Common use of Corporate or Limited Liability Company Power and Authority; Authorization Clause in Contracts

Corporate or Limited Liability Company Power and Authority; Authorization. Each Borrower and KER have the power and authority to execute and deliver this Amendment and to carry out the terms and provisions of the Financing Agreements, as amended by this Amendment, to which they are a party and the execution and delivery by such Borrower and KER of this Amendment, and the performance by such Borrower and KER of their obligations hereunder have been duly authorized by all requisite action by such Borrower and KER.

Appears in 4 contracts

Samples: Loan and Security Agreement (Keystone Consolidated Industries Inc), Loan and Security Agreement (Keystone Consolidated Industries Inc), Loan and Security Agreement (Keystone Consolidated Industries Inc)

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Corporate or Limited Liability Company Power and Authority; Authorization. Each Borrower and KER have the power and authority to execute and deliver this Amendment and to carry out the terms and provisions of the Financing Agreements, as amended by this Amendment, to which they are a party and the execution and delivery by such Borrower and KER of this Amendment, and the performance by such Borrower and KER of their obligations hereunder have been duly authorized by all requisite action by such Borrower and KER.R.

Appears in 1 contract

Samples: Loan and Security Agreement (Keystone Consolidated Industries Inc)

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