Common use of Guaranty Authorized and Binding Clause in Contracts

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantor; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 6 contracts

Samples: Rental Restoration and Development Program Guaranty, CDBG Dr 2020 Piggyback Prime Program Guaranty Agreement, Performance and Completion Guaranty

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Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is are not in contravention of, ; or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantorregulation; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 4 contracts

Samples: Guaranty (Wsi Industries, Inc.), Guaranty (Wsi Industries, Inc.), Guaranty (Wsi Industries, Inc.)

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the each Guarantor; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 2 contracts

Samples: Performance and Completion Guaranty, Multifamily Restoration Loan Funding

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is are duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantor; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally and subject to general principles of equity.

Appears in 1 contract

Samples: Grill Concepts Inc

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantorregulation; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Guaranty (Equitex Inc)

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the GuarantorGuarantors; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: CDBG Piggyback Program Operating Deficit Guaranty

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is are duly authorized and does do not require the consent or approval of any governmental body or other regulatory authority; is are not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents Articles of the Incorporation or Bylaws of Guarantor; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Lease Guaranty (Premiere Global Services, Inc.)

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is by such Guarantor have been duly authorized and does not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantor; by all requisite limited partnership action and this Guaranty is a valid and legally binding obligation of each such Guarantor enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and to general principles of equity.

Appears in 1 contract

Samples: Limited Guaranty (Nuco2 Inc /Fl)

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Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is are duly authorized and does do not require the consent or approval of any third party or any governmental body or other regulatory authority; is authority and are not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantor; and this regulation. This Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Epicept Corp

Guaranty Authorized and Binding. The Each Guarantor’s execution, delivery and performance of this Guaranty is are duly authorized and does do not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantor; and this . This Guaranty is a valid and legally binding obligation of each such Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Irrevocable Continuing Guaranty Agreement (Lm Funding America, Inc.)

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is are duly authorized authorized, where appropriate, and does do not require the consent or approval of any governmental body or other regulatory authority; is are not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the each Guarantor; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its termsterms subject to bankruptcy and other similar laws and equitable principles.

Appears in 1 contract

Samples: manateehfa.org

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is are duly authorized and does do not require the consent or approval of any governmental body or other regulatory authority; is not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantor; and this . This Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Completion Guaranty (IMH Financial Corp)

Guaranty Authorized and Binding. The execution, delivery and performance of this Guaranty is duly authorized and does do not require the consent or approval of any governmental body or other regulatory authority; is are not in contravention of, or in conflict with, any law or regulation or any term or provision of the organizational documents of the Guarantorregulation; and this Guaranty is a valid and legally binding obligation of each Guarantor enforceable in accordance with its terms.

Appears in 1 contract

Samples: Guaranty (Summer Energy Holdings Inc)

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