Common use of Borrower Authority Clause in Contracts

Borrower Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their legal counsel: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of the Borrower as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with this Agreement, the Notes and the other Borrower Documents; and (ii) such evidence as the Agent may require to verify that the Borrower is duly formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of the Borrower’s certificate of formation and operating agreement and a certificate of good standing.

Appears in 2 contracts

Samples: Loan Agreement (Elandia International Inc.), Loan Agreement (Elandia, Inc.)

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Borrower Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their legal counselAgent: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of the Borrower as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with this Agreement, the Notes Agreement and the other Loan Documents to which Borrower Documentsis a party; and (ii) such evidence as the Agent may require to verify that the Borrower is duly incorporated or formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of the Borrower’s certificate articles of formation and operating agreement incorporation for the Borrower and a certificate of good standing.

Appears in 1 contract

Samples: Credit Agreement (Flow International Corp)

Borrower Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their legal counselAgent: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of the Borrower as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with this Agreement, the Notes and the other Loan Documents to which Borrower Documentsis a party; and (ii) such evidence as the Agent may require to verify that the Borrower is duly incorporated or formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of the Borrower’s certificate articles of formation and operating agreement incorporation for the Borrower and a certificate of good standing.

Appears in 1 contract

Samples: Credit Agreement (Flow International Corp)

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Borrower Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their its legal counsel: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of the Borrower as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with this Agreement, the Notes and the other Borrower Documents; and (ii) such evidence as the Agent may require to verify that the Borrower is duly formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of the Borrower’s certificate of formation and operating agreement and a certificate of good standing.

Appears in 1 contract

Samples: Loan Agreement (Elandia International Inc.)

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