This excerpt taken from the MSII 8-K filed Feb 14, 2008.
Section 5.2 Power
5.2(a) The Borrower has the power to execute, deliver and carry out this Agreement, and such other related documents and instruments executed by it. The Borrowers governing board has duly authorized and approved the terms of this Agreement and all related actions by it. No other action, whether by resolution, governmental entity, or otherwise, is necessary for the consummation of the transactions contemplated by this Agreement. The Borrowers performance hereunder does not and will not constitute a breach or default of any agreement or law to which it is subject.
5.2(b) This Agreement and the documents relating thereto, upon execution and delivery, will constitute Borrowers legal, valid and binding agreements enforceable in accordance with their terms.