Common use of Right to Act Clause in Contracts

Right to Act. No registration with or consent or approval of any governmental agency of any kind is required for the execution, delivery, performance and enforceability of the Borrower Documents. The Borrower has full power and authority, corporate and otherwise, to execute, deliver and perform the Borrower Documents.

Appears in 4 contracts

Sources: Loan Agreement (Orig LLC), Loan Agreement (Primeholdings Com Inc), Loan Agreement (Orig LLC)

Right to Act. No registration with or consent or approval of any ------------- governmental agency of any kind is required for the execution, delivery, performance and enforceability of the Borrower Documents. The Borrower has full power and authority, corporate and otherwise, to execute, deliver and perform the Borrower Documents.

Appears in 1 contract

Sources: Loan Agreement (NTS Properties Vii LTD/Fl)

Right to Act. No registration with or consent or approval of any governmental agency of any kind is required for the execution, delivery, delivery performance and enforceability of the Borrower Documents. The Borrower has full power and authority, corporate and otherwise, to execute, deliver and perform the Borrower DocumentsDocuments to which it is a party.

Appears in 1 contract

Sources: Loan Agreement (Pomeroy Computer Resources Inc)

Right to Act. No registration with or consent or approval of any governmental agency of any kind is required for the execution, delivery, performance and enforceability of the Borrower Loan Documents. The Borrower has full power and authority, corporate corporate, partnership and otherwise, to execute, deliver and perform the Borrower DocumentsLoan Documents to which it is a party. Each of the Class A Member has full capacity to execute, deliver and perform the Loan Documents to which each is a party.

Appears in 1 contract

Sources: Loan Agreement (Tumbleweed Inc)