Common use of Authorization Clause in Contracts

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 120 contracts

Samples: Business Loan Agreement (Scanner Technologies Corp), Change in Terms Agreement (Heritage Oaks Bancorp), Loan Agreement (Industrial Services of America Inc /Fl)

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Authorization. The Borrower’s execution, delivery, and performance of this Agreement and all the Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; Borrower and do not conflict with, result in a violation of, or constitute a default under (a1) any provision of its (a) Borrower’s articles of incorporation or organization, or bylaws, or (b) any agreement or other instrument binding upon Borrower or (b2) any law, governmental regulation, court decree, or order applicable to Borrower or to Borrower’s properties.

Appears in 76 contracts

Samples: Business Loan Agreement (Amtd Idea Group), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not no conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 10 contracts

Samples: Business Loan Agreement (Pods Inc), Business Loan Agreement (Pods Inc), Business Loan Agreement (Pods Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 9 contracts

Samples: Business Loan Agreement (Spectrian Corp /Ca/), License Agreement (California Beach Restaurants Inc), Business Loan Agreement (Remedy Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsbylaws or code of regulations, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 6 contracts

Samples: Business Loan Agreement (Pinnacle Data Systems Inc), Loan Agreement (RVM Industries Inc), Business Loan Agreement (Bristol Retail Solutions Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 6 contracts

Samples: Construction Loan Agreement (Timberline Software Corporation), Loan Agreement (Champion Industries Inc), Construction Loan Agreement (Consep Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsthe partnership agreement, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 5 contracts

Samples: Construction Loan Agreement, Business Loan Agreement (Autocorp Equities Inc), Business Loan Agreement (Autocorp Equities Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related other Loan Documents by the Borrower, to the extent to be executed, delivered or performed by the Borrower, have been duly authorized by all necessary action by the Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon the Borrower or (b) any law, governmental regulation, court decree, or order applicable to the Borrower.

Appears in 5 contracts

Samples: Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsoperating agreement, or any other agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 4 contracts

Samples: Business Loan Agreement (Trex Co Inc), Business Loan Agreement (T&w Financial Corp), Business Loan Agreement (First Southern Funding Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, Borrower have been duly authorized by all necessary corporate action by BorrowerBorrower (as applicable); do not require the consent or approval of any other personPerson, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (ai) any provision of its articles of incorporation or organization, or bylawsbylaws or operating agreement, or any agreement or other instrument binding upon Borrower or (bii) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 4 contracts

Samples: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, partnership agreement or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 3 contracts

Samples: Agricultural Loan Agreement (Citadel Holding Corp), Agricultural Loan Agreement (Citadel Holding Corp), Agricultural Loan Agreement (Citadel Holding Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, executed delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 3 contracts

Samples: Business Loan Agreement (Real Goods Trading Corp), Business Loan Agreement (Real Goods Trading Corp), Business Loan Agreement (Real Goods Trading Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by BorrowerBorrower within two (2) days after the date of this Agreement; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organizationincorporation, or bylawsoperating agreement, or any other agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc), Loan Agreement (Scientific Software Intercomp Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental government body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Web Press Corp), Loan Agreement (Web Press Corp), Borrower Agreement (Web Press Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Labor Ready Inc), Business Loan Agreement (Nu Wave Health Products Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument Instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Business Loan Agreement (Back Yard Burgers Inc), Loan Agreement (Daw Technologies Inc /Ut)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default in any material respect under (a) any provision of its articles of incorporation or organizationincorporation, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Loan Agreement, Business Loan Agreement (Basin Water, Inc.)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent xxxxnt to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, . governmental regulation, court decree, or order applicable to Borrower.. Financial

Appears in 2 contracts

Samples: Loan Agreement (Hadron Inc), Loan Agreement (Hadron Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Quadrax Corp, Quadrax Corp

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of or incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Loan Agreement (PDS Financial Corp), Business Loan Agreement (California Beach Restaurants Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents related documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding biding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Fourth Forbearance Agreement (Geographics Inc), Third Forbearance Agreement (Geographics Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of or its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Southwest Water Co), Business Loan Agreement (Direct Focus Inc)

