Common use of Authority to Enter into Loan Documents Clause in Contracts

Authority to Enter into Loan Documents. The Borrower has full power and authority to enter into the Loan Documents and consummate the transactions contemplated hereby, and the facts and matters expressed or implied in the opinions of its legal counsel are true and correct.

Appears in 7 contracts

Samples: Loan Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.), Loan and Security Agreement (ARC Group, Inc.)

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Authority to Enter into Loan Documents. The Borrower has full power and authority to enter into the Loan Documents and consummate the transactions contemplated hereby, and the facts and matters expressed or implied in the opinions of its legal counsel are true and correct.;

Appears in 4 contracts

Samples: Revolving Loan Agreement, Construction Loan Agreement (CNL Growth Properties, Inc.), Revolving Loan Agreement (Superior Uniform Group Inc)

Authority to Enter into Loan Documents. The Borrower has full power and authority to enter into this Agreement and the other Loan Documents and consummate the transactions contemplated herebythereby, and the facts and matters expressed or implied in the opinions of its legal counsel are true and correct.

Appears in 3 contracts

Samples: Construction Line of Credit Loan Agreement (Newmark Homes Corp), Lot Acquisition Loan Agreement (Newmark Homes Corp), Lot Acquisition Loan Agreement (Newmark Homes Corp)

Authority to Enter into Loan Documents. The Borrower has and the Guarantor have full power and authority to enter into the Loan Documents and consummate the transactions contemplated hereby, and the facts and matters expressed or implied in the opinions of its legal counsel are true and correct.

Appears in 3 contracts

Samples: Loan and Security Agreement (Venus Concept Inc.), Loan Agreement (ARC Group, Inc.), Loan Agreement (Optibase LTD)

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Authority to Enter into Loan Documents. The Borrower has full power and authority to enter into the Loan Documents and consummate the transactions contemplated hereby, and the facts and matters expressed or implied in the opinions of its legal counsel are true and correct.

Appears in 2 contracts

Samples: Loan Agreement (Coda Octopus Group, Inc.), Multi Family Housing Developer Agreement

Authority to Enter into Loan Documents. The Borrower has Borrowers have full power and authority to enter into the Loan Documents and consummate the transactions contemplated hereby, and the facts and matters expressed or implied in the opinions of its legal counsel are true and correct.;

Appears in 1 contract

Samples: Loan Agreement (Asset Investors Corp)

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