and warrants that all steps and actions have been taken under the entity’s governing instruments to authorize the entry into this Loan Agreement. Breach of any representation contained in this paragraph is considered a material breach of the Loan Agreement.
Appears in 2 contracts
Samples: Loan Agreement and Promissory Note (flooidCX Corp.), Loan Agreement and Promissory Note (flooidCX Corp.)
