Power and Authority Representation

Description

This AI field captures representations that a loan party/obligor has all requisite power and authority to enter into the agreement and that all necessary internal authorizations and approvals have been obtained for that purpose.

Jurisdiction

  • Australia
  • Canada (Ontario)
  • United Kingdom (England)
  • United States (Illinois, New York, and Ohio)

Document Types

  • 77% Debt Related Agt
  • 21% Debt Supplemental Agt
  • 2% Other

Tags

  • Credit/Facility Agreements

Language

  • 100% English