Power and Authority; Authorization. Debtor has the power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Liens and security interests on the Collateral pursuant to, this Agreement and has taken all necessary action to authorize its execution, delivery and performance of, and grant of the Liens and security interests on the Collateral pursuant to, this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Venus Exploration Inc), Credit Agreement (Exco Resources Inc)
Power and Authority; Authorization. The Debtor has the power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Liens and security interests and liens on the Collateral pursuant to, this Security Agreement and has taken all necessary corporate and other action to authorize its execution, delivery and performance of, and grant of the Liens and security interests and liens on the Collateral pursuant to, this Security Agreement.
Appears in 2 contracts
Samples: Security Agreement (Baron Energy Inc.), Security Agreement (Baron Energy Inc.)
Power and Authority; Authorization. Debtor has The Debtors have the corporate or other power and authority and the legal right to execute and deliver, to perform its their obligations under, and to grant the Liens and security interests Lien on the Collateral pursuant to, this Security Agreement and has have taken all necessary corporate or other action to authorize its execution, delivery and performance of, and grant of the Liens and security interests Lien on the Collateral pursuant to, this Security Agreement.
Appears in 2 contracts
Samples: Security Agreement (Environmental Tectonics Corp), Security Agreement (Environmental Tectonics Corp)
Power and Authority; Authorization. Each Debtor has the corporate or other power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Liens and security interests Lien on the Collateral pursuant to, this Security Agreement and has taken all necessary corporate or other action to authorize its execution, delivery and performance of, and grant of the Liens and security interests Lien on the Collateral pursuant to, this Security Agreement.
Appears in 2 contracts
Samples: Security Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc)
Power and Authority; Authorization. The Debtor has the power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Bank Liens and security interests on the Collateral pursuant to, this Security Agreement and has taken all necessary corporate and other action to authorize its execution, delivery and performance of, and grant of the Bank Liens and security interests on the Collateral pursuant to, this Security Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Natural Gas Services Group Inc), Modification Agreement (Natural Gas Services Group Inc)
Power and Authority; Authorization. Debtor has The Debtors have the corporate or other power and authority and the legal right to execute and deliver, to perform its their obligations under, and to grant the Liens and security interests on the Collateral pursuant to, this Agreement and has have taken all necessary corporate or other action to authorize its execution, delivery and performance of, and grant of the Liens and security interests on the Collateral pursuant to, this Agreement.
Appears in 2 contracts
Samples: Purchase Agreement (Environmental Tectonics Corp), Purchase Agreement (Environmental Tectonics Corp)
Power and Authority; Authorization. The Debtor has the requisite corporate power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Liens and security interests Lien on the Collateral pursuant to, this Security Agreement and has taken all necessary action to authorize its the execution, delivery and performance of, and grant of the Liens and security interests Lien on the Collateral pursuant to, this Security Agreement.
Appears in 1 contract
Power and Authority; Authorization. The Debtor has the power and authority and the legal right to execute and deliver, to perform its his obligations under, and to grant the Liens and security interests Security Interest on the Collateral pursuant to, this Agreement and has taken all necessary action to authorize its execution, delivery and performance of, and grant of the Liens and security interests on the Collateral pursuant to, this Agreement.
Appears in 1 contract
Samples: Note Agreement (Unicorp Inc /New)
Power and Authority; Authorization. The Debtor has the power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Liens and security interests on the Collateral pursuant to, this Security Agreement and has taken all necessary corporate and other action to authorize its execution, delivery and performance of, and grant of the Liens and security interests on the Collateral pursuant to, this Security Agreement.
Appears in 1 contract
