Common use of Validity of Loan Documents Clause in Contracts

Validity of Loan Documents. The Loan Documents have been approved by those Persons having proper authority, and are in all respects legal, valid and binding according to their terms.

Appears in 12 contracts

Samples: Loan and Security Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.), Loan and Security Agreement (Venus Concept Inc.)

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Validity of Loan Documents. The Loan Documents have been approved by those Persons persons having proper authority, and are in all respects legal, valid and binding according to their terms.

Appears in 6 contracts

Samples: Revolving Loan Agreement, Revolving Loan Agreement (Superior Uniform Group Inc), Revolving Loan Agreement (Superior Uniform Group Inc)

Validity of Loan Documents. The Loan Documents have been approved by those Persons persons having proper authority, and to the best of Borrower’s knowledge are in all respects legal, valid and binding according to their terms.;

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

Validity of Loan Documents. The Loan Documents have been approved by those Persons persons having proper authority, and to the best of Borrower's knowledge are in all respects legal, valid and binding according to their terms.

Appears in 1 contract

Samples: Housing Developer Agreement

Validity of Loan Documents. The execution, delivery and performance of the Loan Documents have been approved duly authorized by those Persons having proper authorityall requisite action of the Borrower, and the Loan Documents are in all respects legal, valid valid, binding and binding according to enforceable in accordance with their respective terms.

Appears in 1 contract

Samples: Loan Agreement (United Foods Inc)

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Validity of Loan Documents. The Loan Documents have been approved by those Persons having proper authority, and are in all respects legal, valid and binding according to their terms.

Appears in 1 contract

Samples: Credit Agreement (Arvida JMB Partners L P)

Validity of Loan Documents. The Loan Documents have been approved by those Persons persons having proper authority, and to the best of Borrowers' knowledge are in all respects legal, valid and binding according to their terms.;

Appears in 1 contract

Samples: Loan Agreement (Asset Investors Corp)

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