Common use of Certified Documents and Resolutions Clause in Contracts

Certified Documents and Resolutions. The Insurer shall have received a copy of the charter and bylaws of IOS Capital and the limited liability company agreement and certificate of each of Seller and Issuer, and (ii) a certificate of the Secretary or Assistant Secretary of IOS Capital stating that attached thereto is a true, complete and correct copy of resolutions duly adopted by the Board of Directors or a duly authorized committee of IOS Capital, or the Managing Member of the Seller and the Issuer, as the case may be, authorizing the execution, delivery and performance by IOS Capital, the Seller or the Issuer, as the case may be, of the Company Documents to which it is a party and the consummation of the Transaction and that such charter, bylaws, limited liability company agreements, certificates of formation and resolutions are in full force and effect without amendment or modification on the Closing Date;