Common use of Corporate Power and Authority; Authorization Clause in Contracts

Corporate Power and Authority; Authorization. Each Borrower has the limited liability company or limited partnership 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 it is a party and the execution and delivery by such Borrower of this Amendment, and the performance by such Borrower of its obligations hereunder have been duly authorized by all requisite corporate action by such Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Delco Remy International Inc)

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Corporate Power and Authority; Authorization. Each Borrower has the limited liability company or limited partnership power and authority to execute and deliver this Amendment and to carry out the terms and provisions of the Financing AgreementsLoan Agreement, as amended by this Amendment, to which it is a party and the execution and delivery by such Borrower of this Amendment, and the performance by such Borrower of its obligations hereunder have been duly authorized by all requisite corporate action by such Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hines Horticulture Inc), Loan and Security Agreement (Hines Horticulture Inc)

Corporate Power and Authority; Authorization. Each Borrower has the limited liability company or limited partnership corporate power and authority to execute and deliver this Amendment and to carry out the terms and provisions of the Financing AgreementsLoan Agreement, as amended by this Amendment, to which it is a party and the execution and delivery by such Borrower of this Amendment and the Loan Agreement, as amended by this Amendment, and the performance by such the Borrower of its obligations hereunder and thereunder have been duly authorized by all requisite corporate action by such Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Food Centers Inc), Loan and Security Agreement (Eagle Food Centers Inc)

Corporate Power and Authority; Authorization. Each Borrower has the limited liability company or limited partnership corporate power and authority to execute and deliver this Amendment and to carry out the terms and provisions of the Financing AgreementsLoan Agreement, as amended by this Amendment, to which it is a party and the execution and delivery by such Borrower of this Amendment, and the performance by such the Borrower of its obligations hereunder have been duly authorized by all requisite corporate action by such Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Ulta Salon, Cosmetics & Fragrance, Inc.)

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Corporate Power and Authority; Authorization. Each Borrower has the limited liability company or limited partnership corporate power and authority to execute and deliver this Amendment and to carry out the terms and provisions of the Financing Agreements and the Foreign Financing Agreements, each as amended by this Amendment, to which it is a party and the execution and delivery by such Borrower of this Amendment, and the performance by such Borrower of its obligations hereunder have been duly authorized by all requisite corporate action by such Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Delco Remy International Inc)

Corporate Power and Authority; Authorization. Each Borrower has the limited liability company or limited partnership -------------------------------------------- corporate power and authority to execute execute, deliver and deliver this Amendment and to carry out the terms and provisions of this First Amendment and the other Financing Agreements, as amended and the performance by this Amendment, Borrower of its obligations hereunder and under the other Financing Agreements to which it is a party and the execution and delivery by such Borrower of this Amendmentparty, and the performance by such Borrower of its obligations hereunder have been duly authorized by all requisite corporate action by such Borrower.

Appears in 1 contract

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

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