Common use of Necessary Authorizations Clause in Contracts

Necessary Authorizations. Each Borrower and each Subsidiary of a Borrower has obtained all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is the subject of any pending or, to the best of any Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of the Borrowers nor any Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, and the borrowing hereunder.

Appears in 4 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

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Necessary Authorizations. Each Borrower and each Subsidiary of a Borrower has obtained its Subsidiaries have secured ------------------------ all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is are the subject of any pending or, to the best of any Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of the Borrowers Neither Borrower nor any Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, Document and the borrowing hereunder.

Appears in 2 contracts

Samples: Loan Agreement (Metrotrans Corp), Loan Agreement (Mayflower Corp PLC)

Necessary Authorizations. Each of Borrower and each Subsidiary of a Borrower its Subsidiaries has obtained all Necessary Authorizations, Authorizations and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is are the subject of any pending or, to the best of any Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary AuthorizationAuthorizations. None of the Borrowers Neither Borrower nor any Subsidiary of any Borrower its Subsidiaries is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, and the borrowing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Lendingtree Inc)

Necessary Authorizations. Each The Borrower and each Subsidiary of a Borrower has obtained its Subsidiaries have secured ------------------------ all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is are the subject of any pending or, to the best of any the Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of Neither the Borrowers Borrower nor any Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, Document and the borrowing hereunder.

Appears in 1 contract

Samples: Loan Agreement (Metrotrans Corp)

Necessary Authorizations. Each The Borrower and each Material Subsidiary of a Borrower has ------------------------ have obtained all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is the subject of any pending or, to the best of any the Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of Neither the Borrowers Borrower nor any Material Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, and the borrowing hereunder.

Appears in 1 contract

Samples: Zenith Electronics Corp

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Necessary Authorizations. Each The Borrower and each Material ------------------------ Subsidiary of a Borrower has have obtained all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is the subject of any pending or, to the best of any the Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of Neither the Borrowers Borrower nor any Material Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, and the borrowing hereunder.

Appears in 1 contract

Samples: Zenith Electronics Corp

Necessary Authorizations. Each The Borrower and each Material Subsidiary of a Borrower has have obtained all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is the subject of any pending or, to the best of any the Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of Neither the Borrowers Borrower nor any Material Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, and the borrowing hereunder.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

Necessary Authorizations. Each The Borrower and each Material Subsidiary of a Borrower has have obtained all Necessary Authorizations, and all such Necessary Authorizations are in full force and effect. None of said Necessary Authorizations is the subject of any pending or, to the best of any the Borrower's knowledge, threatened attack or revocation, by the grantor of the Necessary Authorization. None of Neither the Borrowers Borrower nor any Material Subsidiary of any Borrower is required to obtain any additional Necessary Authorizations in connection with the execution, delivery, and performance, in accordance with the terms of this Agreement or any other Loan Document, and the borrowing hereunder.. (g)

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

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