Common use of Corporate Power; Authorization; Enforceable Obligations Clause in Contracts

Corporate Power; Authorization; Enforceable Obligations. (i) The Borrower has the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended.

Appears in 10 contracts

Samples: Credit Agreement (Carmike Cinemas Inc), Credit Agreement (Carmike Cinemas Inc), Credit Agreement (Carmike Cinemas Inc)

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Corporate Power; Authorization; Enforceable Obligations. (i) The Borrower has the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, to which it is a party and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended, to which it is a party.

Appears in 8 contracts

Samples: Credit Agreement (Boston Scientific Corp), Boston Scientific Corp, Credit Agreement (Boston Scientific Corp)

Corporate Power; Authorization; Enforceable Obligations. (i1) The Borrower has the corporate power and authority, and the legal right, to make and make, deliver this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended.

Appears in 4 contracts

Samples: Credit Agreement (Boston Scientific Corp), Boston Scientific Corp, Boston Scientific Corp

Corporate Power; Authorization; Enforceable Obligations. (i) The Each Borrower has the corporate power and authority, and the legal right, to make and deliver this Amendment and Consent and to perform its obligations under the Loan Documents, as amended by this AmendmentAmendment and Consent, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and Consent and the performance of the Loan Documents, as so amended.

Appears in 4 contracts

Samples: And (Pierce Leahy Corp), And (Pierce Leahy Corp), Archivex LTD

Corporate Power; Authorization; Enforceable Obligations. (i1) The Borrower has the corporate power and authority, and the legal right, to make and make, deliver this Amendment and to perform its obligations under the Loan DocumentsDocuments to which it is a party, as amended by this Amendment, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the such Loan Documents, as so amended.

Appears in 3 contracts

Samples: Credit Agreement (Lasalle Re Holdings LTD), Lasalle Re Holdings LTD, Lasalle Re Holdings LTD

Corporate Power; Authorization; Enforceable Obligations. (i1) The Each Borrower has the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended.

Appears in 2 contracts

Samples: First Amendment (Pierce Leahy Corp), First Amendment (Pierce Leahy Corp)

Corporate Power; Authorization; Enforceable Obligations. (i) The Each Borrower has the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended.

Appears in 2 contracts

Samples: Credit Agreement (Pierce Leahy Corp), Archivex LTD

Corporate Power; Authorization; Enforceable Obligations. (i) The Borrower Company has the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform all of its obligations under the Loan DocumentsAgreement, as amended by this Amendment, and the other loan documents, and has taken all necessary corporate action to authorize the execution, execution and delivery and performance of this Amendment and the performance of the Loan Documentsloan documents, as so amended.

Appears in 2 contracts

Samples: Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc)

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Corporate Power; Authorization; Enforceable Obligations. (i) The Each of the Borrower and the Term Loan Borrower has the corporate power and authority, and the legal right, to make and deliver this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, to which it is a party and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended, to which it is a party.

Appears in 2 contracts

Samples: First Amendment (Boston Scientific Corp), Second Amendment (Boston Scientific Corp)

Corporate Power; Authorization; Enforceable Obligations. (i1) The Each of the Borrower and each Guarantor has the requisite corporate power and authority, and the legal right, to make make, deliver and deliver perform this Amendment and to perform its obligations under the Loan Documents, as amended by this Amendment, to which it is a party, and each such Person has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended, to which it is a party.

Appears in 2 contracts

Samples: Schein Henry Inc, Schein Henry Inc

Corporate Power; Authorization; Enforceable Obligations. (ia) The Borrower has the corporate power and authority, and the legal right, to make make, deliver and deliver perform this Amendment Loan Agreement, the Note, and each other Loan Document, and to perform its obligations under the Loan Documents, as amended by this Amendmentborrow and to grant Liens hereunder, and has taken all necessary corporate action to authorize the borrowings and the granting of Liens on the terms and conditions of this Loan Agreement, the Note, and each other Loan Document to which it is a party, and the execution, delivery and performance of this Amendment Loan Agreement, the Note, and the performance of the each other Loan Documents, as so amendedDocument.

Appears in 2 contracts

Samples: And Security Agreement (Imperial Credit Commercial Mortgage Investment Corp), Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)

Corporate Power; Authorization; Enforceable Obligations. (ia) The Each Borrower is duly organized or incorporated and validly existing and has all the corporate or other organizational power and authority, and the legal right, authority to make execute and deliver this Amendment and to perform its obligations under this Amendment and the Loan Documents, as amended by this Amendment, and Amended Credit Agreement. Each Borrower has taken all necessary corporate or other action to authorize the execution, execution and delivery of this Amendment and performance of this Amendment and the performance of the Loan Documents, as so amendedAmended Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Geo Group Inc)

Corporate Power; Authorization; Enforceable Obligations. (i1) The Borrower has the corporate power and authority, and the legal right, to make and make, deliver this Amendment and to perform its obligations under the Loan DocumentsDocuments to which it is a party, as amended by this Amendment, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Amendment and the performance of the Loan Documents, as so amended.the

Appears in 1 contract

Samples: First Amendment (Lasalle Re Holdings LTD)

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