Common use of Authorization of Borrowing Etc Clause in Contracts

Authorization of Borrowing Etc. The execution, delivery and ------------------------------- performance of the Loan Documents (a) have been duly authorized by all requisite corporate action and (b) will not violate any Governmental Requirement, the certificate of incorporation or bylaws of Hibbett or any Consolidated Entity, or any Material Contract to which Hibbett or any Consolidated Entity is a party, or by which Hibbett or any Consolidated Entity or any of their properties are bound, or be in conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such Material Contract.

Appears in 3 contracts

Samples: Credit Agreement (Hibbett Sporting Goods Inc), Credit Agreement (Hibbett Sporting Goods Inc), Credit Agreement (Hibbett Sporting Goods Inc)

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Authorization of Borrowing Etc. The execution, delivery and ------------------------------- performance of the Loan Documents (a) have been duly authorized by all requisite corporate action and (b) will not violate any Governmental Requirement, the certificate of incorporation or bylaws of Hibbett or any Consolidated Entity, or any Material Contract to which Hibbett or any Consolidated Entity is a party, or by which Hibbett or any Consolidated Entity or any of their properties are bound, or be in conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under, any such Material Contract.

Appears in 1 contract

Samples: Credit Agreement (Hibbett Sporting Goods Inc)

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