Common use of Power and Authority; Due Authorization Clause in Contracts

Power and Authority; Due Authorization. The Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Documents, (B) carry out the terms of the Borrower Basic Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Documents, (B) carry out the terms of the Borrower Basic Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower : (i) has all necessary power, authority and legal right to to: (A) execute and deliver this Agreement and the Borrower Basic Documentsother Transaction Documents to which it is a party, (B) carry out the terms of the Borrower Basic Transaction Documents to which it is a party, and (C) grant the security interest in the transfer and assign each Loan, Related Security and all other Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.and

Power and Authority; Due Authorization. The Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic DocumentsTransaction Documents to which it is a party, (B) to carry out the terms of the Borrower Basic Transaction Documents to which it is a party and (C) to borrow Loans and grant the security interest in the Collateral Liens on the terms and conditions herein provided provided, and (ii) has duly authorized by all necessary limited liability company corporate action the execution, delivery and performance of the Borrower Basic Transaction Documents and the grant of the security interest in the Collateral to which it is a party on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Documents, (B) carry out the terms of the Borrower Basic Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company trust action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Documents, (B) carry out the terms of the Borrower Basic Documents and (C) grant the DB1/ 139452285.4144571789.3 77 security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Documents, (B) carry out the terms of the Borrower Basic Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company trust action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Transaction Documents, (B) carry out the terms of the Borrower Basic Transaction Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Transaction Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower (i) has all necessary power, power and authority and legal right to (A) execute and deliver each of the Borrower Basic DocumentsFacility Documents to be executed and delivered by it in connection herewith, (B) carry out the terms of the Borrower Basic Facility Documents to which it is a party, and (C) with respect to the Borrower, borrow the Loans and grant the a security interest in the Collateral on the terms and conditions herein provided provided, and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.has

Power and Authority; Due Authorization. The Borrower Borrower (i) has all necessary statutory trust power, authority and legal right to (A) execute and deliver the Borrower Basic Documents, (B) carry out the terms of the Borrower Basic Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company trust action the execution, delivery and performance of the Borrower Basic Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.

Power and Authority; Due Authorization. The Borrower Borrower has (ia) has all necessary power, authority and legal right to (Ai) execute execute, deliver and deliver the Borrower Basic Documents, (B) carry out the terms perform its obligations under this Agreement and each of the Borrower Basic other Transaction Documents to which it is a party, and (Cii) grant the security interest in the Collateral to borrow on the terms and subject to the conditions herein provided provided, and (iib) has duly authorized authorized, by all necessary limited liability company action (as applicable), the execution, delivery and performance of the Borrower Basic Documents this Agreement and the grant other Transaction Documents to which it is a party and the borrowing, and the granting of the security interest in the Collateral therefor, on the terms and conditions provided herein and therein providedin the Security Agreement.

Power and Authority; Due Authorization. The Borrower (i) has all necessary power, authority and legal right to (A) execute and deliver the Borrower Basic Transaction Documents, (B) carry out the terms of the Borrower Basic Transaction Documents and (C) grant the security interest in the Collateral on the terms and conditions herein provided and (ii) has duly authorized by all necessary limited liability company action the execution, delivery and performance of the Borrower Basic Transaction Documents and the grant of the security interest in the Collateral on the terms and conditions herein and therein provided.