Power and Authority; Authorization. The Company has the corporate power and authority and the right to execute and deliver, to perform its obligations under, and to grant the Lien on the Collateral pursuant to, this Security Agreement and has taken all necessary corporate action to authorize its execution, delivery and performance of, and grant of the Lien on the Collateral pursuant to, this Security Agreement.
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Samples: Credit Agreement (Carter William Co /Ga/), Credit Agreement (Werner Holding Co Inc /Pa/)
Power and Authority; Authorization. The Company has the corporate power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Lien on the Collateral pursuant to, this Security Agreement and has taken all necessary corporate action to authorize its execution, delivery and performance of, and grant of the Lien on the Collateral pursuant to, this Security Agreement.
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Power and Authority; Authorization. The Company has the corporate power and authority and the legal right to execute and deliver, to perform its obligations under, and to grant the Lien Security Interest on the Collateral pursuant to, to this Security Agreement and has taken all necessary corporate action to authorize its execution, delivery and performance of, and grant of the Lien Security Interest on the such Collateral pursuant to, this Security Agreement.
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