Common use of Borrower Authorization Clause in Contracts

Borrower Authorization. The Borrower certifies it has full power and authority to enter into this Agreement, and this Agreement has been duly authorized, executed and delivered by the Borrower. The Borrower acknowledges the resolution of its governing body or other official action authorizing it to enter into this Agreement. The Borrower also authorizes such further acts as are necessary, including execution of the Promissory Note, to implement and further the intent of this Agreement.

Appears in 26 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Borrower Authorization. The Borrower certifies that it has full power and authority to enter into this Agreement, Agreement and this Agreement has been duly authorized, executed and delivered by the Borrower. The Borrower acknowledges that the resolution of its governing body or other official action authorizing it to enter into this Agreement. The Borrower Agreement also authorizes such further acts as are necessary, including execution of the Promissory NoteNote as well as Security Agreement, if any, to implement and further the intent of this Agreement.

Appears in 19 contracts

Samples: Loan Agreement (Heavenstone Corp), Loan Agreement (Heavenstone Corp), Loan Agreement (Heavenstone Corp)

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Borrower Authorization. The Borrower certifies that it has full power and authority to enter into this Agreement, and this Agreement has been duly authorized, executed and delivered by the Borrower. The Borrower acknowledges that the resolution of its governing body or other official action authorizing it to enter into this Agreement. The Borrower Agreement also authorizes such further acts as are necessary, including execution of the Promissory Note, to implement and further the intent of this Agreement.

Appears in 1 contract

Samples: Loan Agreement

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