Common use of Authorization of Borrowing Clause in Contracts

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

Appears in 19 contracts

Samples: Credit Agreement (La Quinta Properties Inc), Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Bristol Hotels & Resorts Inc)

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

Appears in 12 contracts

Samples: Credit Agreement (Propex Fabrics Inc.), Credit Agreement (FTD Group, Inc.), Credit Agreement (FTD Inc)

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

Appears in 6 contracts

Samples: Credit Agreement (Alliance HealthCare Services, Inc), Credit Agreement (Alliance Imaging Inc /De/), Credit Agreement (Alliance Imaging Inc /De/)

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

Appears in 6 contracts

Samples: Credit Agreement (Atlas Air Inc), Credit Agreement (Atlas Air Worldwide Holdings Inc), Credit Agreement (Atlas Air Inc)

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

Appears in 4 contracts

Samples: Credit Agreement (Manufacturers Services LTD), Credit Agreement (Diamond Brands Operating Corp), Credit Agreement (Horseshoe Gaming Holding Corp)

Authorization of Borrowing. The execution, delivery and performance of this Agreement and the other Loan Documents to which each Loan Party is a party and the issuance, delivery and payment of the Notes have been duly authorized by all necessary corporate corporate, partnership or other action on the part of each Loan Party that is a party theretoParty, as the case may be.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)

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

Appears in 3 contracts

Samples: Credit Agreement (Nacg Finance LLC), Credit Agreement (Viasource Communications Inc), Credit Agreement (Viasource Communications Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (Varco International Inc), Credit Agreement (Varco International Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary corporate corporate, limited liability company and/or partnership (as applicable) action on the part of each Loan Party that is a party thereto.

Appears in 2 contracts

Samples: Credit Agreement (Anthony Crane Holdings Capital Corp), Revolving Credit Agreement (Anthony Crane Holdings Capital Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Dominicks Supermarkets Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Houlihans Restaurant Group Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Oxford Health Plans Inc)

Authorization of Borrowing. The execution, delivery and performance of the each Loan Documents Document have been duly authorized by all necessary corporate action on the part of each Loan Party that which is a party theretoto such Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Bay Area Warehouse Stores Inc)

Authorization of Borrowing. The execution, delivery and performance of the Revolving Loan Documents Documents, the Related Agreements and the Anagram Acquisition Agreement have been duly authorized by all necessary corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Samples: Revolving Loan Credit Agreement (Amscan Holdings Inc)

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Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary corporate action on the part of each Loan Party of Company and its Subsidiaries that is a party thereto.

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Prime Succession Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Bell & Howell Operating Co)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents Documents, the Related Agreements and the Anagram Acquisition Agreement have been duly authorized by all necessary corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Samples: Axel Credit Agreement (Amscan Holdings Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the carrying out of the transactions contemplated thereby have been duly authorized by all necessary corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents have been duly authorized by all necessary corporate or partnership, as the case may be, action on the part of each Loan Party that is a party theretoParty.

Appears in 1 contract

Samples: Credit Agreement (James Cable Finance Corp)

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

Appears in 1 contract

Samples: Priority Secured Credit Agreement (Loews Cineplex Entertainment Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents to which it is a party have been duly authorized by all necessary corporate action on the part of each Loan Party that is a party theretoCompany.

Appears in 1 contract

Samples: Credit Agreement (Oakley Inc)

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