Common use of Due Authorization Clause in Contracts

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 21 contracts

Samples: Revolving Credit Agreement (Atmos Energy Corp), Revolving Credit Agreement (Atmos Energy Corp), Term Loan Agreement (Atmos Energy Corp)

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Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 20 contracts

Samples: 364 Day Term Loan Credit Agreement (Dominion Energy, Inc), Sustainability Revolving Credit Agreement (Dominion Energy, Inc), 364 Day Term Loan Credit Agreement (Dominion Energy Inc /Va/)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents.

Appears in 17 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc)

Due Authorization. The Such Borrower (a) has the requisite corporate or limited liability company, as applicable, power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate or limited liability company, as applicable, action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 15 contracts

Samples: Revolving Credit Agreement (Dominion Energy, Inc), Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (Dominion Energy South Carolina, Inc.)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 14 contracts

Samples: Credit Agreement (Texas New Mexico Power Co), Credit Agreement (Texas New Mexico Power Co), Credit Agreement (Public Service Co of New Mexico)

Due Authorization. The Borrower Such Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 12 contracts

Samples: Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (Dominion Resources Inc /Va/)

Due Authorization. The Such Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Dominion Resources Inc /Va/), Revolving Credit Agreement (Virginia Electric & Power Co), Credit Agreement (Dominion Resources Inc /Va/)

Due Authorization. The Borrower (ai) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (bii) is duly authorized to, and has been authorized by all necessary corporate actionaction to, to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 7 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

Due Authorization. The Borrower (a) has the requisite all necessary corporate power or other power, authority and authority legal right to execute, deliver and perform this its obligations under each of the Loan Documents, as applicable. This Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized duly authorized, executed and delivered by Borrower, all necessary requisite or other corporate actionaction having been taken, to executeand each is valid, deliver binding and perform this Agreement and the enforceable against Borrower in accordance with its terms except as such enforcement may be affected by bankruptcy, by other Credit Documentsinsolvency laws, or by general principles of equity.

Appears in 6 contracts

Samples: Loan and Security Agreement (loanDepot, Inc.), Loan and Security Agreement (Caliber Home Loans, Inc.), Loan and Security Agreement (Guild Holdings Co)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate actionaction to, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 6 contracts

Samples: Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (WPS Resources Corp), Credit Agreement (WPS Resources Corp)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 6 contracts

Samples: 364 Day Revolving Credit Agreement (Atmos Energy Corp), Revolving Credit Agreement (Atmos Energy Corp), Credit Agreement (Atmos Energy Corp)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate actionaction to, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 5 contracts

Samples: Three Year Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Public Service Corp), Credit Agreement (WPS Resources Corp)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents.

Appears in 5 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc), Term Loan Agreement (Public Service Co of New Mexico)

Due Authorization. The Borrower (a) has the all requisite corporate power and authority to executeenter into, execute and deliver and perform this Agreement and the other Credit Documents Note and to incur the perform its respective obligations herein hereunder, and therein provided for and (b) has been authorized by taken all necessary corporate actionaction required for the due authorization, to executeexecution, deliver delivery and perform performance by it of this Agreement and the other Credit DocumentsNote.

Appears in 4 contracts

Samples: Senior Secured Convertible Note (Cosi Inc), Senior Secured Convertible Note (Cosi Inc), Senior Secured Convertible Note (Zam Holdings L P)

Due Authorization. The Each Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Agreement and the other Credit Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit DocumentsAgreement.

Appears in 4 contracts

Samples: Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents.

Appears in 3 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 3 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 3 contracts

Samples: Credit Agreement (Baker Hughes Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (Baker Hughes Inc)

Due Authorization. The Borrower (a) has the requisite corporate or limited liability company power and authority to execute, deliver and perform this Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate actionor limited liability company action to, to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 2 contracts

Samples: Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 2 contracts

Samples: Sustainability Revolving Credit Agreement (Dominion Energy, Inc), 364 Day Term Loan Credit Agreement (Dominion Energy Inc /Va/)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit Loan Documents. No action on the part of any Member is required in connection with the execution and delivery by the Borrower of the Loan Documents or the performance of its obligations thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Oglethorpe Power Corp), Credit Agreement (Oglethorpe Power Corp)

Due Authorization. The Borrower (a) has the requisite full corporate power and authority to executeenter into this Agreement, to borrow the Loan as contemplated by the Financing Documents, to execute and deliver and perform this Agreement and all of the other Credit Financing Documents to which it is a party, and to incur comply with the obligations herein and therein provided for and (b) has terms set forth in all of the Financing Documents, all of which have been duly authorized by all necessary corporate actionaction of the Borrower. No approval of any other person or public authority or regulatory body is required as a condition to the validity of any of the Financing Documents, to executeor, deliver and perform this Agreement and if required, the other Credit Documentsapproval has been obtained.