Authorization. The execution, execution delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsoperating agreement, or any other agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Construction Loan Agreement (Trex Co Inc), Investment Agreement (Euroweb International Corp)

Authorization. The Borrower’s execution, delivery, and performance of this Agreement and all of the Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; Borrower and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization(i) Borrower’s organizational documents, if Borrower is an entity; (ii) any documents that govern, regulate, or bylaws, limit Borrower’s business activities or affairs; (iii) any agreement or other instrument binding upon Borrower Borrower; (iv) any applicable law or governmental regulation; or (bv) any law, governmental regulation, court decree, decree or order applicable to Borrower or to Borrower’s assets.

Appears in 2 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (CNL Growth Properties, Inc.)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, executed delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation Incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 2 contracts

Samples: Business Loan Agreement (Capitol First Corp), Business Loan Agreement (Capitol Communities Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by BorrowerLender, to the extent to be executed, delivered or performed by BorrowerLender, have been duly authorized by all necessary action by BorrowerLender; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower Lender, or (b) any law, governmental regulation, court decree, or order applicable to BorrowerLender.

Appears in 2 contracts

Samples: Loan Agreement, Business Loan Agreement (Basin Water, Inc.)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority authority, or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles Articles of incorporation Incorporation or organizationorganizational documents, or bylawsby-laws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, decree or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Tellium Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, ; or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in In a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, 2 or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Bobby Allison Wireless Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly duty authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or u bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, law governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Whitman Education Group Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, executed delivered or performed by Borrower, have been duly authorized authonzed by all necessary action by BorrowerBonrower; do not require the consent or approval of any other person, regulatory authority authonty or governmental body; and do not conflict conHict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Colonial Downs Holdings Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of or incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b9) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Klein Engines & Competition Components Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any a)any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any b)any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Portland Brewing Co /Or/)

Authorization. The Borrower's execution, delivery, and performance of this Agreement and all of the Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; Borrower and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization(i) Borrower's organizational documents, if Borrower is an entity; (ii) any documents that govern, regulate, or bylaws, limit Borrower's business activities or affairs; (iii) any agreement or other instrument binding upon Borrower Borrower; (iv) any applicable law or governmental regulation; or (bv) any law, governmental regulation, court decree, decree or order applicable to Borrower or to Borrower's assets.

Appears in 1 contract

Samples: Loan Agreement (Investors Title Co)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a1) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b2) any law, governmental regulation, court decree, or order applicable to Borrower.. (c)

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized BUSINESS LOAN AGREEMENT (CONTINUED) by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Pledge and Security Agreement (Vision Sciences Inc /De/)

Authorization. The execution, delivery, and performance of this Agreement and all the Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organizationincorporation, or bylawsby-laws, or any other agreement or other instrument binding upon Borrower Borrower, or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Term Loan Agreement (Dicon Fiberoptics Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by BorrowerXxxxxxxx, to the extent to be executed, delivered or performed by BorrowerXxxxxxxx, (i) have been duly authorized by all necessary action by BorrowerXxxxxxxx; (ii) do not require the consent or approval of any other person, regulatory authority or governmental body; and (iii) do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Construction and Term Loan Agreement

Authorization. The execution, execution delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body, other than those consents or approvals which by the terms of this Loan Agreement or the other Loan Documents are to be obtained as a condition to Lender making the Loan; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organizationincorporation, or bylaws, or any other agreement or other instrument binding upon Borrower Borrower, or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Butler National Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, executed delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any and provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, law governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (T&w Financial Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.. AMENDED AND RESTATED BUSINESS LOAN AGREEMENT (CONTINUED)

Appears in 1 contract

Samples: Business Loan Agreement (Information Advantage Software Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsbylaws or code of regulations, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.upon

Appears in 1 contract

Samples: Loan Agreement (Pinnacle Data Systems Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered delivered, or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (Nevstar Gaming & Entertainment Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsoperating agreement, or any other agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Security Agreement (Obsidian Enterprises Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrowerbx Xxxxxxer, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsoperating agreement, or any other agreement or of other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by BorrowerXxxxxxxx, to the extent to be executed, . delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Arc Communications Inc)

