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 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 Restated Credit Agreement, as amended by this 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)

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Existing Subsidiary Authorization. Each Existing Subsidiary is duly --------------------------------- authorized to execute, deliver and perform its obligations under this First 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 Restated Amended Credit Agreement, as amended by this First 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)

Existing Subsidiary Authorization. Each Existing Subsidiary is duly --------------------------------- authorized to execute, deliver and perform its obligations under this First 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 Restated Amended Credit Agreement, as amended by this First 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)

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Existing Subsidiary Authorization. Each Existing Subsidiary is duly --------------------------------- authorized to execute, deliver and perform its obligations under this First 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 Restated Amended Credit Agreement, as amended by this First 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)

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