Common use of Corporate Authorizations Clause in Contracts

Corporate Authorizations. Resolutions of the board of directors of such Borrower approving and authorizing the execution, delivery, and performance by such Borrower of each Loan Document, the notices and other documents to be delivered by such Borrower pursuant to each Loan Document, and the transactions contemplated thereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (WHX Corp), Loan and Security Agreement (Steel Partners Ii Lp)

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Corporate Authorizations. Resolutions of the board of directors of such the Borrower approving and authorizing the execution, delivery, and performance by such the Borrower of each Loan Document, the notices and other documents to be delivered by such the Borrower pursuant to each Loan Document, and the transactions contemplated thereunder.

Appears in 2 contracts

Samples: Subordinated Loan and Security Agreement (WHX Corp), Subordinated Loan and Security Agreement (Steel Partners Ii Lp)

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