Common use of Xxxxxxxx Authorization Clause in Contracts

Xxxxxxxx Authorization. The Borrower certifies it has full power and authority to enter into this Agreement, and this Agreement has been duly authorized, executed and delivered by the Borrower. The Borrower acknowledges the resolution of its governing body or other official action authorizing it to enter into this Agreement. The Borrower also authorizes such further acts as are necessary, including execution of the Promissory Note, to implement and further the intent of this Agreement.

Appears in 35 contracts

Samples: Loan Agreement, Loan Agreement, Loan Amendment Request Form

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