Common use of Corporate Power and Authority; No Conflicts Clause in Contracts

Corporate Power and Authority; No Conflicts. The execution, delivery and performance by the Borrower and each Subsidiary of each of the Loan Documents to which it is a party have been duly authorized by all necessary corporate action and do not and will not (a) require any consent or approval of its shareholders;

Appears in 2 contracts

Samples: Credit Agreement (Core Inc), Credit Agreement (Core Inc)

AutoNDA by SimpleDocs

Corporate Power and Authority; No Conflicts. The execution, delivery and performance by the Borrower and each Subsidiary of each of the Loan Documents to which it is a party have been duly authorized by all necessary corporate action and do not and will not not: (a1) require any consent or approval of its shareholdersstockholders;

Appears in 1 contract

Samples: Credit Agreement (Navigators Group Inc)

Corporate Power and Authority; No Conflicts. The execution, delivery and performance by the Borrower and each Subsidiary of each Guarantor of the Loan Documents to which it is a party have been duly authorized by all necessary corporate action and do not and will not not: (a1) require any consent or approval of its shareholdersstockholders;

Appears in 1 contract

Samples: Credit Agreement (Boundless Corp)

AutoNDA by SimpleDocs

Corporate Power and Authority; No Conflicts. The execution, delivery and performance by the such Borrower and each Subsidiary of each of the Loan Facility Documents to which it is a party have been duly authorized by all necessary corporate action and do not and will not not: (a) require any consent or approval of its shareholders;stockholders; (b)

Appears in 1 contract

Samples: Credit Agreement (Tridex Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!