Common use of Power of Officers Clause in Contracts

Power of Officers. The officers of each Credit Party executing the Loan Documents required to be delivered by such entities or by the Borrower hereunder have been duly elected or appointed and were fully authorized to execute the same at the time each such agreement, certificate or instrument was executed.

Power of Officers. The officers of each Credit Party, and of the general partners of each Credit Party which is a partnership, executing the Loan Documents required to be delivered by such entities or by the Borrower hereunder have been duly elected or appointed and were fully authorized to execute the same at the time each such agreement, certificate or instrument was executed.