Common use of Authorization of Borrowing Clause in Contracts

Authorization of Borrowing. The Borrowers have the power and authority to incur the Indebtedness evidenced by the Note. The execution, delivery and performance by each Borrower Party of each of the Loan Documents to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all necessary limited liability company, partnership, trustee, corporate or other action, as the case may be.

Authorization of Borrowing. The Borrowers have the power and authority to incur the Indebtedness evidenced by the NoteNotes. The execution, delivery and performance by each Borrower Party of each of the Loan Documents to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all necessary limited liability company, partnership, trustee, corporate or other action, as the case may be.

Authorization of Borrowing. The Borrowers have Each Borrower has the power and authority to incur the Indebtedness evidenced by the Note. The execution, delivery and performance by each Borrower Party of each of the Loan Documents to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all necessary limited liability company, partnership, trusteetrust, corporate or other action, as the case may be.

Authorization of Borrowing. The Borrowers have the power and authority to incur the Indebtedness evidenced by the Note. The execution, delivery and performance by each Borrower Party of each of the Loan Documents to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all necessary limited liability company, partnership, trustee, corporate or other action, as the case may be.

Authorization of Borrowing. The Borrowers have Borrower has the power and authority to incur the Indebtedness evidenced by the NoteTransaction Documents. The execution, delivery and performance by each Borrower Party of each of the Loan Transaction Documents to which it is a party and the consummation of the transactions contemplated thereby thereby, have been duly authorized by all necessary limited liability company, partnership, trustee, corporate or other action, as the case may be.

Authorization of Borrowing. The Borrowers have Borrower has the corporate power and authority to incur the Indebtedness evidenced by the NoteNotes. The execution, delivery and performance by each Borrower Party of each of the Loan Related Transactions Documents to which it is a party and the consummation of the transactions contemplated thereby Related Transactions by Borrower have been duly authorized by all necessary limited liability companycorporate and shareholder action. On the Closing Date, partnershipthe execution, trustee, delivery and performance of the Related Transactions Documents by Borrower and each other Loan Party signatory thereto will have been duly authorized by all necessary corporate or other action, as the case may beand shareholder action of such Person.

Authorization of Borrowing. The Borrowers have Borrower has the power and authority to incur the Indebtedness evidenced by the Note. The execution, delivery and performance by each Borrower Party of each of the Loan Documents to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all necessary limited liability company, partnership, trustee, corporate or other action, as the case may be.

Authorization of Borrowing. The Borrowers have Borrower has the power and authority to incur the Indebtedness evidenced by the NoteNotes. The execution, delivery and performance by each Borrower Party of each of the Loan Related Transactions Documents to which it is a party and the consummation of the transactions contemplated thereby Related Transactions by each Loan Party have been duly authorized by all necessary limited liability company, partnership, trustee, corporate or other and shareholder action, as the case may be.

Authorization of Borrowing. The Borrowers have the power and authority to incur the Indebtedness evidenced by the Note. The execution, delivery and performance by each Borrower Party of each of the Loan Documents to which it is a party and the consummation of the transactions contemplated thereby have been duly authorized by all necessary limited liability company, partnership, trusteetrust, corporate or other action, as the case may be.