Common use of Due Authorization Clause in Contracts

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Agreement and the other Loan Documents.

Appears in 22 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc), Term Loan Agreement (Public Service Co of New Mexico)

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Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 22 contracts

Samples: Revolving Credit Agreement (Dominion Energy, Inc), Day Term Loan Credit Agreement (Dominion Energy, Inc), Revolving Credit Agreement (Dominion Energy, Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents.

Appears in 21 contracts

Samples: Revolving Credit Agreement (Atmos Energy Corp), Revolving Credit Agreement (Atmos Energy Corp), Term Loan Agreement (Atmos Energy Corp)

Due Authorization. The Such Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 19 contracts

Samples: Credit Agreement (Virginia Electric & Power Co), Credit Agreement (Virginia Electric & Power Co), Credit Agreement (Dominion Resources Inc /Va/)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 17 contracts

Samples: Credit Agreement (Texas New Mexico Power Co), And Restatement of Credit Agreement (Texas New Mexico Power Co), Credit Agreement (Public Service Co of New Mexico)

Due Authorization. The Such Borrower (a) has the requisite corporate or limited liability company, as applicable, power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary action corporate or limited liability company, as applicable, action, to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 15 contracts

Samples: Revolving Credit Agreement (Dominion Energy, Inc), Revolving Credit Agreement (Dominion Energy South Carolina, Inc.), Revolving Credit Agreement (Virginia Electric & Power Co)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action to to, execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 11 contracts

Samples: Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Wisconsin Public Service Corp), Credit Agreement (WPS Resources Corp)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 9 contracts

Samples: Credit Agreement (Atmos Energy Corp), Credit Agreement (Atmos Energy Corp), Credit Agreement (Atmos Energy Corp)

Due Authorization. The Borrower (ai) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (bii) is duly authorized to, and has been authorized by all necessary corporate action to to, execute, deliver and perform this Loan Agreement and the other Loan Credit Documents.

Appears in 7 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 5 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), And Restatement of Credit Agreement (Public Service Co of New Mexico)

Due Authorization. The Borrower (a) has the all requisite corporate power and authority to executeenter into, execute and deliver and perform this Loan Agreement and the other Loan Documents Note and to incur the perform its respective obligations herein hereunder, and therein provided for and (b) has been authorized by taken all necessary corporate action to executerequired for the due authorization, deliver execution, delivery and perform performance by it of this Loan Agreement and the other Loan DocumentsNote.

Appears in 4 contracts

Samples: Cosi Inc, Zam Holdings L P, Cosi Inc

Due Authorization. The Each Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Loan Agreement and the other Loan Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan DocumentsAgreement.

Appears in 4 contracts

Samples: Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Agreement and the other Loan Documents.

Appears in 3 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents to which it is a party and to incur the obligations herein and therein provided for and (b) has been authorized by duly taken all necessary action to authorize, and is duly authorized, to execute, deliver and perform this Loan Credit Agreement and the other Loan DocumentsCredit Documents to which it is a party.

Appears in 3 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan Documents. No action on the part of any Member is required in connection with the execution and delivery by the Borrower of the Loan Documents or the performance of its obligations thereunder.

Appears in 3 contracts

Samples: Credit Agreement (Oglethorpe Power Corp), Credit Agreement (Oglethorpe Power Corp), Credit Agreement (Oglethorpe Power Corp)

Due Authorization. The Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Loan Agreement and the other Loan Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan DocumentsAgreement.

Appears in 2 contracts

Samples: Hubbell Incorporated Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc)

Due Authorization. The Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Loan Agreement and the other Loan Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action action, to execute, deliver and perform this Loan Agreement and the other Loan DocumentsAgreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Hubbell Inc), Assignment and Assumption (Hubbell Inc)

Due Authorization. The Each Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Loan Agreement and the other Loan Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action action, to execute, deliver and perform this Loan Agreement and the other Loan DocumentsAgreement.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Hubbell Inc)

Due Authorization. The Borrower (a) has the requisite corporate or limited liability company power and authority to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate or limited liability company action to to, execute, deliver and perform this Loan Agreement and the other Loan Credit Documents.

Appears in 2 contracts

Samples: Five Year Credit Agreement (Integrys Energy Group, Inc.), Five Year Credit Agreement (Integrys Energy Group, Inc.)

Due Authorization. The Borrower (a) has the requisite corporate or limited liability company power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate or limited liability company action to to, execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 2 contracts

Samples: Five Year Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.)

Due Authorization. The Borrower (a) has the requisite corporate power and authority and is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for (in respect of all Loans made hereunder on or prior to each date on which this representation and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Agreement and the other Loan Documentswarranty is made or deemed made).

Appears in 1 contract

Samples: Credit Agreement (Mississippi Power Co)

Due Authorization. The Borrower (ai) has the requisite corporate limited liability company power and authority to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (bii) is duly authorized to, and has been authorized by all necessary limited liability company action to to, execute, deliver and perform this Loan Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Wisconsin Energy Corp)

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Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents to which it is a party and to incur the obligations herein and therein provided for for, and (b) is duly authorized to, and has been authorized by all necessary action corporate action, to execute, deliver and perform its obligations under this Loan Credit Agreement and the other Loan DocumentsCredit Documents to which it is a party.

Appears in 1 contract

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc)

Due Authorization. The Borrower (a) has the requisite corporate or limited partnership, as applicable, power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary action corporate or limited partnership, as applicable, action, to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Dominion Energy Midstream Partners, LP)

Due Authorization. The Borrower (a) has the requisite corporate full power and authority to executeenter into this Credit Agreement, to execute and deliver and perform this the Loan Agreement and the other Loan Documents Documents, and to incur the obligations herein and therein provided for and (b) has herein, all of which have been duly authorized by all proper and necessary action to execute, deliver and perform this Loan Agreement and the other Loan Documentscompany action.

Appears in 1 contract

Samples: Credit Agreement (Ocean Bio Chem Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to which it is a party, to incur the obligations herein and therein provided for and to consummate the Acquisition and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Agreement Credit Agreement, the other Credit Documents to which it is a party and the other Loan DocumentsAcquisition Documentation.

Appears in 1 contract

Samples: Term Loan Agreement (PNM Resources Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Bridge Credit Agreement (Southern Co)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Documents to which it is a party and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Agreement and the other Loan DocumentsDocuments to which it is a party.

Appears in 1 contract

Samples: Term Loan Agreement (Public Service Co of New Mexico)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan Documents.. No action on the part of any Member is required in connection with the execution and delivery by the Borrower of the Loan Documents or the performance of its obligations thereunder. 5.3

Appears in 1 contract

Samples: Credit Agreement (Oglethorpe Power Corp)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Reimbursement Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Reimbursement Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Lease (PNM Resources Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action corporate action, to execute, deliver and perform this Loan Agreement and the other Loan Documents.,

Appears in 1 contract

Samples: Credit Agreement (Oglethorpe Power Corp)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Term Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary action corporate action, to execute, deliver and perform this Term Loan Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Term Loan Agreement (Alabama Power Co)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary action to execute, deliver and perform this Loan Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Lease (Public Service Co of New Mexico)

Due Authorization. The Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Loan Agreement and the other Loan Documents and to incur the obligations herein and therein provided for which it is a party and (bii) is duly authorized, and has been authorized by in all necessary action action, to execute, deliver and perform this Loan Agreement and the other Loan DocumentsDocuments to which it is a party.

Appears in 1 contract

Samples: Loan Agreement (Itc Deltacom Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate, partnership or limited liability company action to execute, deliver and perform this Loan Credit Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Spectra Energy Partners, LP)

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