Common use of Authorization of Borrowing Clause in Contracts

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions on the part of each Loan Party that is a party thereto.

Appears in 9 contracts

Sources: Credit Agreement (Decrane Holdings Co), Credit Agreement (Decrane Aircraft Holdings Inc), Credit Agreement (Autotote Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Project Documents have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 6 contracts

Sources: Credit Agreement (Las Vegas Sands Inc), Credit Agreement (Las Vegas Sands Inc), Credit Agreement (Grand Canal Shops Mall Construction LLC)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate or other equivalent action on the part of each Loan Party that is a party thereto.

Appears in 6 contracts

Sources: Credit Agreement (Express Scripts Holding Co.), Credit Agreement (Express Scripts Holding Co.), Credit Agreement (Express Scripts Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate or other action on the part of each Loan Party that is a party thereto.

Appears in 5 contracts

Sources: Credit Agreement (Alliance HealthCare Services, Inc), Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Authorization of Borrowing. The execution, delivery and performance of each of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 4 contracts

Sources: Credit Agreement (FTD Companies, Inc.), Credit Agreement (FTD Companies, Inc.), Credit Agreement (United Online Inc)

Authorization of Borrowing. The execution, delivery and performance of each of the Loan Documents and by each of the Related Agreements Loan Parties party thereto have been duly authorized by all necessary actions corporate action on the part of each such Loan Party that is a party theretoParties.

Appears in 4 contracts

Sources: Credit Agreement (Safeway Inc), Credit Agreement (Safeway Inc), Credit Agreement (Safeway Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Agreement have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 4 contracts

Sources: Second Lien Credit Agreement (SafeNet Holding Corp), First Lien Credit Agreement (SafeNet Holding Corp), First Lien Credit Agreement (SafeNet Holding Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of Borrower and each Loan Party of its Subsidiaries that is a party thereto.

Appears in 3 contracts

Sources: Credit Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Documents have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 3 contracts

Sources: Credit Agreement (Viasource Communications Inc), Credit Agreement (Nacg Finance LLC), Credit Agreement (Viasource Communications Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements issuance, delivery and payment of the Notes have been duly authorized by all necessary actions on the part of corporate action by each Loan Party that is a party theretoParty.

Appears in 3 contracts

Sources: Credit Agreement (Borg Warner Security Corp), Credit Agreement (Owens Illinois Inc /De/), Credit Agreement (Owens Illinois Inc /De/)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements issuance, delivery and payment of the Notes have been duly authorized by all necessary actions corporate and/or partnership (as applicable) action on the part of each of the Loan Party that is a Parties party thereto.

Appears in 3 contracts

Sources: Credit Agreement (DMW Worldwide Inc), Credit Agreement (Microclock Inc), Credit Agreement (Wellman North America Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate, partnership or limited liability action on the part of each Loan Party that is a party thereto.

Appears in 3 contracts

Sources: Credit Agreement (IntraLinks Holdings, Inc.), Credit Agreement (IntraLinks Holdings, Inc.), Second Lien Credit Agreement (IntraLinks Holdings, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Transaction Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 2 contracts

Sources: Credit Agreement (EngageSmart, LLC), Credit Agreement (EngageSmart, LLC)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements issuance, delivery and payment of the Notes and Intercompany Notes have been duly authorized by all necessary actions corporate or partnership action, as the case may be, on the part of each Loan Credit Party that is a party thereto.

Appears in 2 contracts

Sources: Credit Agreement (Granite Broadcasting Corp), Credit Agreement (Granite Broadcasting Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate, partnership or limited liability action on the part of each Loan Party that is a party thereto.

Appears in 2 contracts

Sources: Credit Agreement (IntraLinks Holdings, Inc.), Credit Agreement (IntraLinks Holdings, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Acquisition Agreement have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 2 contracts

Sources: Credit Agreement (Ruths Hospitality Group, Inc.), Credit Agreement (Ruths Chris Steak House, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Credit Documents and the Related Agreements have been duly authorized by all necessary actions corporate, limited liability company or partnership action on the part of each Loan Credit Party that is a party thereto.

