Common use of Authorization of Guaranty Clause in Contracts

Authorization of Guaranty. The Guarantor has the right and power and has taken all necessary action to authorize it to guarantee the Guaranteed Obligations hereunder and to execute, deliver and perform this Guaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of the Guarantor and is a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Authorization of Guaranty. The Guarantor has the right and power and has taken all necessary action authority to authorize it to guarantee the Guaranteed Obligations hereunder enter into this Guaranty Agreement and to execute, deliver perform its obligations under and perform consummate the transactions contemplated by this Guaranty in accordance with its termsAgreement and has by proper corporate action duly authorized the execution and delivery of this Guaranty Agreement. This Guaranty has been duly executed and delivered by the duly authorized officers of the Guarantor and Agreement is a legal, valid and binding obligation of the Guarantor enforceable in accordance with its terms.

Authorization of Guaranty. The Such Guarantor has the right and power and has taken all necessary action to authorize it to guarantee the Guaranteed Obligations hereunder and to execute, deliver and perform this Guaranty in accordance with its terms. This Guaranty has been duly executed and delivered by the duly authorized officers of the such Guarantor and is a legal, valid and binding obligation of the such Guarantor enforceable in accordance with its terms.