Common use of Power to Incur Obligations Clause in Contracts

Power to Incur Obligations. Guarantor has full power and unrestricted right to enter into this Guaranty and to incur the obligations provided for herein, all of which have been duly authorized by all necessary corporate action of Guarantor.

Appears in 4 contracts

Samples: Guaranty of Payment and Performance (Adcare Health Systems Inc), Guaranty of Payment and Performance (Adcare Health Systems Inc), Guaranty of Payment and Performance (Adcare Health Systems Inc)

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Power to Incur Obligations. The Guarantor has full power and unrestricted right to enter into this Guaranty and to incur the obligations provided for herein, all herein and the execution and delivery of which have this Guaranty has been duly authorized by all necessary required corporate action of Guarantoraction.

Appears in 3 contracts

Samples: Balanced Care Corp, Balanced Care Corp, Balanced Care Corp

Power to Incur Obligations. The Guarantor has full power and unrestricted right to enter into this Guaranty and to incur the obligations provided for herein, all of which have been duly authorized by all necessary requisite corporate action of Guarantor.

Appears in 3 contracts

Samples: Guaranty Agreement (Medcath Corp), Guaranty Agreement (Medcath Corp), Guaranty Agreement (Medcath Inc)

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Power to Incur Obligations. Guarantor has full power and unrestricted right to enter into this Guaranty and to incur the obligations provided for herein, all of which have been duly authorized by all necessary requisite corporate action of Guarantoraction.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cornerstone Therapeutics Inc)

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