Common use of Authority of Borrower Clause in Contracts

Authority of Borrower. Borrower has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above.

Appears in 22 contracts

Samples: Development Loan Agreement, Subrecipient Agreement, Development Loan Agreement

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Authority of Borrower. Borrower Xxxxxxxx has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above.

Appears in 12 contracts

Samples: Loan Agreement, Loan Agreement, Community Development Block Grant Agreement

Authority of Borrower. Borrower has full power and authority to execute and deliver this Agreement and to make and accept Development Agreement, the borrowings contemplated hereunder, to execute and deliver the other Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Development Agreement, and to perform and observe the terms and provisions of all of the above.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

Authority of Borrower. The Borrower has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Modification Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above.

Appears in 2 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement

Authority of Borrower. The Borrower has full the corporate power and authority authority, and has taken all requisite corporate action, to execute, deliver and perform this Agreement, to borrow hereunder, and to execute and deliver this Agreement all documents and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or required to be executed and delivered, pursuant to this Agreement, and to perform and observe furnished by the terms and provisions of all of the aboveBorrower hereunder.

Appears in 1 contract

Samples: Revolving Loan Agreement (Cognitronics Corp)

Authority of Borrower. Borrower has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan County Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above.

Appears in 1 contract

Samples: Disposition, Development, and Loan Agreement

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Authority of Borrower. The Borrower has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above.

Appears in 1 contract

Samples: Loan Agreement

Authority of Borrower. Borrower has full the power and authority to execute execute, deliver and deliver perform this Agreement and to make and accept the borrowings contemplated borrow hereunder, and to execute and deliver the Loan Documents all documents and all other documents or instruments executed and delivered, or required to be executed furnished by the Borrower hereunder, and deliveredthe execution, pursuant to delivery and performance of this Agreement, and to perform all documents and observe the terms instruments as may be required and provisions of any borrowings hereunder have been duly authorized by all of the aboverequisite action.

Appears in 1 contract

Samples: Loan and Security Agreement (GTJ REIT, Inc.)

Authority of Borrower. Borrower Xxxxxxxx has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivereddelivered by Xxxxxxxx, or to be executed and delivereddelivered by Borrower pursuant to, pursuant to or in connection with, this Agreement, and to perform and observe the all terms and provisions of all of the aboveforegoing.

Appears in 1 contract

Samples: Affordable Housing Loan Agreement

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