Common use of Power and Authorization Clause in Contracts

Power and Authorization. (a) The Borrower and/or Guarantor have authorized the execution and delivery of the Note and all other documents contemplated by this Loan Agreement, and such execution and delivery will not violate any law, or any other agreement to which Borrower and/or Guarantor are a party.

Appears in 4 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

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Power and Authorization. (a) The Borrower and/or Guarantor have has authorized the execution and delivery of the Note and all other documents contemplated by this Loan Agreement, and such execution and delivery will not violate any law, or any other agreement to which Borrower and/or Guarantor are is a party.

Appears in 4 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

Power and Authorization. (a) a. The Borrower and/or Guarantor have has authorized the execution and delivery of the Note and all other documents contemplated by this Loan Agreement, and such execution and delivery will not violate any law, or any other agreement to which Borrower and/or Guarantor are is a party.

Appears in 4 contracts

Samples: Loan Agreement (Veritone, Inc.), Loan Agreement (Veritone, Inc.), Loan Agreement (Eastside Distilling, Inc.)

Power and Authorization. (a) The Borrower and/or Guarantor Guarantors have authorized the execution and delivery of the Note and all other documents contemplated by this Loan Agreement, and such execution and delivery will not violate any law, or any other agreement to which Borrower and/or Guarantor Guarantors are a party.

Appears in 2 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

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Power and Authorization. (a) The Board of Directors of Borrower and/or Guarantor have has authorized the execution and delivery of the Note and all other documents contemplated by this Loan Agreement, and such execution and delivery will not violate any law, or the Borrower's charter or bylaws, or any other agreement to which Borrower and/or Guarantor are is a party.

Appears in 1 contract

Samples: Loan Agreement (Radio Systems Corp)

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