Execution of Loan Documents; Borrowing Base Certificate. The Loan Parties hereby empower and authorize the Company, on behalf of the Loan Parties, to execute and deliver to the Agent and the Lenders the Loan Documents and all related agreements, certificates, documents, or instruments as shall be necessary or appropriate to effect the purposes of the Loan Documents, including without limitation, the Aggregate Borrowing Base Certificates and the Compliance Certificates. Each Loan Party agrees that any action taken by the Company in accordance with the terms of this Agreement or the other Loan Documents, and the exercise by the Company of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Loan Parties.
Appears in 2 contracts
Sources: Credit Agreement (Brush Engineered Materials Inc), Credit Agreement (Brush Engineered Materials Inc)