Common use of Corporate Capacity Clause in Contracts

Corporate Capacity. The execution, delivery, and performance of the Transaction Documents are within Debtor's corporate powers, have been duly authorized by all necessary and appropriate corporate and shareholder action, and are not in contravention of any law or the terms of Debtor's articles or certificate of incorporation or by-laws or any amendment thereto, or of any indenture, agreement, undertaking, or other document to which Debtor is a party or by which Debtor or any of Debtor's property is bound or affected.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sigmatron International Inc), Security Agreement (American Artists Film Corp/Mo/), Loan and Security Agreement (Computone Corporation)

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Corporate Capacity. The execution, delivery, delivery and performance of the Transaction Documents are within Debtor's corporate powers, have been duly authorized by all necessary and appropriate corporate and shareholder action, and are not in contravention of any law or the terms of Debtor's articles or certificate of incorporation or by-laws or any amendment thereto, or of any indenture, agreement, undertaking, or other document to which Debtor is a party or by which Debtor or any of Debtor's property is bound or affected.

Appears in 3 contracts

Samples: Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc)

Corporate Capacity. The execution, delivery, and performance of the Transaction Documents are within Debtor's corporate powers, have been duly authorized by all necessary and appropriate corporate and shareholder action, and are not in contravention of any law or the terms of Debtor's articles or certificate of incorporation or by-laws bylaws or any amendment thereto, or of any indenture, agreement, undertaking, or other document to which Debtor is a party or by which Debtor or any of Debtor's property is bound or affected.

Appears in 1 contract

Samples: Loan and Security Agreement (Otr Express Inc/Ks)

Corporate Capacity. The execution, delivery, and performance of the Transaction Documents this Agreement are within Debtor's ’s corporate powers, have been duly authorized by all necessary and appropriate corporate and shareholder action, and are not in contravention of any law or the terms of Debtor's articles ’s Certificate of Incorporation or certificate of incorporation or byBy-laws Laws, or any amendment thereto, or of any indenture, agreement, undertaking, or other document to which Debtor is a party party, or by which Debtor or any of Debtor's property is bound or affectedbound.

Appears in 1 contract

Samples: Loan and Security Agreement (Jupitermedia Corp)

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Corporate Capacity. The execution, delivery, and performance of the Transaction Documents are within Debtor's corporate powers, have been duly authorized by all necessary and appropriate corporate and shareholder action, and are not in contravention of any law or the terms of Debtor's articles or certificate of incorporation or by-laws or any amendment thereto, or of any indenture, agreement, undertaking, or other document to which Debtor is a party or by which Debtor or any of Debtor's property is bound or affected.. 4.3

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

Corporate Capacity. The execution, delivery, and performance of the Transaction Documents are within Debtor's corporate powers, have been duly authorized by all dl necessary and appropriate corporate and shareholder action, and are not in contravention of any law or the terms of Debtor's articles or certificate of incorporation or by-laws or any amendment thereto, or of any indenture, agreement, undertaking, or other document to which Debtor is a party or by which Debtor or any of Debtor's Debtor s property is bound or affected.

Appears in 1 contract

Samples: Loan and Security Agreement (Delsoft Consulting Inc)

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