Common use of Authorization and Consents Clause in Contracts

Authorization and Consents. All necessary corporate or limited liability company or similar action has been taken by each Obligor to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, such Obligor to enter into and perform its obligations under the Loan Documents to which it is a party, and to borrow, service and repay the Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Loan or any part thereof;

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

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Authorization and Consents. All necessary corporate or limited liability company or similar action has been taken by each Obligor to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, such Obligor permit it to enter into and perform its obligations under the Loan Transaction Documents to which it is a party, party and to borrow, service and repay the Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Loan or any part thereof;

Appears in 1 contract

Samples: Consent and Agreement (SEACOR Marine Holdings Inc.)

Authorization and Consents. All necessary corporate or limited liability company or similar action action, as the case may be, has been taken by each Obligor to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, such Obligor each Security Party to enter into and perform its obligations under the Loan Documents to which it is a partyand, and in the case of the Borrower, to borrow, service and repay the Loan Advances and the Reimbursement Obligations and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Loan Advances and the Reimbursement Obligations or any part thereof;

Appears in 1 contract

Samples: Credit Agreement (Chiles Offshore Inc/New/)

Authorization and Consents. All all necessary corporate or corporate, limited liability company or similar action has been taken by each Obligor to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, such Obligor each of the Obligors to enter into and perform its respective obligations under this Agreement and the other Loan Documents to which it is a party, and to borrow, service and repay the Loan Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Loan Facility or any part thereof;

Appears in 1 contract

Samples: Credit Facility Agreement (Tidewater Inc)

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Authorization and Consents. All necessary corporate or limited liability company or similar action has been taken by each Obligor the Owner to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, such Obligor the Owner to enter into and perform its obligations under this Mortgage and the Loan other Transaction Documents to which it is a party, and to borrow, service and repay the Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Loan or any part thereof;

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Authorization and Consents. All necessary corporate or limited liability company or similar action has been taken by each Obligor to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, such Obligor each Security Party to enter into and perform its obligations under the Loan Transaction Documents to which it is a party, party and to borrow, service and repay the Loan and, as of the date of this Agreement, and no further consents or authorities are necessary for the service and repayment of the Loan or any part thereof;

Appears in 1 contract

Samples: Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.)

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