Borrower's Organizational Documents And Resolutions Sample Clauses

Borrower's Organizational Documents And Resolutions. (i) A certified copy from the appropriate governmental body of organizational documents of Borrower, certifying that Borrower is duly organized, validly existing, and in good standing under the state of its existence, (ii) evidence that Borrower has the authority under such documents and laws to enter into the Loan as contemplated by the Loan Documents, and (iii) if applicable, evidence that Borrower has made all appropriate filings, including without limitation, qualification to do business in the state where the Land is located, the state of its organization or domicile, and Florida, necessary to enter into the Loan and execute the Loan Documents. Additionally, Borrower shall provide (i) certified resolutions or other corporate documents of Borrower evidencing that Borrower has taken all requisite corporate action, and received all corporate approvals necessary to enter into the Loan and execute the Loan Documents, and (ii) such other documents or writings as Bank may reasonably request.
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Borrower's Organizational Documents And Resolutions. A certified copy, from the appropriate governmental body, of organizational documents of Borrower, as appropriate, certifying that Borrower is duly organized, validly existing, and in good standing under the state of its existence. Additionally, Borrower shall provide (i) if appropriate, certified resolutions or other internal documents or writing of Borrower evidencing that Borrower has taken all requisite organizational action, and received all organizational approvals necessary to enter into the transactions contemplated by the Loan Documents, and (ii) such other documents or writings as Bank may request.
Sample 1
Borrower's Organizational Documents And Resolutions. If Borrower is an entity other than an individual. Borrower has provided Lender with true and correct copies of Borrower's organizational documents and resolutions, and all such documents remain in full force and effect.
Sample 1
Borrower's Organizational Documents And Resolutions. A certified copy, from the appropriate governmental body or corporate officer, of organizational documents of Borrower, and any partner or member of Borrower, as appropriate, certif5iing that Borrower and/or such partner or member (1) is duly organized, validly existing, and in good standing under the state of its creation, (ii) has the authority under such documents and laws to enter into the Loan as contemplated by the Loan Documents, and (iii) has made all appropriate filings, including without limitation, qualification to do business in the Commonwealth of Virginia necessary to enter into the Loan and execute the Loan Documents. Additionally, Borrower shall provide (A) if appropriate, certified resolutions or other internal documents or writings of Borrower and such partner or member evidencing that Borrower and such partner or member have taken all requisite organizational action, and received all organizational approvals necessary to enter into the Loan and execute the Loan Documents, and (B) such other documents or writings as Bank may request.
Sample 1

Related to Borrower's Organizational Documents And Resolutions

  • Modifications of Organizational Documents The Parent and the Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, amend, supplement, restate or otherwise modify its articles or certificate of incorporation, by-laws, operating agreement, declaration of trust, partnership agreement or other applicable organizational document if such amendment, supplement, restatement or other modification could reasonably be expected to have a Material Adverse Effect.

  • Certified Copies of Organizational Documents The Agent shall have received from the Borrower a copy, certified as of a recent date by the appropriate officer of each State in which the Borrower, the Guarantors or any of their respective Subsidiaries, as applicable, is organized or in which the Real Estate is located and a duly authorized partner, member or officer of such Person, as applicable, to be true and complete, of the partnership agreement, corporate charter, declaration of trust or other organizational documents of the Borrower, the Guarantors, or any Subsidiary, as applicable, or its qualification to do business, as applicable, as in effect on such date of certification.

  • Amendments of Organizational Documents Amend any of its Organizational Documents in any manner that may be adverse to the Administrative Agent or the Lenders or otherwise result in a Material Adverse Effect.

  • Amendments to Organizational Documents The Borrower will not, nor will it permit any of its Restricted Subsidiaries to, enter into or permit any modification or amendment of, or waive any material right or obligation of any Person under its Organizational Documents if the effect thereof would be materially adverse to the Administrative Agent or any Lender or violate Section 7.10.

  • Amendment to Organizational Documents The Borrowers will not, and will not permit any of their respective Subsidiaries to, amend, modify or waive any of its rights in a manner materially adverse to the Lenders or any Borrower under its certificate of incorporation, bylaws or other organizational documents.

  • Amendment of Organizational Documents The Borrower will not, or will permit any Restricted Subsidiary to, amend, modify or waive any of its rights under its articles or certificate of incorporation, by-laws or other organizational documents, in either case, to the extent such amendment, modification or waiver would be adverse in any material respect to the rights or interests of the Lenders hereunder or under any other Loan Document.

  • Modification of Organizational Documents Not permit the charter, by-laws or other organizational documents of any Loan Party to be amended or modified in any way which could reasonably be expected to materially adversely affect the interests of the Lenders.

  • Compliance with Organizational Documents The Seller shall comply with its limited liability company agreement and other organizational documents.

  • Organizational Documents; Incumbency Administrative Agent shall have received (i) sufficient copies of each Organizational Document executed and delivered by each Credit Party, as applicable, and, to the extent applicable, certified as of a recent date by the appropriate governmental official, for each Lender, each dated the Closing Date or a recent date prior thereto; (ii) signature and incumbency certificates of the officers of such Person executing the Credit Documents to which it is a party; (iii) resolutions of the Board of Directors or similar governing body of each Credit Party approving and authorizing the execution, delivery and performance of this Agreement and the other Credit Documents to which it is a party or by which it or its assets may be bound as of the Closing Date, certified as of the Closing Date by its secretary or an assistant secretary as being in full force and effect without modification or amendment; (iv) a good standing certificate from the applicable Governmental Authority of each Credit Party’s jurisdiction of incorporation, organization or formation and in each jurisdiction in which it is qualified as a foreign corporation or other entity to do business, each dated a recent date prior to the Closing Date; and (v) such other documents as Administrative Agent may reasonably request.

  • Amendments or Waivers of Organizational Documents No Credit Party shall, nor shall it permit any of its Subsidiaries to, agree to any amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents after the Third Restatement Date that is materially adverse to such Credit Party or such Subsidiary, as applicable, and to the Lenders.

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