Common use of Debenture Authorized Clause in Contracts

Debenture Authorized. The execution and delivery of this Debenture and the performance of the provisions of this Debenture are not in contravention of or in conflict with any law or regulation or any term or provision of Borrower’s Articles of Incorporation or Bylaws and are duly authorized and do not require the consent or approval of any governmental agency or other authority; and this Debenture is the valid and legally enforceable obligation of Borrower in accordance with the terms of this Debenture.

Appears in 4 contracts

Samples: Convertible Debenture (Fellows Energy LTD), Convertible Debenture (Environmental Control Corp.), Convertible Debenture (Infotec Business Systems Inc)

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Debenture Authorized. The execution and delivery of this Debenture and the performance of the provisions of this Debenture are not in contravention of or in conflict with any law or regulation or any term or provision of Borrower’s 's Articles or Certificate of Incorporation or Bylaws and are duly authorized and do not require the consent or approval of any governmental agency body or other authority; and this Debenture is the valid valid, binding and legally enforceable obligation of Borrower in accordance with the terms of this Debentureherein.

Appears in 2 contracts

Samples: Convertible Debenture (Genius Products Inc), Convertible Debenture (Genius Products Inc)

Debenture Authorized. The execution and delivery of this Debenture and the performance of the provisions of this Debenture are not in contravention of or in conflict with any law or regulation or any term or provision of Borrower’s 's Articles of Incorporation or Bylaws By-Laws and are duly authorized and do not require the consent or approval of any governmental agency body or other regulatory authority; and this Debenture is the valid valid, binding and legally enforceable obligation of Borrower in accordance with the terms of this Debentureherein.

Appears in 1 contract

Samples: Convertible Subordinated Debenture (Ravenswood Winery Inc)

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Debenture Authorized. The execution and delivery of this Debenture and the performance by Borrower of the provisions of this Debenture its obligations hereunder are not in contravention of or in conflict with any law or regulation or any term or provision of Borrower’s 's Articles of Incorporation or Bylaws Bylaws, and are duly authorized and do not require the consent or approval of any governmental agency body or other regulatory authority; and this Debenture is the valid valid, binding and legally enforceable obligation of Borrower in accordance with the terms of this Debentureits terms.

Appears in 1 contract

Samples: Convertible Subordinated Debenture (Ravenswood Winery Inc)

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