Common use of Authorization; Enforceable Agreement Clause in Contracts

Authorization; Enforceable Agreement. This Agreement and the other Loan Documents are within the Borrower's powers, have been duly authorized and do not conflict with any of its organizational documents. The Loan Documents do not conflict with any law, agreement or obligation by which the Borrower is bound. This Agreement is a legal, valid and binding agreement of the Borrower, enforceable against the Borrower in accordance with its terms, and any instrument or document required hereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable.

Authorization; Enforceable Agreement. This Agreement and the other Loan Documents are within the Borrower's ’s powers, have been duly authorized authorized, and do not conflict with any of its organizational documents. The Loan Documents do not conflict with any lawLaw, agreement agreement, or obligation by which the Borrower is bound. This Agreement is a legal, valid and binding agreement of the Borrower, enforceable against the Borrower in accordance with its terms, and any instrument or document required hereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable.

Authorization; Enforceable Agreement. This Agreement and the other Loan Documents are within the Borrowereach Obligor's respective powers, have been duly authorized authorized, and do not conflict with any of its each Obligor's organizational documents. The Loan Documents do not conflict with any law, agreement or obligation by which the Borrower is boundpapers. This Agreement is a legal, valid and binding agreement of the Borrower, enforceable against the Borrower in accordance with its terms, ; and any instrument or document required hereunderthe other Loan Documents, when executed and delivered, will shall be similarly legal, valid, binding and enforceableenforceable against each Obligor that is a party thereto.