Common use of Power and Authorization Clause in Contracts

Power and Authorization. Borrower has the power and authority to enter into this Agreement and to execute and deliver the Note and all other Loan Documents. This Agreement and all things required by this Agreement and the other Loan Documents have been duly authorized by all requisite action of Borrower.

Appears in 17 contracts

Samples: Loan Agreement (Genasys Inc.), Loan Agreement (Autobytel Inc), Loan Agreement (Autobytel Inc)

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Power and Authorization. The Borrower has is duly authorized and empowered to execute, deliver and perform this Agreement, the power Note and authority to enter into all other documents executed by it in connection with the Loan (the “Loan Documents”). All company action on the part of Borrower requisite for the due creation and execution of this Agreement and to execute and deliver Agreement, the Note and all other Loan Documents. This Agreement and all things required by this Agreement and the other Loan Documents have executed has been duly authorized by all requisite action of Borrowerand effectively taken.

Appears in 13 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement, Borrower Loan Agreement

Power and Authorization. Borrower has the power and authority to enter into this Agreement and to execute and deliver the Note and all other Loan DocumentsDocuments to which it is a party. This Agreement and all things required by this Agreement and the other Loan Documents to which Borrower is a party have been duly authorized by all requisite corporate action on the part of Borrower.

Appears in 1 contract

Samples: Loan Agreement (BJs RESTAURANTS INC)

Power and Authorization. Borrower has the power and authority to enter into this Agreement and to execute and deliver the Note Notes and all other Loan Documents. This Agreement and all things required by this Agreement and the other Loan Documents have been duly authorized by all requisite action of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Alphasmart Inc)

Power and Authorization. Borrower has the full power and authority to enter into this Agreement and Agreement, to borrow hereunder, to execute and deliver the Note and all other Loan Documents. This Agreement and all things required by this Agreement Notes and the other Loan Documents and to incur the obligations provided for herein, all of which have been duly authorized by all requisite action of Borrowerproper and necessary action.

Appears in 1 contract

Samples: Loan Agreement (Levitt Corp)

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Power and Authorization. Borrower has the power and authority to enter into this Agreement and to execute and deliver the Note and all other Loan DocumentsDocuments to which it is a party. This Agreement and all things required by this Agreement and the other Loan Documents to which it is a party have been duly authorized by all requisite action of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Ultra Clean Holdings Inc)

Power and Authorization. Borrower has the power and authority to enter into this Agreement and to execute and deliver the Note and all of the other Loan Documents. This Agreement and all things required by this Agreement and the other Loan Documents have been duly authorized by all requisite corporate action of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Chicago Pizza & Brewery Inc)

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