Common use of Corporate Action Clause in Contracts

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower of this Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 15 contracts

Sources: Credit and Security Agreement (Memry Corp), Credit and Security Agreement (Memry Corp), Third Amendment Agreement (Moore Medical Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantor of this Agreement and all other instruments and documents delivered by the Borrower in connection therewith Loan Documents shall have been duly and effectively taken, and evidence thereof certified by authorized officers of the Borrower and the Guarantor and satisfactory to the Administrative Agent shall have been provided to the Banks.

Appears in 9 contracts

Sources: Revolving Credit Agreement (Waste Management Inc), Quarterly Report, Revolving Credit Agreement (Waste Management Inc)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower Borrowers and the Guarantors of this Agreement and all other instruments and documents delivered by the Borrower Borrowers and the Guarantors in connection therewith shall have been duly and effectively taken.

Appears in 5 contracts

Sources: Waiver and Second Amendment Agreement (Gerber Scientific Inc), First Amendment Agreement (Gerber Scientific Inc), Fourth Amendment Agreement (Gerber Scientific Inc)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the each Borrower of this Agreement and all the other instruments and documents delivered by the Borrower in connection therewith Loan Documents shall have been duly and effectively taken, and evidence thereof satisfactory to Lender, certified by a Responsible Officer shall have been provided to Lender.

Appears in 4 contracts

Sources: Loan and Security Agreement, Loan and Security Agreement, Loan and Security Agreement (Orthopediatrics Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower of this Amendment Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 4 contracts

Sources: Credit Agreement (DSL Net Inc), Credit Agreement (Arrowpoint Communications Inc), Amendment and Waiver Agreement (DSL Net Inc)

Corporate Action. All requisite corporate action necessary for ---------------- the valid execution, delivery and performance by the Borrower of this Amendment Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Moore Medical Corp), Revolving Credit Agreement (Moore Medical Corp), Revolving Credit Agreement (Moore Medical Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantors of this Amendment Agreement and all other instruments and documents delivered by the Borrower and the Guarantors in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Credit Agreement (Griffin Land & Nurseries Inc)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower of this Agreement and all other instruments and documents delivered by the Borrower in connection therewith herewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Revolving Loan Agreement (Scientific Learning Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower of this Agreement and all the other instruments and documents delivered by the Borrower in connection therewith Loan Documents shall have been duly and effectively taken, and evidence thereof satisfactory to Lender, certified by a Responsible Officer shall have been provided to Lender.

Appears in 1 contract

Sources: Loan and Security Agreement (Orthopediatrics Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower and the Guarantors of this Agreement and all other instruments and documents delivered by the Borrower and the Guarantors in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Fourth Amendment Agreement (Griffin Land & Nurseries Inc)

Corporate Action. All requisite corporate action ---------------- necessary for the valid execution, delivery and performance by the Borrower of this Amendment Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Revolving Credit Agreement (Moore Medical Corp)

Corporate Action. All requisite corporate action necessary ---------------- for the valid execution, delivery and performance by the Borrower of this Waiver Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Revolving Credit Agreement (Moore Medical Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower of this Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Credit Agreement (Factset Research Systems Inc)

Corporate Action. All requisite corporate action necessary for ---------------- the valid execution, delivery and performance by the Borrower of this Waiver Agreement and all other instruments and documents delivered by the Borrower in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Third Amendment and Waiver Agreement (Moore Medical Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower Borrowers of this Agreement and all other instruments and documents delivered by the Borrower Borrowers in connection therewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Sixth Amendment Agreement (Xomed Surgical Products Inc)

Corporate Action. All requisite corporate action necessary for the ---------------- valid execution, delivery and performance by the Borrower of this Agreement and all other instruments and documents delivered by the Borrower in connection therewith herewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Amendment Agreement (Memry Corp)

Corporate Action. All requisite corporate action necessary for the valid execution, delivery and performance by the Borrower of this Amendment Agreement and all other instruments and documents delivered by the Borrower in connection therewith herewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Revolving Loan Agreement (Scientific Learning Corp)

Corporate Action. All requisite corporate action necessary for ---------------- the valid execution, delivery and performance by the Borrower of this Agreement and all other instruments and documents delivered by the Borrower in connection therewith herewith shall have been duly and effectively taken.

Appears in 1 contract

Sources: Commercial Revolving Loan, Term Loan, Line of Credit and Security Agreement (Memry Corp)