Common use of Corporate authorities Clause in Contracts

Corporate authorities. (i) Certified Copies of resolutions of the directors of each Security Party and, if required by the Agent, shareholders of the Borrower approving such of the Underlying Agreements and the Security Documents to which such Security Party is a party and authorising the execution and delivery thereof and performance of such Security Party’s obligations thereunder, additionally certified by an officer of such Security Party as having been duly passed at duly convened meetings of the directors and shareholders of such Security Party and not having been amended, modified or revoked and being in full force and effect; and

Corporate authorities. (i) Certified Copies of resolutions of the directors of each Security Party and, if required by the Agent, shareholders of the Borrower each Security Party approving such of the Underlying Agreements and the Security Documents to which such Security Party is a party and authorising the execution and delivery thereof and performance of such Security Party’s obligations thereunder, additionally certified by an officer of such Security Party as having been duly passed at duly convened meetings of the directors and shareholders of such Security Party and not having been amended, modified or revoked and being in full force and effect; and

Corporate authorities. (i) Certified Copies of resolutions of the directors of each Security Party and, if required by the Agent, shareholders of the Borrower approving such of the Underlying Agreements and the Security Loan Documents to which such Security Party is a party and authorising the execution and delivery thereof and performance of such Security Party’s obligations thereunder, additionally certified by an officer of such Security Party as having been duly passed at duly convened meetings of the directors and shareholders of such Security Party and not having been amended, modified or revoked and being in full force and effect; and