Common use of Authorization and Approvals Clause in Contracts

Authorization and Approvals. The execution, delivery and performance of this Agreement, the borrowings hereunder and the execution, delivery and performance of the Revolving Credit Note, and other documents contemplated hereby (a) have been duly authorized by all requisite corporate action of the Borrower, (b) do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the Bank, (c) will not violate any provision of law, any order of any court or other agency of government, the Articles of Incorporation and Bylaws of Borrower, any provision of any indenture, note, agreement or other instrument to which the Borrower is a party, or by which it or any of its properties or assets are bound, (d) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (e) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Borrower (other than in favor of the Bank and as contemplated hereby).

Authorization and Approvals. The execution, delivery and performance of this Agreement, the borrowings borrowing hereunder and the execution, execution and delivery and performance of the Revolving Credit Note, Notes and other documents contemplated hereby (a) Loan Documents to which any Obligor is a party have been duly authorized by all requisite corporate action of the Borroweraction, (b) do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the BankBank or will be completed and obtained concurrently with the execution and delivery of this Agreement, (c) will not violate any provision of law, any order of any court or other agency of government, the Articles Organizational Documents of Incorporation and Bylaws of Borrowerany Obligor, any provision of any indenture, note, agreement or other instrument to which the Borrower any Obligor is a party, or by which it or any of its properties or assets are bound, (d) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (e) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Borrower (Obligor other than in favor of the Bank and as contemplated hereby).

Authorization and Approvals. The execution, delivery and performance of this Agreement, the borrowings hereunder and the execution, delivery and performance of the Revolving Credit NoteNotes, the Related Documents to which Borrower or Corporate Guarantor is a party and any other documents made by Borrower or Corporate Guarantor as contemplated hereby (a) have been duly authorized by all requisite corporate action or company action, as applicable, of the BorrowerBorrower or Corporate Guarantor, (b) except for UCC filings and the recording of any mortgages, do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority Governmental Authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the Bank, (c) will not violate any provision of law, any order of any court or other agency of government, the Articles of Incorporation or Bylaws or the Articles of Organization and Bylaws operating agreement, as applicable, of BorrowerBorrower or Corporate Guarantor, any provision of any indenture, note, agreement or other instrument to which the Borrower or Corporate Guarantor is a party, or by which it or any of its properties or assets are bound, (d) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (e) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Borrower (other than in favor of the Bank and as contemplated hereby).

Authorization and Approvals. The As to the Borrower, the execution, delivery and performance of this Agreement, the borrowings hereunder borrowing hereunder, and the execution, execution and delivery and performance of each of the Revolving Credit Note, and other documents Loan Documents contemplated hereby (a) have been duly authorized by all requisite corporate action of the Borroweraction, (b) do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the BankLender, (c) will not violate any provision of law, any order of any court or other agency of government, the Articles articles of Incorporation and Bylaws incorporation or bylaws of the Borrower, any provision of any indenture, note, agreement or other instrument to which the Borrower is a party, or by which it or any of its properties or assets are bound, (d) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (e) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the its properties or assets of the Borrower (other than in favor of the Bank Lender and as contemplated hereby).

Authorization and Approvals. The execution, delivery and performance --------------------------- of this Agreement, the borrowings hereunder and the execution, delivery and performance of the Revolving Credit Note, and other documents contemplated hereby (a) have been duly authorized by all requisite corporate action of the Borrower, (b) do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the Bank, (c) will not violate any provision of law, any order of any court or other agency of government, the Articles of Incorporation and or Bylaws of Borrower, any provision of any indenture, note, agreement or other instrument to which the Borrower is a party, or by which it or any of its properties or assets are bound, (d) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (e) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Borrower (other than in favor of Bank in the Bank and as contemplated hereby)future if granted.

Authorization and Approvals. The execution, delivery and performance of this Agreement, the borrowings borrowing hereunder and the execution, execution and delivery and performance of the Revolving Credit NoteNotes, the Security Agreements, the Financing Statements, and other documents contemplated hereby (a) have been duly authorized by all requisite corporate action of the Borroweraction, (ba) do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the Bank, (cb) will not violate any provision of law, any order of any court or other agency of government, the Articles of Incorporation and or Bylaws of the Borrower, any provision of any indenture, note, agreement or other instrument to which the Borrower is a party, or by which it or any of its properties or assets are bound, (dc) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (ed) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Borrower (other than in favor of the Bank and as contemplated hereby).. The execution, delivery and performance of the Guaranty, and other documents contemplated thereby (e) do not require registration with or consent or approval of, or other action by, any

Authorization and Approvals. The execution, delivery and performance of this Agreement, the borrowings borrowing hereunder and the execution, execution and delivery and performance of the Revolving Credit Note, any security agreements, the financing statements, and other documents contemplated hereby (a) have been duly authorized by all requisite corporate action of the Borroweraction, (b) do not require registration with or consent or approval of, or other action by, any federal, state or other governmental authority or regulatory body, or, if such registration, consent or approval is required, the same has been obtained and disclosed in writing to the Bank, (c) will not violate any provision of law, any order of any court or other agency of government, the Articles of Incorporation and or Bylaws of the Borrower, any provision of any indenture, note, agreement or other instrument to which the Borrower is a party, or by which it or any of its properties or assets are bound, (d) will not be in conflict with, result in a breach of or constitute (with or without notice or passage of time) a default under any such indenture, note, agreement or other instrument, and (e) will not result in the creation or imposition of any lien, charge or encumbrance of any nature whatsoever upon any of the properties or assets of the Borrower (other than in favor of the Bank and as contemplated hereby).