Formation; Authority. If Borrower is anything other than a natural person, it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing in each state in which it conducts its business. Borrower is authorized to execute, deliver and perform its obligations under each of the Loan Documents.
Appears in 4 contracts
Samples: Standing Loan Agreement (Super Micro Computer, Inc.), Loan Agreement (Oakley Inc), Standing Loan Agreement and Swap (Point 360)
Formation; Authority. If Borrower is anything other than a natural personperson (but not a trustee), it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing in each state in which it conducts its business. Borrower is authorized to execute, deliver and perform its obligations under each of the Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (Barnwell Industries Inc), Loan Agreement (Barnwell Industries Inc)
Formation; Authority. If Borrower is anything other than a natural person, it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing in each state in which it conducts its business. Borrower is authorized to execute, deliver and perform its obligations under each of the Loan Documents.either
Appears in 1 contract
Samples: Loan Agreement
Formation; Authority. If Borrower is anything other than a natural person, it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing or existence in each state in which it conducts its business. Borrower is authorized to execute, deliver and perform its obligations under each of the Loan Documents.
Appears in 1 contract
Samples: Standing Loan Agreement (Historic Preservation Properties 1989 Limited Partnership)
Formation; Authority. If Borrower is anything other than a natural person, -------------------- it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing in each state in which it conducts its business. Borrower is authorized to execute, deliver and perform its obligations under each of the Loan Documents.
Appears in 1 contract
Samples: E Tek Dynamics Inc
Formation; Authority. If the Borrower is anything other than a natural person, it has complied with all laws and regulations concerning its organization, existence and the transaction of its business, and is in good standing in each state in which it conducts its business. The Borrower is authorized to execute, deliver and perform its obligations under each of the Loan Documentsthis Agreement and any documents or agreements required hereunder.
Appears in 1 contract
