Common use of Authority and Execution Clause in Contracts

Authority and Execution. Each of the Borrower and each Significant Subsidiary has full legal power and authority to enter into, execute, deliver and perform the terms of the Loan Documents to which it is a party all of which have been duly authorized by all proper and necessary corporate, partnership or other applicable action and are in full compliance with its Organizational Documents. The Borrower and each Significant Subsidiary has duly executed and delivered each Loan Document to which it is a party.

Authority and Execution. Each of the Borrower and each Significant Subsidiary of its Subsidiaries has full legal power and authority to enter into, execute, deliver and perform the terms of the Loan Documents to which it is a party all of which have been duly authorized by all proper and necessary corporate, partnership or other applicable action and are in full compliance with its Organizational Documents, except where the failure to be in such full compliance could not reasonably be expected to have a Material Adverse Effect. The Borrower and each Significant Subsidiary of its Subsidiaries has duly executed and delivered each the Loan Document Documents to which it is a party.

Authority and Execution. Each of the Borrower Company and each Significant Subsidiary of its Subsidiaries has full legal power and authority to enter into, execute, deliver and perform the terms of the Loan Documents to which it is a party all of which have been duly authorized by all proper and necessary corporate, partnership or other applicable action and are in full compliance with its Organizational Organization Documents. The Borrower Company and each Significant Subsidiary of its Subsidiaries has duly executed and delivered each the Loan Document Documents to which it is a party.

Authority and Execution. Each of the Borrower and each Significant Subsidiary has full legal power and authority to own its Property, conduct its business and enter into, execute, deliver and perform the terms of the Loan Documents to which it is a party all of which have been duly authorized by all proper and necessary corporate, partnership or other applicable action and are in full compliance with its Organizational Documents. The Borrower and each Significant Subsidiary has duly executed and delivered each the Loan Document to which it is a partyDocuments.

Authority and Execution. Each of the Borrower Parent and each Significant Subsidiary has full legal power and authority to own its Property, conduct its business and enter into, execute, deliver and perform the terms of the Loan Documents to which it is a party all of which have been duly authorized by all proper and necessary corporate, partnership or other applicable action and are in full compliance with its Organizational Documents. The Borrower Parent and each Significant Subsidiary has duly executed and delivered each Loan Document to which it is a party.

Authority and Execution. Each of the Borrower and each Significant Domestic Subsidiary has full legal power and authority to enter into, execute, deliver and perform the terms of the Loan Documents to which it is a party party, all of which have been duly authorized by all proper and necessary corporate, partnership or other applicable action and are in full compliance with its Organizational Documents. The Each of the Borrower and each Significant Domestic Subsidiary has duly executed and delivered each the Loan Document Documents to which it is a party.