Due Authorization; Non-Contravention. (a) The execution, delivery and performance by the Pledgor of this Agreement is within the Pledgor’s limited liability company powers, has been duly authorized by all necessary limited liability company action, and does not contravene (i) the Pledgor’s Organic Documents, or (ii) any Law or Contractual Obligation binding on or affecting the Pledgor.
Appears in 2 contracts
Samples: Pledge and Security Agreement (First United Ethanol LLC), Pledge and Security Agreement (First United Ethanol LLC)
Due Authorization; Non-Contravention. (a) The execution, delivery and performance by the Pledgor of this Agreement is are within the Pledgor’s limited liability company corporate powers, has have been duly authorized by all necessary limited liability company corporate action, and does do not contravene (i) the Pledgor’s Organic Documents, or (ii) any applicable Law or any Contractual Obligation binding on or affecting the PledgorPledgor in any material respect.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Pacific Ethanol, Inc.)
Due Authorization; Non-Contravention. (a) The execution, delivery and performance by the Pledgor of this Agreement is are within the Pledgor’s limited liability company corporate powers, has have been duly authorized by all necessary limited liability company corporate action, and does do not contravene in any material respect (i) the Pledgor’s Organic Documents, or (ii) any applicable Law or any Contractual Obligation binding on or affecting the Pledgor.
Appears in 1 contract
Samples: Pledge and Security Agreement (Pacific Ethanol, Inc.)
Due Authorization; Non-Contravention. (a) The execution, delivery and performance by the Pledgor of this Agreement is are within the Pledgor’s 's [limited liability company powers], has have been duly authorized by all necessary [limited liability company company] action, and does do not contravene in any material respect (i) the Pledgor’s 's Organic Documents, or (ii) any applicable Law or any Contractual Obligation binding on or affecting the Pledgor.
Appears in 1 contract
Due Authorization; Non-Contravention. (a) The execution, delivery and performance by the Pledgor of this Agreement is within the Pledgor’s limited liability company powers, has been duly authorized by all necessary limited liability company action, and does not contravene (i) the Pledgor’s Organic Documentsorganizational documents, or (ii) any Law or Contractual Obligation contract binding on or affecting the Pledgor.
Appears in 1 contract