Common use of Due Authorization, Execution and Delivery Clause in Contracts

Due Authorization, Execution and Delivery. This Security Agreement has been duly authorized, executed and delivered by Debtor and constitutes the legal, valid and binding obligation of Debtor enforceable in accordance with its terms.

Appears in 5 contracts

Sources: Loan Agreement (American Healthchoice Inc /Ny/), Security Agreement (Nighthawk Systems Inc), Security Agreement (Nighthawk Systems Inc)

Due Authorization, Execution and Delivery. This Security Agreement has been duly authorized, executed and delivered by Debtor and constitutes the legal, valid and binding obligation of Debtor enforceable in accordance with its terms.

Appears in 1 contract

Sources: Security Agreement (Payment Data Systems Inc)