Common use of Legally Enforceable Agreement Clause in Contracts

Legally Enforceable Agreement. The execution, delivery and performance of this Agreement, each and all of the other Loan Documents and each and all other instruments and documents to be delivered by Borrower or its Affiliates under this Agreement and the creation of all liens and security interests provided for herein are within Borrower's corporate power, have been duly authorized by all necessary or proper corporate action (including the consent of shareholders where required), are not in contravention of any agreement or indenture to which Borrower is a party or by which it is bound, or of the Certificate of Incorporation or By-Laws of Borrower, and are not in contravention of any provision of law and the same do not require the consent or approval of any governmental body, agency, authority or any other Person which has not been obtained and a copy thereof furnished to Lender.

Appears in 3 contracts

Samples: Loan Agreement (Hudson Technologies Inc /Ny), Loan Agreement (Iec Electronics Corp), Revolving Loan Agreement (Hudson Technologies Inc /Ny)

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Legally Enforceable Agreement. The execution, delivery and performance of this Agreement, and each and all of the other Loan Documents and each all and all any other instruments and documents to be delivered by Borrower or its Affiliates under this Agreement hereunder and the creation of all liens and security interests provided for herein are within Borrower's corporate power, have been duly authorized by all necessary or proper corporate action (including the consent of shareholders where required), are not in contravention of any agreement or indenture to which Borrower is a party or by which it is bound, or of the Certificate of Incorporation or By-Laws of Borrower, and are not in contravention of any provision of law and the same do not require the consent or approval of any governmental body, agency, authority or any other Person which has not been obtained and a copy thereof furnished to Lender.

Appears in 1 contract

Samples: Loan Agreement (Viewcast Com Inc)

Legally Enforceable Agreement. The execution, delivery and performance of this Agreement, each and all of the other Loan Documents and each and all other instruments and documents to be delivered by each Borrower or its Affiliates under this Agreement and the creation of all liens and security interests provided for herein are within each Borrower's ’s corporate powerpowers, have been duly authorized by all necessary or proper corporate action (including the consent of shareholders where required), are not in contravention of any agreement or indenture to which either Borrower is a party or by which it is bound, or of the Certificate of Incorporation or By-Laws of either Borrower, and are not in contravention of any provision of law and the same do not require the consent or approval of any governmental body, agency, authority or any other Person which has not been obtained and a copy thereof furnished to Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Ep Medsystems Inc)

Legally Enforceable Agreement. The execution, delivery and performance of this Agreement, each and all of the other Loan Documents and each and all other instruments and documents to be delivered by Borrower or its Affiliates under this Agreement and the creation of all liens and security interests provided for herein are within Borrower's ’s corporate power, have been duly authorized by all necessary or proper corporate action (including the consent of shareholders where required), are not in contravention of any agreement or indenture to which Borrower is a party or by which it is bound, or of the Certificate of Incorporation or By-Laws of Borrower, and are not in contravention of any provision of law and the same do not require the consent or approval of any governmental body, agency, authority or any other Person which has not been obtained and a copy thereof furnished to Lender.

Appears in 1 contract

Samples: Loan Agreement (Hudson Technologies Inc /Ny)

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Legally Enforceable Agreement. The execution, delivery and performance of this Agreement, each and all of the other Loan Documents and each and all other instruments and documents to be delivered by Borrower or its Affiliates under this Agreement and the creation of all liens liens, and security interests provided for herein are within Borrower's corporate power, have been duly authorized by all necessary or proper corporate action (including the consent of shareholders where required), are not in contravention of any agreement or indenture to which Borrower is a party or by which it is bound, or of the Certificate of Incorporation or By-Laws of Borrower, and are not in contravention of any provision of law and the same do not require the consent or approval of any governmental body, agency, authority or any other Person which has not been obtained and a copy thereof furnished to Lender.

Appears in 1 contract

Samples: Loan Agreement (Diversified Security Solutions Inc)

Legally Enforceable Agreement. The execution, delivery and performance of this Agreement, and each and all of the other Loan Documents and each all and all any other instruments and documents to be delivered by Borrower Borrowers or its Affiliates under this Agreement hereunder and the creation of all liens Liens and security interests provided for herein are within Borrower's Borrowers' corporate power, have been duly authorized by all necessary or proper corporate action (including the consent of shareholders where required), are not in contravention of any agreement or indenture to which Borrower is Borrowers are a party or by which it is any of them are bound, or of the Certificate of Incorporation or By-Laws (or equivalent) of BorrowerBorrowers, and are not in contravention of any provision of law and the same do not require the consent or approval of any governmental body, agency, authority or any other Person person which has not been obtained and a copy thereof furnished to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Afp Imaging Corp)

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