Common use of Power, Authority, Consents Clause in Contracts

Power, Authority, Consents. Each Loan Party has the power to execute, deliver and perform the Loan Documents to be executed by it. The Borrower has the power to request extensions of credit hereunder and has taken all necessary action, corporate or otherwise, to authorize the extensions of credit hereunder on the terms and conditions of this Agreement. Each Loan Party has taken all necessary action, corporate or otherwise, to authorize the execution, delivery and performance of the Loan Documents to be executed by it. No consent or approval of any Person (including, without limitation, any stockholder of any Loan Party), no consent or approval of any landlord or mortgagee, no waiver of any Lien or right of distraint or other similar right and no consent, license, certificate of need, approval, authorization or declaration of any governmental authority, bureau or agency, is or will be required in connection with the execution, delivery or performance by any Loan Party of, the extensions of credit under, or the validity or enforceability of, the Loan Documents, except as set forth on Schedule 5.02 hereto, each of which either has been duly and validly obtained on or prior to the date hereof and is now in full force and effect, or is designated on Schedule 5.02 as waived by the Required Lenders.

Power, Authority, Consents. Each Borrower and each other Loan Party has the power to execute, deliver and perform the Loan Documents to be executed by it. The Each Borrower has the power to request extensions of credit borrow hereunder and has taken all necessary action, corporate or otherwise, action to authorize the extensions of credit borrowing hereunder on the terms and conditions of this Agreement. Each Borrower and each other Loan Party has taken all necessary action, corporate or otherwise, to authorize the execution, delivery and performance of the Loan Documents to be executed by it. No consent or approval of any Person (including, without limitation, any stockholder of any corporate Loan Party or any partner in any partnership Loan Party), no consent or approval of any landlord or mortgagee, no waiver of any Lien or right of distraint or other similar right and no consent, license, certificate of need, approval, authorization or declaration of any governmental authority, bureau or agency, is or will be required in connection with the execution, delivery or performance by any Borrower or any other Loan Party of, the extensions of credit underParty, or the validity validity, enforcement or enforceability ofpriority, of the Loan Documents, except as set forth on Schedule 5.02 3.2 hereto, each of which either has been duly and validly obtained on or prior to the date hereof and is now in full force and effect, or is designated on Schedule 5.02 3.2 as waived by the Required LendersBanks.

Power, Authority, Consents. Each The Borrower and each Loan Party has the power to execute, deliver and perform the Loan Documents to be executed by itDocuments. The Borrower has the power to request extensions of credit borrow hereunder and has taken all necessary action, corporate or otherwise, action to authorize the extensions of credit borrowing hereunder on the terms and conditions of this Agreement. Each The Borrower and each Loan Party has taken all necessary action, corporate or otherwise, to authorize the execution, delivery and performance of the Loan Documents to be executed by itDocuments. No consent or approval of any Person (including, without limitation, any stockholder of any Loan Partythe Borrower), no consent or approval of any landlord or mortgagee, no waiver of any Lien or right of distraint or other similar right and no consent, license, certificate of need, approval, authorization or declaration of any governmental authority, bureau or agency, is or will be required in connection with the execution, delivery or performance by the Borrower or any Loan Party of, the extensions of credit underParty, or the validity validity, enforcement or enforceability ofpriority, of the Loan DocumentsDocuments or any Lien created and granted thereunder, except as set forth on Schedule 5.02 Exhibit C hereto, each of which either has been duly and validly obtained on or prior to the date hereof and is now in full force and effect, or is designated on Schedule 5.02 Exhibit C as waived by the Required LendersMajority Banks.

Power, Authority, Consents. (a) Each Loan Party has the power to execute, deliver and perform the Loan Documents to be executed by it. The , (b) the Borrower has the power to request extensions of credit hereunder borrow under this Agreement and has taken all necessary action, corporate or otherwise, action to authorize the extensions of credit hereunder borrowing on the terms and conditions of this Agreement. Each , and (c) each Loan Party has taken all necessary action, corporate or otherwise, to authorize the execution, delivery and performance of the Loan Documents to be executed by it. No consent or approval of any Person (including, without limitation, any including the stockholder of the Borrower or any other Loan Party), no consent or approval of any landlord or mortgagee, no waiver of any Lien or right of distraint or other similar right and no consent, license, certificate of need, approval, authorization or declaration of any governmental authority, bureau or agency, agency is or will be required in connection with the execution, delivery or performance by any Loan Party ofor for the validity, enforcement or priority of the extensions of credit under, Loan Documents or the validity or enforceability of, the Loan Documents, Agent's Lien except as set forth on the attached Schedule 5.02 hereto2, each of which either has been duly and validly obtained on or prior to the date hereof of the restatement of this Agreement and is now in full force and effect, effect or is designated on the attached Schedule 5.02 2 as waived by the Required LendersMajority Banks.