Appears in 2 contracts

Sources: Credit Agreement (Pantry Inc), Credit Agreement (Pantry Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements (i) have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto; and (ii) have been or by the Closing Date will be duly authorized by the Court.

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (Farmland Industries Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate or other organizational action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Maidenform Brands, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the each Term Loan Documents and the Related Agreements Document have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Term Loan Agreement (Loews Cineplex Entertainment Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements to which it is a party have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party theretoParty.

Appears in 1 contract

Sources: Credit Agreement (Oakley Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.. Ruths_Second Amended and Restated Credit Agreement (2)

Appears in 1 contract

Sources: Credit Agreement (Ruths Hospitality Group, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements issuance, delivery, and payment of the Obligation have been duly authorized by all necessary actions corporate and/or partnership (as applicable) action on the part of each of the Loan Party that is a Parties party thereto.

Appears in 1 contract

Sources: Term Loan and Security Agreement (American Real Estate Partners L P)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Merger Agreement have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Urs Corp /New/)

Authorization of Borrowing. The execution, delivery and performance of the Revolving Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Revolving Loan Credit Agreement (JCS Realty Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate and/or partnership (as applicable) action on the part of each of the Loan Party that is a Parties party thereto.

Appears in 1 contract

Sources: Credit Agreement (Chippac LTD)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate, limited liability company and/or partnership (as applicable) action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Anthony Crane Rental Holdings Lp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have has been duly authorized by all necessary actions on the part of corporate action by each Loan Credit Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Danaher Corp /De/)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of each Loan Party member of the Borrower Group that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Fibernet Telecom Group Inc\)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Itron Inc /Wa/)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements issuance, delivery and payment of the Notes have been duly authorized by all necessary actions on corporate or partnership, as the part of case may be, action by each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Paxson Communications Corp)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Agreements, and the Dividend Transaction, have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Directed Electronics, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate or partnership action on the part of each Loan Credit Party that is a party thereto.

Appears in 1 contract

Sources: Loan and Security Agreement (Calton Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements First Lien Credit Agreement have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Term Loan Agreement (Bare Escentuals Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements consummation of the Recapitalization have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Hexcel Corp /De/)

Authorization of Borrowing. The execution, delivery and performance of this Agreement and the other Loan Documents to which each Loan Party is a party and the Related Agreements issuance, delivery and payment of the Note have been duly authorized by all necessary actions corporate, partnership or other action on the part of each Loan Party that is a party theretoParty, as the case may be.

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Royale Investments Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Agreements, and the Transactions, have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Directed Electronics, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions organizational action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Volt Information Sciences, Inc.)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents Documents, the Registration Rights Agreement and the Related Agreements Warrants have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Read Rite Corp /De/)

Authorization of Borrowing. The execution, delivery and performance of the each Loan Documents Document to which it is a party and the Related Agreements issuance, delivery and payment of the Notes have been duly authorized by all necessary actions on the part of corporate action by each Loan Party that is a party theretoto such Loan Document.

Appears in 1 contract

Sources: Credit Agreement (Mattel Inc /De/)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements Second Lien Term Loan Agreement have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Bare Escentuals Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate, limited liability company or partnership, as applicable, action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Sealy Corp)

Authorization of Borrowing. The execution, delivery and -------------------------- performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions corporate action on the part of each Loan Party that is a party thereto.

Appears in 1 contract

Sources: Credit Agreement (Dominos Pizza Government Services Division Inc)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements have been duly authorized by all necessary actions action on the part of each Loan Party that is a party thereto.. Table of Contents

Appears in 1 contract

Sources: Credit Agreement (Urs Corp /New/)

Authorization of Borrowing. The execution, delivery and performance of the Loan Documents and the Related Agreements (i) have been duly authorized by all necessary actions action on the part of each Loan Party that is a party theretothereto and (ii) have been or by the Closing Date will be duly authorized by the Bankruptcy Court.

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (Covanta Energy Corp)