Common use of Existing Subsidiary Authorization Clause in Contracts

Existing Subsidiary Authorization. Each Existing Subsidiary is duly authorized to execute, deliver and perform its obligations under this Third Amendment and is and will continue to be duly authorized to apply for Letters of Credit and to agree to the related reimbursement obligations under the Amended Credit Agreement, as amended by this Third Amendment and as it may be further amended from time to time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Gulf Island Fabrication Inc)

AutoNDA by SimpleDocs

Existing Subsidiary Authorization. Each Existing Subsidiary is duly authorized to execute, deliver and perform its obligations under this Third Fourth Amendment and is and will continue to be duly authorized to apply for Letters of Credit and to agree to the related reimbursement obligations under the Amended Credit Agreement, as amended by this Third Fourth Amendment and as it may be further amended from time to time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Gulf Island Fabrication Inc)

Existing Subsidiary Authorization. Each Existing Subsidiary is duly --------------------------------- authorized to execute, deliver and perform its obligations under this Third First Amendment and is and will continue to be duly authorized to apply for Letters of Credit and to agree to the related reimbursement obligations under the Amended Restated Credit Agreement, as amended by this Third First Amendment and as it may be further amended from time to time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Gulf Island Fabrication Inc)

AutoNDA by SimpleDocs

Existing Subsidiary Authorization. Each Existing Subsidiary is duly --------------------------------- authorized to execute, deliver and perform its obligations under this Third Second Amendment and is and will continue to be duly authorized to apply for Letters of Credit and to agree to the related reimbursement obligations under the Amended Credit Agreement, as amended by this Third Second Amendment and as it may be further amended from time to time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Gulf Island Fabrication Inc)

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