Common use of Authorization, Execution and Delivery Clause in Contracts

Authorization, Execution and Delivery. This Agreement has been duly authorized, executed and delivered by all necessary action on the part of Borrower, and the agreements and obligations of Borrower contained herein constitute legal, valid and binding obligations of Borrower, enforceable in accordance with their respective terms.

Appears in 4 contracts

Samples: Forbearance Agreement (Trailer Bridge Inc), Forbearance Agreement (Trailer Bridge Inc), Forbearance Agreement (Trailer Bridge Inc)

AutoNDA by SimpleDocs

Authorization, Execution and Delivery. This The execution and delivery of this Agreement has by each Borrower and the performance of its obligations hereunder have been duly authorized, authorized by all necessary corporate action in accordance with all applicable Laws. Each Borrower has duly executed and delivered by all necessary action on the part of Borrower, and the agreements and obligations of Borrower contained herein constitute legal, valid and binding obligations of Borrower, enforceable in accordance with their respective termsthis Agreement.

Appears in 3 contracts

Samples: Bridge Loan Agreement (Minim, Inc.), Bridge Loan Agreement (Hitchcock Jeremy P.), Bridge Loan and Security Agreement (Hitchcock Jeremy P.)

AutoNDA by SimpleDocs

Authorization, Execution and Delivery. This The execution and delivery of this Agreement has by the Borrower and the performance of its obligations hereunder have been duly authorized, authorized by all necessary corporate action in accordance with all applicable Laws. The Borrower has duly executed and delivered by all necessary action on the part of Borrower, and the agreements and obligations of Borrower contained herein constitute legal, valid and binding obligations of Borrower, enforceable in accordance with their respective termsthis Agreement.

Appears in 1 contract

Samples: Loan Agreement (Cryomass Technologies, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!