Common use of Due Authorization Clause in Contracts

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 287 contracts

Samples: Credit and Guaranty Agreement (Karyopharm Therapeutics Inc.), Credit Agreement (Healthpeak Properties, Inc.), Credit and Guaranty Agreement (Bioventus Inc.)

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Due Authorization. The execution, delivery and performance of the Credit Documents to which each Credit Party is a party have been duly authorized by all necessary action on the part of each such Credit Party that is a party theretoParty.

Appears in 22 contracts

Samples: Revolving Credit Agreement (OppFi Inc.), Senior Secured Loan Agreement (Greenidge Generation Holdings Inc.), Revolving Credit Agreement (OppFi Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary corporate action or similar proceedings (including, without limitation, approval by the board of directors, shareholders, members or partners) on the part of each Credit Party that is a party thereto.

Appears in 8 contracts

Samples: Credit and Guaranty Agreement (AvidXchange Holdings, Inc.), Credit and Guaranty Agreement (fuboTV Inc. /FL), Credit and Guaranty Agreement (FaceBank Group, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.. Section 6.4

Appears in 7 contracts

Samples: Credit Agreement (Ebix Inc), Credit Agreement (Orion Group Holdings Inc), Credit Agreement (Orion Group Holdings Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action corporate or limited liability or other entity action, as applicable, on the part of each Credit Party that is a party thereto.

Appears in 6 contracts

Samples: Term Loan Credit and Guaranty Agreement (2U, Inc.), Term Loan Credit and Guaranty Agreement (2U, Inc.), First Lien Credit and Guaranty Agreement (Airbnb, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party theretothereto (except that any Owner Trustee has not yet received instructions from the beneficiary of the Owner Trust).

Appears in 6 contracts

Samples: Credit and Guaranty Agreement (Cit Group Inc), Credit and Guaranty Agreement (Cit Group Inc), Credit and Guaranty Agreement (Cit Group Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary corporate or other action on the part of each Credit Party that is a party thereto.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents by each Credit Party have been duly authorized by all necessary corporate or other organizational action on the part of each Credit Party that is a party thereto.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement, Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC), First Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party theretothereto (except that any Owner-Trustee has not yet received instructions from the beneficiary of the owner trust).

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Cit Group Inc), Collateral Agreement (Cit Group Inc), Lease Agreement (Cit Group Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary corporate or similar action on the part of each Credit Party that is a party thereto.

Appears in 4 contracts

Samples: Credit Agreement (MSP Recovery, Inc.), Credit Agreement (MSP Recovery, Inc.), Credit Agreement (Sun Communities Inc)

Due Authorization. The execution, delivery and performance of the Credit Transaction Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 4 contracts

Samples: Credit Agreement (FS Energy & Power Fund), Credit Agreement (FS Investment Corp III), Credit Agreement (FS Investment Corp II)

Due Authorization. The execution, delivery and performance of the Credit Transaction Documents have been duly authorized by all necessary action on the part of each of Credit Party that is a party thereto.

Appears in 4 contracts

Samples: Credit Agreement and Margining Agreement (Blue Owl Technology Income Corp.), Credit Agreement (Kennedy Lewis Capital Co), Credit Agreement (Apollo Debt Solutions BDC)

Due Authorization. The execution, delivery and performance of each of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 3 contracts

Samples: Credit Agreement (Hibbett Inc), Credit Agreement (Citizens, Inc.), Credit Agreement (Hibbett Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary corporate or other company action on the part of each Credit Party that is a party thereto.

Appears in 2 contracts

Samples: Intercreditor Agreement (Alion Science & Technology Corp), Assignment and Assumption Agreement (Alion Science & Technology Corp)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Domestic Credit Party that is a party thereto.

Appears in 2 contracts

Samples: Revolving Loan and Guaranty Agreement (Fedders Corp /De), Term Loan and Guaranty Agreement (Fedders Corp /De)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party and OZ Subsidiary that is a party thereto.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC), Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC)

Due Authorization. The execution, delivery and performance of the each Credit Documents have Document has been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (IMS Health Holdings, Inc.), Credit and Guaranty Agreement (IMS Health Holdings, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents Documents, subject to the entry and terms of the Bankruptcy Court Orders, have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Syntax-Brillian Corp), Possession Financing Agreement (Granite Broadcasting Corp)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary corporate, partnership or limited liability company, as applicable, action on the part of each Credit Party that is a party thereto.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Dura Automotive Systems Inc), Credit and Guaranty Agreement (Dura Automotive Systems Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto. 4.4.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\), Credit and Guaranty Agreement (Newtek Business Services Corp.)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.. 4.4

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Covanta Holding Corp), Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents and the Related Agreements to which each Credit Party is a party have been duly authorized by all necessary action on the part of each such Credit Party that is a party theretoParty.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc)

Due Authorization. The execution, delivery and performance by each Credit Party of the Credit Documents to which it is a party have been duly authorized by all necessary corporate or other organizational action on the part of each such Credit Party that is a party theretoParty.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Kv Pharmaceutical Co /De/), Credit and Guaranty Agreement (Kv Pharmaceutical Co /De/)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary corporate action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aurora Diagnostics Holdings LLC)

Due Authorization. The execution, delivery and performance of the Credit Documents and the Effective Date Transaction Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Focal Communications Corp)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto, subject, in the case of the Debtors, to the entry of the Interim Order (or Final Order, when applicable).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ambassadors International Inc)

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Due Authorization. The execution, delivery and performance of the each Credit Documents have Document has been duly authorized by all necessary corporate (or equivalent) action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NRC Group Holdings Corp.)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party and each other Collateral Grantor that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (P10, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Financing Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary limited liability company action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Madison Square Garden Co)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.. 105

Appears in 1 contract

Samples: Credit and Guaranty Agreement (KAMAN Corp)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party theretothereto (except that any Owner-Trustee has not yet received instructions from the beneficiary of the Owner Trust).

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Cit Group Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents and the First Lien Credit Facilities have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Day International Group Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party Borrower that is a party thereto.

Appears in 1 contract

Samples: Credit Agreement (Heckmann CORP)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party Restricted Person that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Energy Transfer Partners, L.P.)

Due Authorization. The execution, delivery and performance of the Credit Documents and the consummation of the transactions contemplated thereby have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit Agreement (Energy & Exploration Partners, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents to which each Credit Party and Company Party is a party have been duly authorized by all necessary action on the part of each such Credit Party that is a party theretoand Company Party, as applicable.

Appears in 1 contract

Samples: Credit Agreement (F45 Training Holdings Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents and the Restructuring Transaction Documents have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Xo Communications Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents and the Equity Documents to which each Credit Party is a party have been duly authorized by all necessary action on the part of each such Credit Party that is a party theretoParty.

Appears in 1 contract

Samples: Credit Agreement (Healing Co Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents and the Second Lien Term Facility have been duly authorized by all necessary action on the part of each Credit Party that is a party thereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Day International Group Inc)

Due Authorization. The execution, delivery and performance of the Credit Documents have been duly authorized by all necessary action on the part of each Credit Party Obligor that is a party thereto.

Appears in 1 contract

Samples: Reimbursement and Guaranty Agreement (Delek US Holdings, Inc.)

Due Authorization. The execution, delivery and performance of the Credit Documents to which it is a party have been duly authorized by all necessary action on the part of each Credit Party that is a party theretoBorrower.

Appears in 1 contract

Samples: Credit Agreement (Tiptree Financial Inc.)

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