Common use of Transaction is Legal and Authorized Clause in Contracts

Transaction is Legal and Authorized. The execution and delivery of this Agreement, any Note and the other Security Documents by Borrower, and the grant of the Liens to Lender with respect to the Collateral by Borrower and compliance by Borrower with all of the provisions of this Agreement, any Note and the other Security Documents are:

Appears in 2 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

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Transaction is Legal and Authorized. The execution and delivery of this Agreement, any the Note and the other Security Documents by Borrower, the Debtor and the grant of the Liens to the Lender with respect to the Collateral by Borrower the Debtor and compliance by Borrower the Debtor with all of the provisions of this Agreement, any the Note and the other Security Documents are:

Appears in 1 contract

Samples: General Loan and Security Agreement (Mego Financial Corp)

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Transaction is Legal and Authorized. The execution and delivery of this Agreement, any Note the Notes and the other Security Documents by Borrower, the Borrower and the grant of the Liens to the Lender with respect to the Collateral by the Borrower and compliance by the Borrower with all of the provisions of this Agreement, any Note the Notes and the other Security Documents are:

Appears in 1 contract

Samples: Loan and Security Agreement (Asc Holdings Inc)

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