Common use of Corporate Power; Authorization Clause in Contracts

Corporate Power; Authorization. The Borrower has the corporate power, and has been duly authorized by all requisite corporate action, to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by the Borrower.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Watson Wyatt Worldwide, Inc.), Credit Agreement (Watson Wyatt Worldwide, Inc.), Credit Agreement (Watson Wyatt & Co Holdings)

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Corporate Power; Authorization. The Borrower has Borrowers have the corporate power, and has have been duly authorized by all requisite action (corporate actionor otherwise), to execute and deliver this Agreement Amendment and to perform its their obligations hereunderhereunder and thereunder. This Agreement Amendment has been duly executed and delivered by each of the BorrowerBorrowers.

Appears in 7 contracts

Samples: Loan Agreement (Thermoview Industries Inc), Thermoview Industries Inc, Thermoview Industries Inc

Corporate Power; Authorization. The Borrower has the corporate power, and has been duly authorized by all requisite corporate action, to execute and deliver this Agreement and to perform its obligations hereunderhereunder and thereunder. This Agreement has been duly executed and delivered by the Borrower.

Appears in 5 contracts

Samples: Master Security Agreement and Note (Atchison Casting Corp), Forbearance Agreement (Atchison Casting Corp), Forbearance Agreement (Ametech Inc)

Corporate Power; Authorization. The Borrower has the corporate full legal power, and has been duly authorized by all requisite corporate or limited liability company action, to execute and deliver this Agreement Amendment, and to perform its obligations hereunder. This Agreement Borrower has been duly executed and delivered by the Borrowerthis Amendment, which agreement is fully enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Forbearance and Standstill Agreement (Nedak Ethanol, LLC), Forbearance and Standstill Agreement (Nedak Ethanol, LLC)

Corporate Power; Authorization. The Borrower has the corporate powerpower and authority and the legal right to make, deliver and has been duly authorized by all requisite corporate action, to execute and deliver perform this Agreement and the other Loan Documents to perform its obligations hereunderwhich it is a party. This Agreement Borrower has been duly executed and delivered taken all necessary corporate action (including, but not limited to, the obtaining of any consent of stockholders required by law or by the Certificate of Incorporation or By-Laws of Borrower) to authorize the execution, delivery and performance of the Loan Documents to which it is a party or by which it is otherwise affected and to authorize the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Security Agreement (Medallion Financial Corp)

Corporate Power; Authorization. The Each Borrower has the corporate power, and has been duly authorized by all requisite corporate action, to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by the BorrowerBorrowers.

Appears in 1 contract

Samples: Forbearance Agreement (Advanced Lighting Technologies Inc)

Corporate Power; Authorization. The Borrower has the corporate power, power and has been duly authorized by all requisite corporate action, to execute and deliver this Forbearance Agreement and to perform its obligations hereunder. This Forbearance Agreement has been duly executed and delivered by the Borrower.

Appears in 1 contract

Samples: Forbearance Agreement (Nbi Inc)

Corporate Power; Authorization. The Borrower has the corporate full legal power, and has been duly authorized by all requisite corporate or limited liability company action, to execute and deliver this Agreement and the agreements set forth herein or contemplated hereby, and to perform its obligations hereunderhereunder and thereunder. This Agreement Borrower has been duly executed and delivered by this Agreement, which agreement constitutes the legal, valid and binding obligation of Borrower, fully enforceable in accordance with its terms.

Appears in 1 contract

Samples: Collateral Maintenance and Preservation Agreement (Nedak Ethanol, LLC)

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Corporate Power; Authorization. The Borrower has Borrowers have the corporate or organizational power, and has have been duly authorized by all requisite action (corporate actionor otherwise), to execute and deliver this Agreement Amendment and to perform its their obligations hereunderhereunder and thereunder. This Agreement Amendment has been duly executed and delivered by each of the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Layne Christensen Co)

Corporate Power; Authorization. The Borrower has the corporate power, power and authority and has been duly authorized by all requisite corporate action, action to execute and deliver this Agreement Amendment and to perform its obligations hereunder. This Agreement Amendment has been duly executed and delivered by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Darling International Inc)

Corporate Power; Authorization. The Each Borrower has the corporate power, and has been duly authorized by all requisite corporate action, to execute and deliver this Agreement Amendment and to perform its obligations hereunder. This Agreement Amendment has been duly executed and delivered by the BorrowerBorrowers.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Multiband Corp)

Corporate Power; Authorization. The Borrower has the corporate power, and has been duly authorized by all requisite corporate action, to execute and deliver this Agreement Amendment and to perform its obligations hereunderhereunder and thereunder. This Agreement Amendment has been duly executed and delivered by the Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

Corporate Power; Authorization. The Borrower has the corporate full legal power, and has been duly authorized by all requisite corporate or limited liability company action, to execute and deliver this Agreement Agreement, and to perform its obligations hereunder. This Agreement Borrower has been duly executed and delivered by the Borrowerthis Agreement, which agreement is fully enforceable in accordance with its terms.

Appears in 1 contract

Samples: Forbearance and Standstill Agreement (Nedak Ethanol, LLC)

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