Corporate Authorization definition

Corporate Authorization means, with respect to any Borrower which is a corporation, certifications as to authorized signatories and corporate action with respect to the Loan in the form attached hereto as Exhibit D.

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Corporate Authorization means to include an authorization, resolution, power of attorney and such other corporate action granting authority to the Client to undertake the activities contemplated under the Terms and Conditions.

Corporate Authorization means, with respect to any Franchisee Guarantor which is a corporation, certifications as to authorized signatories and corporate action with respect to the Guaranty Agreement in the form attached hereto as Exhibit B.

Examples of Corporate Authorization in a sentence

• Corporate Authorization..........................................

• Except for matters related to Taxes, which are addressed in Article VI, the representations and warranties of the Parties contained in this Agreement shall survive the Closing for a period of eighteen (18) months after the Closing Date; provided that the Fundamental Representations and the representations and warranties contained in Sections 4.01 (Corporate Existence and Power), 4.02 (Corporate Authorization), 4.05 (Financing), 4.07 (Solvency) and 4.08 (Finders’ Fees) shall survive indefinitely.

• Corporate Authorization ..........................................

• Corporate Authorization.................................................

• Notwithstanding the foregoing, the limitations set forth in this Section 8.3(b) shall not apply to any claims for Losses resulting from or arising out of breaches of the representations and warranties in Section 4.2 (Capital Structure), Section 4.3 (Corporate Authorization), Section 4.6 (Binding Effect) and Section 4.21 (Finders’ Fees), or due to fraud by or on behalf of the Seller.

• Section 4.2 Corporate Authorization Each of Parent and Acquisition Sub has all necessary corporate power and authority to enter into this Agreement and the Amalgamation Agreement and to consummate the transactions contemplated by this Agreement and the Amalgamation Agreement.

• Section 4.1 Corporate Existence and Power 25 Section 4.2 Corporate Authorization 26 Section 4.3 Governmental Authorization 26 Section 4.4 Non-Contravention 27 Section 4.5 Capitalization; Interim Operations of Merger Sub 27 Section 4.6 Parent SEC Filings, etc.

• Corporate Authorization...........................................

• Corporate Authorization............................................

• Corporate Authorization and Authority...............................

More Definitions of Corporate Authorization

Corporate Authorization means, with respect to any Borrower which is a corporation, certifications as to authorized signatories and corporate action with respect to the Loan in the form attached hereto as Exhibit D. “Debt” means (i) indebtedness for borrowed money or for the deferred purchase price of property or services (other than trade accounts payable on customary terms in the ordinary course of business), (ii) financial obligations evidenced by bonds, debentures, notes or other similar instruments, (iii) financial obligations as lessee under leases which shall have been or should be, in accordance with GAAP, recorded as capital leases, and (iv) obligations under direct or indirect guaranties in respect of, and obligations (contingent or otherwise) to purchase or otherwise acquire, or otherwise to assure a creditor against loss in respect of, indebtedness or financial obligations of others of the kinds referred to in clauses (i) through (iii) above. “Debt Service” means, for any particular Borrower and period, the aggregate amount of all payments of principal (excluding any payments of principal required to be made under this Servicing Agreement as a result of any Asset Disposition), interest and fees required to be made by such Borrower with respect to its Debt (other than Debt of the Borrower which is subordinated to the Loan Indebtedness owing to the Bank pursuant to a subordination agreement in form and substance satisfactory to the Bank) during such period to the extent that such Debt arises pursuant to such Borrower’s Loan Agreement or any other financing arrangement with respect to Merchandise. “Default Interest Rate” means the annual percentage interest rate applied to any principal amount outstanding pursuant to a Loan Commitment not paid when due under the terms of the applicable Loan Documents, which rate shall equal the sum of 2% per annum above the Borrower Rate. “Default Waiver Letter” means a waiver letter sent to any Borrower by Servicer upon the request of Sponsor in the form attached hereto as Exhibit B. “Financing Statement” means, with respect to a Loan, a document which among other things, describes the Borrower and the Collateral, the proper filing of which perfects a security