Common use of Authorization of Borrowing Etc Clause in Contracts

Authorization of Borrowing Etc. A. Authorization of Borrowing. The execution, delivery and performance of the Loan Documents have been duly authorized by all necessary action on the part of each Loan Party that is a party thereto.

Appears in 3 contracts

Samples: Credit Agreement (Fibernet Telecom Group Inc\), Senior Secured Credit Agreement (Amf Bowling Worldwide Inc), Credit Agreement (Farmland Industries Inc)

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Authorization of Borrowing Etc. A. Authorization of Borrowing. The execution, delivery and performance of the each Loan Documents Document and each Related Agreement to which it is a party have been duly authorized by all necessary action on the part of each Loan Party that is a party theretothe Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Assurant Inc), Credit Agreement (Assurant Inc)

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Authorization of Borrowing Etc. A. Authorization of Borrowing. The execution, delivery and performance of the Loan Documents have been duly authorized by all necessary action on the part of each Loan Party member of the Borrower Group that is a party thereto.

Appears in 1 contract

Samples: Credit Agreement (Fibernet Telecom Group Inc\)

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