Authorizing Resolutions and Incumbency. Lender shall have received a certificate from the Secretary of Borrower and each corporate Guarantor attesting to (i) the adoption of resolutions of each respective Board of Directors authorizing the borrowing of money from Lender or the guaranty of the Indebtedness, as the case may be, and execution and delivery of this Agreement and the other Loan Documents to which Borrower and Guarantor are a party, and authorizing specific officers of Borrower and Guarantor to execute same, and (ii) the authenticity of original specimen signatures of such officers;
Appears in 5 contracts
Samples: Loan and Security Agreement (Thaxton Group Inc), Loan and Security Agreement (Thaxton Group Inc), Loan and Security Agreement (Finantra Capital Inc)
Authorizing Resolutions and Incumbency. Lender shall have received a certificate from the Secretary or Assistant Secretary of Borrower and each corporate Guarantor attesting to (i) the adoption of resolutions of each respective Board of Directors authorizing the borrowing of money from Lender or the guaranty of the Indebtedness, as the case may be, and execution and delivery of this Agreement and the other Loan Documents to which Borrower and Guarantor are a party, and authorizing specific officers of Borrower and Guarantor to execute same, and (ii) the authenticity of original specimen signatures of such officers;
Appears in 3 contracts
Samples: Loan and Security Agreement (Crown Group Inc /Tx/), Loan and Security Agreement (Smart Choice Automotive Group Inc), Loan and Security Agreement (Smart Choice Automotive Group Inc)