Common use of Authorization to Contract Clause in Contracts

Authorization to Contract. Before or at the time of execution of the Agreement, the Borrower must be able to provide evidence that it is duly incorporated, in good standing in the state of its incorporation, authorized to do business in the State of Kansas, and authorized to borrow money; and evidence shall be provided that the person executing the Agreement and any supporting documents is authorized to act on behalf of the Borrower in such a transaction.

Appears in 8 contracts

Samples: Forgivable Loan Agreement and Promissory Note, Forgivable Loan Agreement and Promissory Note, Forgivable Loan Agreement and Promissory Note

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Authorization to Contract. Before or at the time of execution of the ------------------------- Agreement, the Borrower must be able to provide evidence that it is duly incorporated, in good standing in the state of its incorporation, authorized to do business in the State of Kansas, and authorized to borrow money; and evidence shall be provided that the person executing the Agreement and any supporting documents is authorized to act on behalf of the Borrower in such a transaction.

Appears in 1 contract

Samples: Loan Agreement (Intek Information Inc)

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