Common use of Authority to Contract Clause in Contracts

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles of incorporation or organization, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 4 contracts

Samples: Security Agreement (PMC International Inc), General Business Security Agreement (Ziegler Companies Inc), General Business Security Agreement (Ziegler Companies Inc)

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Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's ’s articles of incorporation or organization, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 3 contracts

Samples: General Business Security Agreement (Novelos Therapeutics, Inc.), General Business Security Agreement (Telkonet Inc), General Business Security Agreement (Siboney Corp)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles of incorporation or organization, by-laws, partnership agreement, operating agreement bylaws or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 3 contracts

Samples: Security Agreement (Odyssey Marine Exploration Inc), Security Agreement (Western Power & Equipment Corp), Security Agreement (Odyssey Marine Exploration Inc)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles certificate of incorporation or organizationincorporation, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 2 contracts

Samples: General Business Security Agreement (Integrated Information Systems Inc), General Business Security Agreement (Integrated Information Systems Inc)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of the Debtor's articles of incorporation or organization’s organizational documents, by-laws, partnership agreement, operating agreement or any other material agreement or restriction to which the Debtor is a party or is subject. The Debtor is not in default under any agreement for the payment of money.

Appears in 2 contracts

Samples: Security Agreement (1847 Holdings LLC), Security Agreement (1847 Goedeker Inc.)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach _______ of Debtor's articles of incorporation or organizationincorporation, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject. (i) Accuracy of information. All information, certificates or statements given to Lender pursuant to this Agreement shall be true and complete when given.

Appears in 1 contract

Samples: Loan Agreement (DSG International LTD)

Authority to Contract. The execution and delivery of this Security Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles Articles of incorporation or organizationIncorporation, byBy-laws, partnership agreement, operating agreement Laws or any other agreement or restriction to which Debtor is a party or is subject. Debtor is not in default under any agreement for the payment of money.

Appears in 1 contract

Samples: Merger Agreement (Diana Corp)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles Articles of incorporation or organizationIncorporation, by-laws, partnership agreement, operating agreement Bylaws or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 1 contract

Samples: Credit Agreement (Riviera Tool Co)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing the Obligations will not violate or constitute a breach of Debtor's articles Articles of incorporation or organizationIncorporation, by-laws, partnership agreement, operating agreement Code of Regulations or any other agreement or restriction to which Debtor is a party or is subject, which has not been waived.

Appears in 1 contract

Samples: General Security Agreement (I/Omagic Corp)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's ’s articles of incorporation or organization, by-laws, partnership agreement, operating agreement bylaws or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 1 contract

Samples: Security Agreement (Odyssey Marine Exploration Inc)

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Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles of incorporation or organizationincorporation, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 1 contract

Samples: Unit Purchase Agreement (Argyle Security, Inc.)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's ’s articles of incorporation organization or organization, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 1 contract

Samples: General Business Security Agreement (Advanced Biotherapy Inc)

Authority to Contract. The execution and delivery of this Security Agreement and any instruments evidencing Obligations will not violate or constitute a breach of the Debtor's articles ’s Certificate of incorporation Incorporation or organizationBylaws, by-lawsas amended, partnership agreement, operating agreement or any other material agreement or restriction to which any Debtor is a party or is subject.

Appears in 1 contract

Samples: Security Agreement (Catalyst International Inc)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach of Debtor's articles Certificate of incorporation or organizationIncorporation, by-laws, partnership agreement, operating agreement laws or any other agreement or restriction to which Debtor is a party or is subject.

Appears in 1 contract

Samples: Selective Business Security Agreement (Integrated Information Systems Inc)

Authority to Contract. The execution and delivery of this Agreement and any instruments evidencing Obligations will not violate or constitute a breach ____________ of Debtor's articles of incorporation or organizationincorporation, by-laws, partnership agreement, operating agreement or any other agreement or restriction to which Debtor is a party or is subject. (i) Accuracy of information. All information, certificates or statements given to Lender pursuant to this Agreement shall be true and complete when given.

Appears in 1 contract

Samples: Loan Agreement (DSG International LTD)

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