Appears in 2 contracts

Samples: Loan Agreement (Emergent BioSolutions Inc.), Loan Agreement (Sweetheart Holdings Inc \De\)

Due Authorization. The Each Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Agreement and the other Credit Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit DocumentsAgreement.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Hubbell Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 2 contracts

Samples: Bridge Credit Agreement, Bridge Credit Agreement (Southern Co)

Due Authorization. The Borrower (a) has the requisite corporate or limited liability company power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate actionor limited liability company action to, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 2 contracts

Samples: Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit Loan Documents. No action on the part of any Member is required in connection with the execution and delivery by the Borrower of the Loan Documents or the performance of its obligations thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Oglethorpe Power Corp), Credit Agreement (Oglethorpe Power Corp)

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Due Authorization. The Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Agreement and the other Credit Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit DocumentsAgreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Hubbell Inc), Term Loan Agreement (Hubbell Inc)

Due Authorization. The Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Agreement and the other Credit Documents (ii) is duly authorized to, and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit DocumentsAgreement.

Appears in 2 contracts

Samples: Credit Agreement (Hubbell Inc), Credit Agreement (Hubbell Inc)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 2 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Texas New Mexico Power Co)

Due Authorization. The Borrower (ai) has the requisite corporate limited liability company power and authority to execute, deliver and perform this Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (bii) is duly authorized to, and has been authorized by all necessary corporate actionlimited liability company action to, to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Wisconsin Energy Corp)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Reimbursement Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Reimbursement Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Reimbursement Agreement (PNM Resources Inc)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Term Loan Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Term Loan Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Term Loan Agreement (Alabama Power Co)

Due Authorization. The Borrower Borrower (ai) has the requisite corporate power and requisite authority to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for which it is a party and (bii) is duly authorized, and has been authorized by in all necessary corporate action, to execute, deliver and perform this Loan Agreement and the other Credit DocumentsLoan Documents to which it is a party.

Appears in 1 contract

Samples: Loan Agreement (Itc Deltacom Inc)

Due Authorization. The Borrower Borrower (a) has the requisite corporate or limited partnership, as applicable, power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) is duly authorized to, and has been authorized by all necessary corporate or limited partnership, as applicable, action, to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Dominion Energy Midstream Partners, LP)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to which it is a party, to incur the obligations herein and therein provided for and to consummate the Acquisition and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Agreement and Credit Agreement, the other Credit DocumentsDocuments to which it is a party and the Acquisition Documentation.

Appears in 1 contract

Samples: Term Loan Agreement (PNM Resources Inc)

Due Authorization. The Borrower (a) has the requisite corporate full power and authority to executeenter into this Credit Agreement, to execute and deliver and perform this Agreement and the other Credit Documents Loan Documents, and to incur the obligations herein and therein provided for and (b) has herein, all of which have been duly authorized by all proper and necessary corporate company action, to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Ocean Bio Chem Inc)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate actioncorporate, partnership or limited liability company action to execute, deliver and perform this Credit Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Spectra Energy Partners, LP)

Due Authorization. The Borrower (a) has the requisite corporate power and authority and is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform this Credit Agreement and the other Credit Documents and to incur the obligations herein and therein provided for (in respect of all Loans made hereunder on or prior to each date on which this representation and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit Documentswarranty is made or deemed made).

Appears in 1 contract

Samples: Credit Agreement (Mississippi Power Co)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Credit Agreement and the other Credit Documents to which it is a party and to incur the obligations herein and therein provided for for, and (b) is duly authorized to, and has been authorized by all necessary corporate action, to execute, deliver and perform its obligations under this Credit Agreement and the other Credit DocumentsDocuments to which it is a party.

Appears in 1 contract

Samples: Line of Credit Agreement (Cornerstone Realty Income Trust Inc)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Loan Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, to execute, deliver and perform this Agreement and the other Credit Documents.,

Appears in 1 contract

Samples: Credit Agreement (Oglethorpe Power Corp)

Due Authorization. The Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Loan Agreement and the other Credit Loan Documents to which it is a party and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Loan Agreement and the other Credit DocumentsLoan Documents to which it is a party.

Appears in 1 contract

Samples: Term Loan Agreement (Public Service Co of New Mexico)

Due Authorization. The Borrower Borrower (a) has the requisite corporate power and authority to execute, deliver and perform this Agreement and the other Credit Documents and to incur the obligations herein and therein provided for and (b) has been authorized by all necessary corporate action, action to execute, deliver and perform this Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Delayed Draw Term Loan Agreement (Public Service Co of New Mexico)

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