Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 10 contracts
Samples: Credit Agreement (Sierra Pacific Power Co), Credit Agreement (Sierra Pacific Resources), 364 Day Credit Agreement (Sierra Pacific Power Co)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, by each of the Loan Documents to which it is a partyDocument, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the be fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowingsborrowings and requests.
Appears in 3 contracts
Samples: Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises Inc)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, by this Agreement and each of the other Loan Documents to which it is a party, and all such action has actions have been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 3 contracts
Samples: Credit Agreement (Nevada Power Co), Credit Agreement (Nevada Power Co), Credit Agreement (Nevada Power Co)
Corporate Power and Authorization. The Each Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, by each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the each Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 3 contracts
Samples: Credit Agreement (Nco Group Inc), Credit Agreement (Nco Group Inc), Credit Agreement (Nco Group Inc)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents to which it is a partyDocument, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 2 contracts
Samples: Term Loan Agreement (J&l Specialty Steel Inc), Credit Agreement (J&l Specialty Steel Inc)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, by each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 1 contract
Samples: Credit Agreement (Nco Group Inc)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 1 contract
Samples: Credit Agreement (Aasche Transportation Services Inc)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow request Letters of Credit to be issued pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowingsrequests for issuance of Letters of Credit.
Appears in 1 contract
Samples: Credit Agreement (Primark Corp)
Corporate Power and Authorization. The Borrower and each other Loan Party has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowings.
Appears in 1 contract
Samples: Credit Agreement (Kennametal Inc)
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to timethereby, and has taken all necessary corporate action to authorize such borrowings.
Appears in 1 contract
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, deliver and take all actions contemplated by, each of perform its obligations under the Loan Documents to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to timehereunder, and has taken all necessary corporate action to authorize such borrowingsthe borrowing on the terms and conditions hereof and to authorize the execution, delivery and performance of its obligations under the Loan Documents.
Appears in 1 contract
Corporate Power and Authorization. The Borrower has the corporate power is duly authorized and authority empowered to execute, deliver, perform, and take perform under all actions contemplated by, each of the Loan Documents to which it is a party; and all other corporate and/or shareholder action required for the due execution, delivery, and all such action performance of the Loan Documents has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting the foregoing, the Borrower has the corporate power and authority to borrow pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowingseffectively taken.
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Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow pursuant cause the Letters of Credit to become subject to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowingsthe foregoing.
Appears in 1 contract
Corporate Power and Authorization. The Borrower has the corporate power and authority to execute, deliver, perform, and take all actions contemplated by, each of the Loan Documents Document to which it is a party, and all such action has been duly and validly authorized by all necessary corporate proceedings on its part. Without limiting limitation of the foregoing, the Borrower has the corporate power and authority to borrow and request Letters of Credit to be issued pursuant to the Loan Documents to the fullest extent permitted hereby and thereby from time to time, and has taken all necessary corporate action to authorize such borrowingsborrowings and requests for issuance of Letters of Credit.
Appears in 1 contract