Authorization. The execution, delivery, delivery and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not no conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, decree or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (U S Laboratories Inc)

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Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, Borrower and its Subsidiaries have been duly authorized by all necessary organizational action by Borrower; Borrower and its Subsidiaries, do not require the consent or approval of any other personPerson, regulatory authority or governmental body; , other than in connection with the Bankruptcy Case, and do not conflict with, result in a violation of, or constitute a default under (ai) any provision of its articles of incorporation or organization, or bylawsbylaws or operating agreement, or any agreement or other instrument binding upon Borrower or (bii) any law, governmental regulation, court decree, or order applicable to BorrowerBorrower and its Subsidiaries.

Appears in 1 contract

Samples: Possession Loan Agreement

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents related documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding biding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Fifth Forbearance Agreement (Geographics Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental government body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsbylaws or code of regulations, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Horizon Telecom Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; : do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Medi Hut Co Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrowerbx Xxxxxxer, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsoperating agreement, or any other agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services Inc)

Authorization. The execution, delivery, and performance of this Agreement -------------- and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental government regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Web Press Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related the Loan Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other personPerson, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under under: (a) any provision of its articles Articles of incorporation Incorporation or organization, or bylawsby-laws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, decree or order applicable to Borrower.

Appears in 1 contract

Samples: Loan and Financing Agreement

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation violaton of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (blb) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Wilmington Trust Business Loan Agreement (Astropower Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary , action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Credit Concepts Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by BorrowerXxxxxxxx, to the extent to be executed, delivered or performed by Borrower, Borrower have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Key Technology Inc

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) ! any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Regions Bank Business Loan Agreement (Rako Capital Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (bc) any law, governmental regulation, court decree, or order other applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Act Teleconferencing Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and to the best of Borrower’s knowledge do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsthe partnership agreement, or any agreement or other instrument binding upon Borrower or (b) any law, governmental government regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Exactech Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; , and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Synergetics Usa Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (SHC Corp)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental governments body; , and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Discas Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; : do not require the consent or approval of any other person, regulatory authority or governmental body; : and do not conflict with, result in a violation of, ' or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Solopoint Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, . result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Littlefield Adams & Co)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under under: (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Eco Soil Systems Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsthe partnership agreement, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree', or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Autocorp Equities Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; : do not require the consent or approval of any other person, regulatory authority or governmental body; : and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Usbank Business Loan Agreement (Applied Microsystems Corp /Wa/)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; , do not require the consent or approval of any other person, regulatory authority or governmental body; , and do not conflict with, result in a violation of, or constitute a default under (a) any 3 04-29-1997 LOAN AGREEMENT Page 3 Loan No (Continued) ------------------------------------------------------------------------------- provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Concepts Direct Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; , and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Thanksgiving Coffee Co Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in In a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Bobby Allison Wireless Corp)

Authorization. The execution, delivery, and performance of this Agreement and all the Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrowerperforxxx xx Xorrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organizationincorporation, or bylawsby-laws, or any other agreement or other instrument binding upon Borrower Borrower, or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Dicon Fiberoptics Inc

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsbylaws or code of regulations, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (Stearns & Lehman Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all alt necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylawsbylaws or code of regulations, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Stearns & Lehman Inc

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by BorrowerXxxxxxxx, to the extent to be executed, delivered or performed by BorrowerXxxxxxxx, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Ea Engineering Science & Technology Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or of (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Negative Pledge Agreement (Universal Money Centers Inc)

Authorization. The execution, delivery, and performance of this Agreement and all Related Documents by Borrower, to the extent to be executed, delivered or performed by Borrower, have been duly authorized by all necessary action by Borrower; do not require the consent or approval of any other person, regulatory authority or governmental body; and do not conflict with, result in a violation of, or constitute a default under (a) any provision of its articles of incorporation or organization, or bylaws, or any agreement or other instrument binding upon Borrower or (b) any law, governmental regulation, court decree, or order applicable to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Shoe Pavilion Inc)

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