Common use of Corporate Power and Authorization Clause in Contracts

Corporate Power and Authorization. Guarantor is duly authorized and empowered to execute, deliver and perform this Guaranty Agreement and all corporate action on Guarantor's part requisite for the due execution, delivery and performance of this Guaranty Agreement has been duly and effectively taken.

Appears in 9 contracts

Samples: Credit Agreement (Midcoast Energy Resources Inc), Guaranty Agreement (Isramco Inc), Guaranty Agreement (Brigham Exploration Co)

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Corporate Power and Authorization. Guarantor is duly authorized and empowered to execute, deliver deliver, and perform under this Guaranty Agreement Guaranty; Guarantor's board of directors and shareholders [Alternatively: the board of directors and shareholders of Guarantor's general partners] have authorized Guarantor to execute and perform under this Guaranty; and all other corporate and/or shareholder action on Guarantor's part requisite required for the due execution, delivery delivery, and performance of this Guaranty Agreement has been duly and effectively taken.

Appears in 1 contract

Samples: Credit Agreement (Insituform Technologies Inc)

Corporate Power and Authorization. Guarantor is duly authorized and empowered to execute, deliver deliver, and perform under this Guaranty Agreement Guaranty; Guarantor's board of directors have authorized Guarantor to execute and perform under this Guaranty; and all other corporate action on Guarantor's part requisite required for the due execution, delivery delivery, and performance of this Guaranty Agreement has been duly and effectively taken.

Appears in 1 contract

Samples: Guaranty (Central Freight Lines Inc/Tx)

Corporate Power and Authorization. The Guarantor is duly authorized and empowered to execute, deliver and perform this Guaranty Agreement Guaranty; and all corporate action on the Guarantor's part requisite for the due execution, delivery and performance of this Guaranty Agreement has been duly and effectively taken.

Appears in 1 contract

Samples: Guaranty Agreement (Purina Mills Inc)

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Corporate Power and Authorization. Guarantor is duly authorized and empowered to execute, deliver deliver, and perform under this Guaranty Agreement Guaranty; the Guarantor's board of directors (and, if necessary, its shareholders) have authorized the Guarantor to execute and perform under this Guaranty; and all other corporate and/or shareholder action on Guarantor's part requisite required for the due execution, delivery delivery, and performance of this Guaranty Agreement has been duly and effectively taken.

Appears in 1 contract

Samples: Loan and Security Agreement (Focal Communications Corp)

Corporate Power and Authorization. Guarantor is duly authorized and empowered to execute, deliver and perform this Guaranty Agreement and all corporate action on Guarantor's part requisite for the due execution, delivery and performance of this Guaranty Agreement has been duly and effectively taken.

Appears in 1 contract

Samples: Credit Agreement (Benchmark Electronics Inc)

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