Common use of Corporate Powers Clause in Contracts

Corporate Powers. Borrower’s execution, delivery, and performance of the Basic Documents to which it is (or is to become) a party are within Borrower’s corporate powers; and the Basic Documents to which it is (or is to become) a party have been duly authorized by all necessary corporate action on Borrower’s part, and do not contravene, result in a breach of, or require any consent under any law, judgment, decree, order, or contractual restriction binding on Borrower or any agreement or instrument to which Borrower is a party or to which it or any of its property is subject.

Corporate Powers. Borrower’s 's execution, delivery, and performance of the Basic Documents to which it is (or is to become) a party are within Borrower’s 's corporate powers; and the Basic Documents to which it is (or is to become) a party have been duly authorized by all necessary corporate action on Borrower’s 's part, and do not contravene, result in a breach of, or require any consent under any law, judgment, decree, order, or contractual restriction binding on Borrower or any agreement or instrument to which Borrower is a party or to which it or any of its property is subject, except that the legality and validity of each Purchase Agreement Assignment is subject to the execution and delivery of the related Consent.

Corporate Powers. Borrower’s Lenders's execution, delivery, and performance of ---------------- the Basic Documents to which it is (or is to become) a party are within Borrower’s Lender's corporate powers; and the Basic Documents to which it is (or is to become) a party have been duly authorized by all necessary corporate action on Borrower’s Lender's part, and do not contravene, result in a breach of, or require any consent under any law, judgment, decree, order, or contractual restriction binding on Borrower Lender or any agreement or instrument to which Borrower Lender is a party or to which it or any of its property is subject.

Corporate Powers. Borrower’s 's execution, delivery, and performance ---------------- of the Basic Documents to which it is (or is to become) a party are within Borrower’s 's corporate powers; and the Basic Documents to which it is (or is to become) a party have been duly authorized by all necessary corporate action on Borrower’s 's part, and do not contravene, result in a breach of, or require any consent under any law, judgment, decree, order, or contractual restriction binding on Borrower or any agreement or instrument to which Borrower is a party or to which it or any of its property is subject.