Certification to Third Parties Sample Clauses
The 'Certification to Third Parties' clause establishes the conditions under which one party may provide formal assurances or statements about certain facts or compliance to external entities not directly involved in the contract. Typically, this clause outlines the scope of information that can be certified, the process for issuing such certifications, and any limitations or requirements for accuracy and authority. Its core function is to facilitate trust and transparency with third parties, such as lenders or regulators, by ensuring that any certifications made on behalf of the contracting parties are properly authorized and reliable.
Certification to Third Parties. The Agent will promptly provide to the Borrower and third parties at the request of the Borrower a certificate as to the Canadian Dollar Amount of Accommodations outstanding from time to time under this Agreement, and giving such other particulars in respect of the Indebtedness as the Borrower may reasonably request.