Common use of Corporate or Trust Powers Clause in Contracts

Corporate or Trust Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Guarantors hereunder are within the corporate powers of the Guarantors, have been duly authorized by all requisite corporate action, and are not in conflict with the terms of any organizational instruments of the Guarantors, or any instrument or agreement to which the either of the Guarantors is a party or by which either of the Guarantors or any of its assets is bound or affected.