Common use of Requisite Power Clause in Contracts

Requisite Power. Borrower has all requisite power to borrow the sums provided for in this Agreement and has all requisite power to execute, deliver, issue and perform this Agreement and all other Borrower Loan Documents to which it is a party. The individuals signing the Borrower Loan Documents have all requisite power to act on Borrower’s behalf in connection with Borrower’s execution, delivery and performance of this Agreement and the other Borrower Loan Documents to which it or Borrower is a party and the consummation of the transactions hereunder.

Appears in 1 contract

Samples: Borrower Loan Agreement

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Requisite Power. Borrower has all requisite power to borrow the sums provided for in this Agreement and has all requisite power to execute, deliver, issue and perform this Agreement and all other Borrower Loan Documents to which it is a party. The individuals signing the Borrower Loan Documents have all requisite power to act on BorrowerXxxxxxxx’s behalf in connection with BorrowerXxxxxxxx’s execution, delivery and performance of this Agreement and the other Borrower Loan Documents to which it or Borrower is a party and the consummation of the transactions hereunder.

Appears in 1 contract

Samples: Borrower Loan Agreement

Requisite Power. Borrower has all requisite partnership power to borrow the sums provided for in this Agreement and has all requisite power to execute, deliver, issue and perform this Agreement and all other Borrower Loan Documents to which it is a partyparty and to consummate the transactions hereunder and thereunder. The individuals signing the Borrower Loan Documents have General Partner has all requisite power to act on Borrowerits own behalf and as Xxxxxxxx’s behalf general partner in connection with Borrowerits and Xxxxxxxx’s execution, delivery and performance of this Agreement and the other Borrower Loan Documents to which it or Borrower is a party and the consummation of the transactions hereunderhereunder or thereunder.

Appears in 1 contract

Samples: Supplemental Agreement

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Requisite Power. Borrower has all requisite partnership power to borrow the sums provided for in this Agreement and has all requisite power to execute, deliver, issue and perform this Agreement and all other Borrower Loan Documents to which it is a partyparty and to consummate the transactions hereunder and thereunder. The individuals signing the Borrower Loan Documents have General Partner has all requisite power to act on its own behalf and as Borrower’s behalf general partner in connection with its and Borrower’s execution, delivery and performance of this Agreement and the other Borrower Loan Documents to which it or Borrower is a party and the consummation of the transactions hereunderhereunder or thereunder.

Appears in 1 contract

Samples: Supplemental Agreement

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