Valid Existence, Execution and Delivery, and Due Authorization. Borrower validly exists under the laws of the State of its formation or organization and has the requisite power and authority to execute, deliver, and perform this Modification and the other Loan Documents. The execution, delivery, and performance by Borrower of this Modification and the other Loan Documents have been duly authorized by all requisite action by or on behalf of Borrower. This Modification has been duly executed and delivered on behalf of Borrower.
Appears in 6 contracts
Samples: Second Loan Modification Agreement (Summit Hotel Properties, Inc.), Second Loan Modification Agreement (Summit Hotel Properties, Inc.), Second Loan Modification Agreement (Summit Hotel Properties, Inc.)
Valid Existence, Execution and Delivery, and Due Authorization. Borrower validly exists under the laws of the State of its formation or organization and has the requisite power and authority to execute, deliver, execute and perform deliver this Modification and to perform the other Loan Documents. The execution, delivery, execution and performance by Borrower delivery of this Modification and the other performance of the Loan Documents have been duly authorized by all requisite action by or on behalf of Borrower. This Modification has been duly executed and delivered on behalf of Borrower.
Appears in 5 contracts
Samples: Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc)
Valid Existence, Execution and Delivery, and Due Authorization. Each Borrower validly exists under the laws of the State of its formation or organization and has the requisite power and authority to execute, deliver, execute and deliver this Agreement and to perform this Modification and the other Loan Documents. The execution, delivery, execution and performance by Borrower delivery of this Modification Agreement and the other performance of the Loan Documents have been duly authorized by all requisite action by or on behalf of each Borrower. This Modification Agreement has been duly executed and delivered on behalf of each Borrower.
Appears in 4 contracts
Samples: Loan Modification Agreement and Waiver (Ruby Tuesday Inc), Security Agreement (Ruby Tuesday Inc), Loan Modification Agreement (Ruby Tuesday Inc)
Valid Existence, Execution and Delivery, and Due Authorization. Each Borrower validly exists under the laws of the State of its formation or organization and has the requisite power and authority to execute, deliver, execute and deliver this Amendment and to perform this Modification and the other Loan Documents. The execution, delivery, execution and performance by Borrower delivery of this Modification Amendment and the other performance of the Loan Documents have been duly authorized by all requisite action by or on behalf of each Borrower. This Modification Amendment has been duly executed and delivered on behalf of each Borrower.
Appears in 1 contract
Samples: Waiver Agreement (Ruby Tuesday Inc)
Valid Existence, Execution and Delivery, and Due Authorization. Borrower validly exists under the laws of the State state of its formation or organization and has the requisite power and authority to execute, deliver, and perform this Modification and the other Loan Documents. The execution, delivery, and performance by Borrower of this Modification and the other Loan Documents have been duly authorized by all requisite action by or on behalf of Borrower. This Modification has been duly executed and delivered on behalf of Borrower.
Appears in 1 contract
Samples: Loan Modification Agreement (Supertel Hospitality Inc)
