CERTIFICATES OR INSTRUMENTS Clause Samples

The "Certificates or Instruments" clause defines the requirements and procedures for issuing, delivering, or transferring official documents or financial instruments related to the agreement. Typically, this clause outlines the types of certificates or instruments involved—such as stock certificates, promissory notes, or other evidences of ownership or debt—and specifies how and when they must be provided to the relevant parties. Its core practical function is to ensure that all parties receive the necessary documentation to evidence their rights or obligations, thereby reducing the risk of disputes over ownership or entitlement.
CERTIFICATES OR INSTRUMENTS. Any certificates or instruments representing or evidencing Collateral shall be delivered to and held by or on behalf of the Collateral Agent for the benefit of the Secured Parties pursuant hereto and to the Collateral Agency Agreement and be in suitable form for transfer by delivery or accompanied by duly executed instruments of transfer or assignment in blank, all in form reasonably satisfactory to the Collateral Agent and in form and substance reasonably satisfactory to the Bank. Upon the occurrence and during the continuance of any Event of Default, the Collateral Agent will have the right at any time in its sole discretion and without notice to Pledgor to transfer to or to register in the name of the Collateral Agent or its nominees any or all of the Collateral, subject only to the revocable rights specified in Section 7(a) and compliance with ACC Regulations. In addition, on the occurrence and during the continuance of any Event of Default, the Collateral Agent will have the right to exchange certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations.
CERTIFICATES OR INSTRUMENTS. Seller shall have delivered to Purchaser such other certificates or instruments as Purchaser may reasonably request in a form and substance reasonably satisfactory to Purchaser.

Related to CERTIFICATES OR INSTRUMENTS

  • Certificates; Other Information Furnish to the Administrative Agent for delivery to the Banks (or, in the case of clause (d), to the relevant Bank): (a) concurrently with the delivery of any financial statements pursuant to Section 5.1, (i) a certificate of a Responsible Officer stating that, to the best of each such Responsible Officer’s knowledge, each Credit Party during such period has observed or performed all of its covenants and other agreements, and satisfied every condition, contained in this Agreement and the other Credit Documents to which it is a party to be observed, performed or satisfied by it, and that such Responsible Officer has obtained no knowledge of any Default or Event of Default except as specified in such certificate, and (ii) a Compliance Certificate containing all information and calculations necessary for determining compliance by each Group Member with the provisions of this Agreement referred to therein as of the last day of the fiscal quarter or fiscal year of the Guarantor, as the case may be; (i) prompt notice to the Administrative Agent of any failure by the Guarantor or the Applicant to file with the SEC any annual report on Form 10-K or quarterly report on Form 10-Q on or before the date such report is required to be filed pursuant to SEC regulations, and (ii) within five days after the same is filed, notice to the Administrative Agent of the filing of any such annual report on Form 10-K or quarterly report on Form 10-Q that had not previously been filed by the Guarantor or the Applicant as described in the preceding clause (i), and the availability to the Banks of such filing through electronic access; (c) within five days after the same is filed, notice to the Administrative Agent of the filing by the Guarantor or the Applicant with the SEC of any proxy statement, and the availability to the Banks of such filing through electronic access; and (d) promptly, such additional financial and other information as any Bank may from time to time reasonably request.