Common use of Execution and Performance of Loan Documents Clause in Contracts

Execution and Performance of Loan Documents. (a) Borrower, Manager and Guarantor have all requisite authority to execute, deliver, and perform their obligations under the Loan Documents to which they are a party.

Appears in 2 contracts

Samples: Construction Loan Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Construction Loan Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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Execution and Performance of Loan Documents. (a) Borrower, Manager Borrower and Guarantor have all requisite authority to execute, deliver, and perform their obligations under the Loan Documents to which they are a party.

Appears in 2 contracts

Samples: Credit Agreement (JetPay Corp), Construction Loan Agreement (Sentio Healthcare Properties Inc)

Execution and Performance of Loan Documents. (a) Borrower, Manager Each of Borrower and Guarantor have all requisite has full power and authority to executeconduct its business as presently conducted, deliver, to enter into this Agreement and the other Loan Documents (as applicable) and to perform their all of its duties and obligations under this Agreement and the Loan Documents to which they are a party. Such execution and performance have been duly authorized by all necessary action pursuant to such entity’s organizational documents.

Appears in 1 contract

Samples: Credit Agreement (JetPay Corp)

Execution and Performance of Loan Documents. (a) Borrower, Manager and Guarantor have Borrower has all requisite authority to execute, deliver, and perform their its obligations under the Loan Documents to which they are a partyDocuments.

Appears in 1 contract

Samples: Loan and Security Agreement (Isun, Inc.)

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Execution and Performance of Loan Documents. (a) Each of Borrower, Manager General Partner and Guarantor have has all requisite authority to execute, execute and deliver, and to perform their its obligations under, the Loan Documents. Borrower shall timely perform its obligations under the Loan Documents and shall not cause or permit the occurrence of any default under the documents to which they are it is a party.

Appears in 1 contract

Samples: Construction Loan Agreement

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