Power and Authorization. The Borrower and each Guarantor is duly authorized and empowered to execute, deliver, and perform its obligations under each Loan Document and all corporate or other action on the part of each of the Borrower and each Guarantor requisite for the due execution, delivery, and performance of each Loan Document has been duly and effectively taken.
Appears in 5 contracts
Sources: Loan and Security Agreement (Healthy Choice Wellness Corp.), Loan and Security Agreement (Vivakor, Inc.), Loan and Security Agreement (Healthy Choice Wellness Corp.)
Power and Authorization. The Borrower and each Guarantor is the Guarantors are duly authorized and empowered to execute, deliver, and perform its obligations under all Loan Documents to which each Loan Document and all corporate or other action on the part of each of the Borrower and each Guarantor requisite for the due executionis a party, delivery, and performance of each Loan Document has been duly and effectively takenin accordance with their respective organizational documents.
Appears in 5 contracts
Sources: Revolving Credit Loan Agreement (Cumberland Pharmaceuticals Inc), Revolving Credit Loan Agreement, Revolving Credit Loan Agreement
Power and Authorization. The Borrower and each Guarantor is duly authorized have the power and empowered requisite authority, and has taken all action necessary, to execute, deliver, deliver and perform its obligations under each the Loan Document and all corporate or other action on the part of each of the Borrower and each Guarantor requisite for the due execution, delivery, and performance of each Loan Document has been duly and effectively takenDocuments.
Appears in 4 contracts
Sources: Loan Agreement (Clayton Williams Energy Inc /De), Loan Agreement (Clayton Williams Energy Inc /De), Loan Agreement (Clayton Williams Energy Inc /De)
Power and Authorization. The Borrower and each Guarantor is duly authorized and empowered to execute, deliver, and perform its obligations under each Loan Document and all corporate or other action on the part of each of the Borrower and each Guarantor requisite for the due execution, delivery, and performance of each Loan Document has been duly and effectively taken.
Appears in 2 contracts
Sources: Loan Agreement (Pulse Biosciences, Inc.), Loan Agreement (Pulse Biosciences, Inc.)
Power and Authorization. The Borrower and each Guarantor is of the Guarantors, as applicable, are duly authorized and empowered to execute, deliver, and perform its obligations under each all Loan Document and all corporate or other action on Documents; the part board of each directors of the Borrower (and each Guarantor requisite Guarantor, as applicable) has authorized the execution and performance of the Loan Documents; and all other corporate action on Borrower's (and Guarantors') part required for the due execution, delivery, and performance of each the Loan Document Documents has been duly and effectively taken.
Appears in 2 contracts
Sources: Credit Agreement (Cracker Barrel Old Country Store Inc), Credit Agreement (Sofamor Danek Group Inc)
Power and Authorization. The Borrower, each Guarantor and each of the respective Subsidiaries of the Borrower and each Guarantor Guarantor, is duly authorized and empowered to execute, deliver, and perform its obligations under each Loan Document and all corporate or other action on the part of the Borrower, each Guarantor and each of the Borrower and each Guarantor their Subsidiaries requisite for the due execution, delivery, and performance of each Loan Document has been duly and effectively taken.
Appears in 1 contract
Sources: Loan and Security Agreement (Healthier Choices Management Corp.)
Power and Authorization. The Borrower and Guarantor are each Guarantor is duly authorized and empowered to execute, deliver, deliver and perform its obligations under each Loan Document and all documents executed by it. All corporate or other action on the part of each of the Borrower and each Guarantor requisite for the due execution, delivery, creation and performance execution of each Loan Document has all documents relating to this Agreement have been duly and effectively taken.
Appears in 1 contract