Common use of Power, Authority, Consents Clause in Contracts

Power, Authority, Consents. The Borrower has the power to execute, deliver and perform this Loan Agreement, the Promissory Note and Pledge Agreement, all of which have been duly authorized by all necessary and proper corporate or other action.

Appears in 49 contracts

Samples: Loan Agreement (Gouverneur Bancorp, Inc./Md/), Loan Agreement (NorthEast Community Bancorp, Inc./Md/), Loan Agreement (William Penn Bancorporation)

AutoNDA by SimpleDocs

Power, Authority, Consents. The Borrower has the power to execute, deliver and perform this Loan Agreement, the Promissory Note and the Pledge Agreement, all of which have been duly authorized by all necessary and proper corporate or other action.

Appears in 13 contracts

Samples: Loan Agreement (Green Mountain Coffee Inc), Loan Agreement (Hudson City Bancorp Inc), Loan Agreement (Hudson City Bancorp Inc)

Power, Authority, Consents. The Borrower has the power to execute, deliver and perform this Loan Agreement, the Promissory Note and Pledge AgreementAgreements, all of which have been duly authorized by all necessary and proper corporate or other action.

Appears in 10 contracts

Samples: Loan Commitment Agreement (Citizens First Bancorp Inc), Loan Agreement (Security Financial Bancorp Inc), Commitment Letter (Connecticut Bancshares Inc/De)

AutoNDA by SimpleDocs

Power, Authority, Consents. The Borrower has the power to execute, deliver and perform this Loan Agreement, the Promissory Note and the Pledge Agreement, all of which have been duly authorized by all necessary neces sary and proper corporate or other action.

Appears in 2 contracts

Samples: Employee Stock Ownership Plan Agreement (Astoria Financial Corp), Loan Agreement (Astoria Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!