Commercial register extract Clause Samples
The Commercial Register Extract clause requires one party, typically a company, to provide an official document from the relevant commercial register confirming its legal existence and key corporate details. In practice, this extract may include information such as the company’s registration number, address, directors, and current legal status, and is often requested at the outset of a business relationship or transaction. The core function of this clause is to ensure transparency and verify the legitimacy of the contracting party, thereby reducing the risk of fraud or misrepresentation.
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Commercial register extract. The Purchaser shall have received an extract from the Commercial Register issued not more than three Business Days prior to the Closing Date evidencing that the persons signing this Agreement on behalf of Seller are authorized to sign on the Seller's behalf;
Commercial register extract. Recent extract from the relevant commercial register relating to the Guarantor.
Commercial register extract. Recent extract from the relevant commercial register relating to the Borrower.
