Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit Documents, all of which have been duly authorized by all proper and necessary corporate action, and the Borrower is in full compliance with its Organization Documents. The Borrower has duly executed and delivered the Credit Documents to which it is a party.
Appears in 9 contracts
Sources: Assignment, Acceptance and Amendment No. 5 to Amended and Restated Credit Agreement (Abrdn Asia-Pacific Income Fund, Inc.), Credit Agreement (Abrdn Asia-Pacific Income Fund, Inc.), Credit Agreement (Abrdn Asia-Pacific Income Fund, Inc.)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, statutory trust action and the Borrower is are in full compliance with its Organization Organizational Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 4 contracts
Sources: Credit Agreement (Voya SENIOR INCOME FUND), Credit Agreement (Voya SENIOR INCOME FUND), Credit Agreement (Voya SENIOR INCOME FUND)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary limited liability company, corporate action, or other applicable action and the Borrower is in full compliance with its Organization Organizational Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 4 contracts
Sources: Credit Agreement (Lincoln Educational Services Corp), Credit Agreement, Credit Agreement (Lincoln Educational Services Corp)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit Loan Documents, all of which have been duly authorized by all proper and necessary corporate action, and the Borrower is in full compliance with its Organization Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 3 contracts
Sources: Credit Agreement (Avenue Income Credit Strategies Fund), Credit Agreement (Aberdeen Global Income Fund Inc), Credit Agreement (Highland Floating Rate Advantage Fund)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, and the Borrower is in full compliance with its Organization Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 3 contracts
Sources: Credit Agreement (Tortoise Energy Independence Fund, Inc.), Credit Agreement (Tortoise Power & Energy Infrastructure Fund Inc), Credit Agreement (Tortoise Energy Independence Fund, Inc.)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which (a) have been duly authorized by all proper and necessary corporate action, and (b) do not conflict with the Borrower is in full compliance with its Borrower’s Organization Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 3 contracts
Sources: Credit Agreement (Blackstone / GSO Long-Short Credit Income Fund), Credit Agreement (Blackstone / GSO Long-Short Credit Income Fund), Credit Agreement (Blackstone / GSO Strategic Credit Fund)
Authority and Execution. The Such Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit Documents, both individually and for the account of each Related Fund, all of which have been duly authorized by all proper and necessary corporate statutory trust action, as the case may be, and the Borrower is in full compliance with its Organization Documents. The Such Borrower has duly executed and delivered the Credit Documents to which it is a party.
Appears in 2 contracts
Sources: Credit Agreement (Highland Funds I), Credit Agreement (Highland Floating Rate Fund)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, and the Borrower is in full compliance do not conflict with its Organization Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 1 contract
Sources: Credit Agreement (XAI Octagon Floating Rate & Alternative Income Trust)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit Documents, all of which have been duly authorized by all proper and necessary corporate statutory trust action, and the Borrower is in full compliance with its Organization Documents. The Borrower has duly executed and delivered the Credit Documents to which it is a party.
Appears in 1 contract
Authority and Execution. The Such Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, and the such Borrower is in full compliance with its Organization Documents. The Such Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 1 contract
Sources: Credit Agreement (DBX ETF Trust)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party and to cause the Preferred Shares Redemption, all of which (a) have been duly authorized by all proper and necessary corporate action, and (b) do not conflict with the Borrower is in full compliance with its Borrower’s Organization Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 1 contract
Sources: Credit Agreement (Blackstone / GSO Senior Floating Rate Term Fund)
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, and does not conflict with the Borrower is in full compliance with its Borrower’s Organization Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 1 contract
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, or other applicable action and the Borrower is are in full compliance with its Organization Organizational Documents. The Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 1 contract
Authority and Execution. The Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit Loan Documents, all of which have been duly authorized by all proper and necessary corporate action, action and the Borrower is are in full compliance with its Organization Organizational Documents. The Borrower has duly executed and delivered the Credit Documents to which it is a partyLoan Documents.
Appears in 1 contract
Sources: Credit Agreement (Meta Group Inc)
Authority and Execution. The Such Borrower has full legal power and authority to enter into, execute, deliver and perform the terms of the Credit DocumentsLoan Documents to which it is a party, all of which have been duly authorized by all proper and necessary corporate action, and the Borrower Related Company thereof is in full compliance with its Organization Documents. The Such Borrower has duly executed and delivered the Credit Loan Documents to which it is a party.
Appears in 1 contract
Authority and Execution. The Borrower has full legal corporate power and authority to enter into, execute, deliver and perform the terms of the Credit Loan Documents, all of which have been duly authorized by all proper and necessary corporate action, action and the Borrower is are in full compliance with its Organization Documents. The Articles of Incorporation and Code of Regulations, and the Borrower has duly executed and delivered the Credit Documents to which it is a partyLoan Documents.
Appears in 1 contract
Authority and Execution. The Borrower has full legal corporate power and authority to enter into, execute, deliver and perform the terms of the Credit Documents, Loan Documents all of which have been duly authorized by all proper and necessary corporate action, action and the Borrower is in full compliance with its Organization Organizational Documents. The Borrower has duly executed and delivered the Credit Documents to which it is a partyLoan Docu ments.
Appears in 1 contract