Common use of Entity Power Clause in Contracts

Entity Power. (a) Borrower has the right, power and capacity and is duly authorized and empowered to enter into, execute, deliver and perform this Agreement and the other Loan Documents to which it is a party.

Appears in 6 contracts

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp), Credit Agreement (Firstcity Financial Corp), Revolving Credit Agreement (Firstcity Financial Corp)

AutoNDA by SimpleDocs

Entity Power. (ai) Borrower has the right, power and capacity and is duly authorized and empowered to enter into, execute, deliver and perform this Agreement and the other Loan Documents Other Agreements, to which it is a party.

Appears in 2 contracts

Samples: Loan Agreement (Firstcity Financial Corp), Loan Agreement (Firstcity Financial Corp)

Entity Power. (a) Each Borrower has the right, power and capacity and is duly authorized and empowered to enter into, execute, deliver and perform this Agreement and the other Loan Documents to which it is a party.

Appears in 1 contract

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)

AutoNDA by SimpleDocs

Entity Power. (a) Borrower has the right, power and capacity and is duly authorized and empowered to enter into, execute, deliver and perform this Agreement and the other Loan Documents to which it is a party.

Appears in 1 contract

Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.