Common use of Authority and Compliance Clause in Contracts

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, and to incur the obligations provided for herein, all of which will be duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, the Note, and the Security Instrument, and Borrower is in compliance with all laws and regulatory requirements to which he is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Loan Documents and to incur the obligations provided for hereinindebtedness described in this Agreement, all of which will be has been duly authorized by all proper and necessary corporate actionaction of its managers and members. No further consent or approval of any public authority is required as a condition to the validity of this Agreement, the Note, and the Security Instrumentany Loan Document, and Borrower is in compliance with all laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Note and to incur the obligations provided for herein, all of which will be has been duly authorized by all proper and necessary corporate action. No consent or approval of stockholders or of any public authority is required as a condition to the validity of this Agreement, Agreement or the Note, and the Security Instrument, and Borrower is in compliance with all laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Note and to incur the obligations provided for herein, all of which will be has been duly authorized by all proper and necessary corporate action. No consent or approval of by any stockholder or public authority is required as a condition to the validity of this AgreementAgreement or the Note (or if required, the Note, and the Security Instrumenthas been obtained), and Borrower is in compliance with all laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Note and to incur the obligations provided for hereinindebtedness described in this Agreement, all of which will be has been duly authorized by all proper and necessary corporate action. No further consent or approval of any public authority is required as a condition to the validity of this Agreement, Agreement or the Note, and the Security Instrument, and Borrower is in compliance with all laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the NoteNotes, to mortgage those interests covered by the Security Instruments, and to incur the obligations provided for herein, all of which will be duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, the NoteNotes, and the Security Instrument, and Borrower is in compliance with all laws and regulatory requirements to which he is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security InstrumentsNotes, and to incur the obligations provided for herein, all of which will be duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, the NoteNotes, and the Security InstrumentInstruments, and Borrower is in compliance with all laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, and to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, and to incur the obligations provided for herein, all of which will be have been duly authorized by all proper and necessary corporate action. No consent or approval of stockholders or of any public authority is required as a condition to the validity of this Agreement, Agreement or the Note, and the Security Instrument, and Borrower is in compliance with all laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Loan Agreement, to make the borrowing borrowings hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, evidences of Advances and to incur the obligations provided for herein, all of which will be has been duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, Loan Agreement or the Note, and the Security Instrumentevidences of Advances, and Borrower is in compliance in all material respects with all applicable laws and regulatory requirements to which he it is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make borrow the borrowing hereunderfunds evidenced by the Notes, to execute and deliver the Term Note, to mortgage those interests covered by the Security Instruments, and to incur the obligations provided for herein, all of which will be duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, the NoteNotes, and the Security InstrumentInstruments, and Borrower is in compliance with all laws and regulatory requirements to which he is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make borrow the borrowing hereunderfunds evidenced by the Notes, to execute and deliver the Third Term Note, to mortgage those interests covered by the Security Instruments, and to incur the obligations provided for herein, all of which will be duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, the NoteNotes, and the Security InstrumentInstruments, and Borrower is in compliance with all laws and regulatory requirements to which he is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make borrow the borrowing hereunderfunds evidenced by the Notes, to execute and deliver the Revolver Note, to mortgage those interests covered by the Security Instruments, and to incur the obligations provided for herein, all of which will be duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, the NoteNotes, and the Security InstrumentInstruments, and Borrower is in compliance with all laws and regulatory requirements to which he is subject.

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Loan Documents and to incur the obligations provided for herein, all of which will be has been duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, Agreement or the Note, and the Security InstrumentLoan Documents, and Borrower is in compliance compliance, in all material respects, with all laws and regulatory requirements to which he is subject.Legal Requirements. {A17/04114/0107/W1540274.1 } Loan Agreement

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Loan Documents and to incur the obligations provided for herein, all of which will be has been duly authorized by all proper and necessary corporate action. No consent or approval of any public authority is required as a condition to the validity of this Agreement, Agreement or the Note, and the Security InstrumentLoan Documents, and Borrower is in compliance compliance, in all material respects, with all laws and regulatory requirements to which he is subject.Legal Requirements. {A17/04114/0107/W1540274.1 }

Authority and Compliance. The Borrower has full power and authority to enter into this Agreement, to make the borrowing hereunder, to execute and deliver the Note, to mortgage those interests covered by the Security Instruments, Note and to incur the obligations provided for herein, all of which will be has been duly authorized by all proper and necessary corporate action. No consent or approval of by any other party or public authority is required as a condition to the validity of this AgreementAgreement or the Note (or if required, the Note, and the Security Instrumenthas been obtained), and Borrower is in compliance compliance, in all material respects, with all laws and regulatory requirements to which he it is subject.