Example ContractsClausesAuthority to Execute Loan Documents
Authority to Execute Loan Documents
Authority to Execute Loan Documents contract clause examples

Authority to Execute Loan Documents. The individual(s) executing this Note on behalf of Borrower represents to Lender that he and/or she has been duly authorized under the Borrower’s organizational documents and Florida law by either # the Board of Directors of the Borrower if the Borrower is a corporation; or # the required Manager(s) of the Borrower if the Borrower is a “manager managed” limited liability company; or # the required Managing Member(s) of the Borrower if the Borrower is a “member managed” limited liability company; or # the General Partner of the Borrower if the Borrower is a general partnership; or # the General Partner of the Borrower if the Borrower is a limited liability limited partnership to make, execute and deliver this Note and all other Loan Documents in his and/or her capacities as set forth in their respective signature block(s) below. The undersigned represent(s) that the Borrower’s acceptance of this Loan and the execution of all the Loan Documents have all been duly authorized, and that all the Loan Documents are legally binding upon Borrower.

A copy, certified by the Executive Chairman, President, Chief Financial Officer, or Secretary of the Company, of the Charter of the Company;

AUTHORITY TO EXECUTE DOCUMENTS. Affiant has authority to execute the deed and/or the Mortgage conveying the Property.

Authorization to Execute. If Tenant is a corporation, limited liability company, partnership or other entity, each individual executing this Lease on behalf of said organization represents and warrants that he is duly authorized to execute and deliver this Lease on behalf of said organization in accordance with a duly adopted resolution or other applicable authorization of said organization, and that this Lease is binding upon said organization in accordance with its terms. Further, if requested by Landlord, Tenant shall, within thirty (30) days after such request, deliver to Landlord a certified copy of a resolution or other applicable authorization of said organization authorizing or ratifying the execution of this Lease.

Authority to Execute Loan Documents. The individual(s) executing this Note on behalf of Borrower represents to Lender that he and/or she has been duly authorized under the Borrower’s organizational documents and Florida law by either # the Board of Directors of the Borrower if the Borrower is a corporation; or # the required Manager(s) of the Borrower if the Borrower is a “manager managed” limited liability company; or # the required Managing Member(s) of the Borrower if the Borrower is a “member managed” limited liability company; or # the General Partner of the Borrower if the Borrower is a general partnership; or # the General Partner of the Borrower if the Borrower is a limited liability limited partnership to make, execute and deliver this Note and all other Loan Documents in his and/or her capacities as set forth in their respective signature block(s) below. The undersigned represent(s) that the Borrower’s acceptance of this Loan and the execution of all the Loan Documents have all been duly authorized, and that all the Loan Documents are legally binding upon Borrower.

Authority to Execute Loan Documents. The individual(s) executing this Note on behalf of Borrower represents to Lender that he and/or she has been duly authorized under the Borrower’s organizational documents and Florida law by either # the Board of Directors of the Borrower if the Borrower is a corporation; or # the required Manager(s) of the Borrower if the Borrower is a “manager managed” limited liability company; or # the required Managing Member(s) of

Authority to Execute Loan Documents. The individual(s) executing this Note on behalf of Borrower represents to Lender that he and/or she has been duly authorized under the Borrower’s organizational documents and Florida law by either # the Board of Directors of the Borrower if the Borrower is a corporation; or # the required Manager(s) of the Borrower if the Borrower is a “manager managed” limited liability company; or # the required Managing Member(s) of the Borrower if the Borrower is a “member managed” limited liability company; or # the General Partner of the Borrower if the Borrower is a general partnership; or # the General Partner of the Borrower if the Borrower is a limited liability limited partnership to make, execute and deliver this Note and all other Loan Documents in his and/or her capacities as set forth in their respective signature block(s) below. The undersigned represent(s) that the Borrower’s acceptance of this Loan and the execution of all the Loan Documents have all been duly authorized, and that all the Loan Documents are legally binding upon Borrower.

Authority to Execute Loan Documents. Borrower has the full power and authority to execute, deliver and perform its obligations under the Loan Documents and grant the security interests in the Collateral, and the execution, delivery and performance of the Loan Documents and the consummation of the transactions contemplated thereby have been duly authorized by all requisite action on the part of Borrower. The Person or Persons signing the Loan Documents on behalf of Borrower are duly authorized to execute the Loan Documents and all other documents necessary to consummate the Loan on behalf of Borrower.

Authority Documents. The Agent shall have received, in form and substance reasonably satisfactory to the Agent, an officer’s certificate # certifying that the articles of incorporation or other organizational documents, as applicable, of each Credit Party that were delivered on the Closing Date remain true and complete as of the First Amendment Effective Date (or certified updates as applicable), # attaching the articles of incorporation or other organizational documents, as applicable, of any Credit Party that were not delivered on the Closing Date, and certifying that they are true and complete as of the First Amendment Effective Date, # certifying that the bylaws, operating agreements or partnership agreements of each Credit Party that were delivered on the Closing Date remain true and complete as of the First Amendment Effective Date (or certified updates as applicable), # attaching the bylaws, operating agreements or partnership agreements of any Credit Party that were not delivered on the Closing Date and certifying that they are true and correct and in force and effect as of the First Amendment Effective Date, # attaching copies of the resolutions of the board of directors of each Credit Party approving and adopting this Amendment (including the Revolving B Commitments), the transactions contemplated herein and authorizing execution and delivery hereof, and certifying such resolutions to be true and correct and in force and effect as of the First Amendment Effective Date, # attaching, unless waived by the Agent, certificates of good standing, existence or its equivalent with respect to each Credit Party certified as of a recent date by the appropriate Governmental Authorities of the state of incorporation or organization and # certifying that each officer listed in the incumbency certification contained in such officer’s certificate is a duly elected and qualified officer of such Credit Party and such officer is duly authorized to execute and deliver on behalf of such Credit Party the Amendment.

Authority Documents. The Administrative Agent shall have received the following:

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