Common use of Borrower's Authorization Clause in Contracts

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 14 contracts

Samples: Business Financing Agreement (ADESTO TECHNOLOGIES Corp), Business Financing Agreement (Determine, Inc.), Business Financing Agreement (Determine, Inc.)

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Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Bank to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s 's liability set forth herein.

Appears in 10 contracts

Samples: DJSP Enterprises, Inc., Gse Systems Inc, Gse Systems Inc

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Bank to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 3 contracts

Samples: Credit Facility Agreement (Continucare Corp), Apple REIT Ten, Inc., Graham Corp

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Bank to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunderunder this Guaranty, subject to any limitations on Guarantor’s 's liability set forth hereinin this Guaranty.

Appears in 1 contract

Samples: Thorne Healthtech, Inc.

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 1 contract

Samples: Continuing and Unconditional Guaranty (Titan Global Holdings, Inc.)

Borrower's Authorization. Where Borrower is a company, corporation, partnership, trust, or limited liability company, it is not necessary for Lender Bank to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.. (b)

Appears in 1 contract

Samples: Calavo Growers Inc

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender the Administrative Agent to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 1 contract

Samples: Prospect Medical Holdings Inc

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness Obligations made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 1 contract

Samples: Cronos Group

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Lenders to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunderunder this Guaranty, subject to any limitations on any Guarantor’s 's liability set forth herein.in this Guaranty. Continuing and Unconditional Guaranty

Appears in 1 contract

Samples: Continuing and Unconditional Guaranty (NewLake Capital Partners, Inc.)

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Bank to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or Of purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunderunder this Guaranty, subject to any limitations on Guarantor’s 's liability set forth hereinin this Guaranty.

Appears in 1 contract

Samples: Mechanical Technology Inc

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Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Bank to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunderunder this Guaranty, subject to any limitations on Guarantor’s liability set forth hereinin this Guaranty.

Appears in 1 contract

Samples: Energy Resources 12, L.P.

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Administrative Agent or Lenders to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 1 contract

Samples: Credit Agreement (BJs RESTAURANTS INC)

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s 's liability set forth herein.

Appears in 1 contract

Samples: Business Financing Agreement (Determine, Inc.)

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Agent to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness Guaranteed Obligations made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.

Appears in 1 contract

Samples: Lam Research Corp

Borrower's Authorization. Where Borrower is a corporation, partnership, trust, or limited liability company, it is not necessary for Lender Administrative Agent or Lenders to inquire into the powers of Borrower or of the officers, directors, partners, members, managers, or agents acting or purporting to act on its behalf, and any Indebtedness made or created in reliance upon the professed exercise of such powers shall be guaranteed hereunder, subject to any limitations on Guarantor’s liability set forth herein.. Form of Guaranty

Appears in 1 contract

Samples: Credit Agreement (BJs RESTAURANTS INC)

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