Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower of this Agreement, the other Loan Documents and the Acquisition Documents to which each is a party have been duly authorized by all necessary action on the part of such Borrower.
Appears in 4 contracts
Samples: Credit Agreement (Altra Industrial Motion, Inc.), Credit Agreement (Boston Gear LLC), Credit Agreement (TB Wood's INC)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower such Debtor of this Agreement, the other Loan Documents Agreement and the Acquisition Documents Indenture Agreements to which each it is a party have been duly authorized by all necessary action on the part of such BorrowerDebtor.
Appears in 4 contracts
Samples: Security Agreement (Empire Resorts Inc), Security Agreement (Viskase Companies Inc), Security Agreement (Viskase Companies Inc)
Due Authorization; No Conflict. (a) (i) The execution, delivery, and performance by Borrower of this Agreement and the Loan Documents to which it is a party have been duly authorized by all necessary corporate action. (ii) The execution, delivery, and performance by each Borrower of this Agreement, the other Obligors of the Loan Documents and the Acquisition Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 4 contracts
Samples: Loan and Security Agreement (Fitzgeralds Gaming Corp), Loan and Security Agreement (Childrens Broadcasting Corp), Loan and Security Agreement (Childrens Broadcasting Corp)
Due Authorization; No Conflict. (a) The As to each Borrower, the execution, delivery, and performance by each such Borrower of this Agreement, Agreement and the other Loan Documents and the Acquisition Documents to which each it is a party and the transactions contemplated hereby and thereby are within the corporate (or the equivalent) authority of such Borrower and have been duly authorized by all necessary action on the part of such Borrower.
Appears in 3 contracts
Samples: Term Loan Agreement (Bombay Co Inc), Credit Agreement (Bombay Company Inc), Loan and Security Agreement (Bombay Company Inc)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Guarantor and Borrower of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each is a party have been duly authorized by all necessary action on the part of such BorrowerGuarantors and Borrowers.
Appears in 2 contracts
Samples: Loan and Security Agreement (Majestic Investor Capital Corp), Loan and Security Agreement (Majestic Investor Capital Corp)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower such Debtor of this Agreement, Agreement and the other Loan Documents and the Acquisition Indenture Documents to which each it is a party have been duly authorized by all necessary action on the part of such BorrowerDebtor.
Appears in 2 contracts
Samples: Conformed Copy Security Agreement (MRS Fields Financing Co Inc), Security Agreement (Mortons Restaurant Group Inc)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowerorganizational action.
Appears in 1 contract
Samples: Intellectual Property Security Agreement (Aldila Inc)
Due Authorization; No Conflict. (a) The As to each Obligor, the execution, delivery, and performance by each Borrower such Obligor of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such BorrowerObligor.
Appears in 1 contract
Due Authorization; No Conflict. (a) (1) The execution, delivery, and performance by each Borrower of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
Samples: Loan and Security Agreement (Cai Wireless Systems Inc)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower Borrowers of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower of the Obligors of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such BorrowerObligor.
Appears in 1 contract
Samples: Loan and Security Agreement (Communications & Power Industries Inc)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower and its Subsidiaries of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each is they are a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
Samples: Loan and Security Agreement (Concurrent Computer Corp/De)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower the Obligors of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each is they are a party have been duly authorized by all necessary action on the part of such Borrowerthe Obligors.
Appears in 1 contract
Due Authorization; No Conflict. (aA) The execution, delivery, and performance by each Borrower of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower such Debtor of this Agreement, Agreement and the other Loan Documents and the Acquisition Documents to which each it is a party have been duly authorized by all necessary action on the part of such BorrowerDebtor.
Appears in 1 contract
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each such Borrower of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
Samples: Loan and Security Agreement (Midcom Communications Inc)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower of this Agreement, Agreement and the other Loan Documents and the Acquisition Documents agreements, documents and instruments related to the Restructuring to which each it is a party have been duly authorized by all necessary action on the part of such Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Abraxas Petroleum Corp)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower Debtor of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
Samples: Loan and Security Agreement (Sizzler International Inc)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower Credit Party of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly duty authorized by all necessary action on the part of such the Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Corrections Corp of America/Md)
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower Debtor of this Agreement, Agreement and the other Loan Documents and the Acquisition Indenture Documents to which each it is a party have been duly authorized by all necessary action on the part of such BorrowerDebtor.
Appears in 1 contract
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on corporate or partnership (as the part of such Borrowercase may be) action.
Appears in 1 contract
Due Authorization; No Conflict. (a) The execution, delivery, and performance by each Borrower and Corporate Guarantor of this Agreement, the other Loan Documents Agreement and the Acquisition Loan Documents to which each it is a party have been duly authorized by all necessary action on the part of such Borrowercorporate action.
Appears in 1 contract
