Corporate Due Diligence Sample Clauses
The Corporate Due Diligence clause requires one party, typically the buyer or investor, to thoroughly investigate the business, legal, and financial affairs of the other party before finalizing a transaction. This process may involve reviewing corporate records, contracts, compliance with laws, and financial statements to identify any potential risks or liabilities. By mandating such an investigation, the clause helps ensure that the party conducting due diligence is fully informed, thereby reducing the risk of unforeseen issues and supporting sound decision-making in the transaction.
Corporate Due Diligence. (a) A Certificate of corporate good standing issued with respect to each Borrower by the Secretary of State of the State in which that Borrower was organized.
(b) Certificates of qualification to do business as a foreign corporation, issued by the Secretary(ies) of State of each State in which such Borrower's conduct of business or ownership of assets of requires such qualification.
(c) A Certificate of each Borrower's respective Secretary as to the due adoption and continued effectiveness of, each corporate resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents, such certificate to set forth the text of each such resolution in an attachment thereto.
Corporate Due Diligence. (a) A Certificate of corporate good standing issued by the Secretary of State of Texas.
(b) Certificates of due qualification, in good standing, issued by the Secretary(ies) of State of each State in which the nature of the Borrower’s business conducted or assets owned could require such qualification.
(c) A Certificate of the Borrower’s Secretary of the due adoption, continued effectiveness, and setting forth the texts of, each corporate resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents.
Corporate Due Diligence. (a) Certificates of corporate good standing for each Borrower, respectively issued by the Secretary of State for the state in which that Borrower is incorporated.
(b) Certificates of due qualification, in good standing, issued by the Secretary(ies) of State of each State in which the nature a Borrower's business conducted or assets owned could require such qualification.
(c) Certificates of each Borrower's Secretaries of the due adoption, continued effectiveness, and setting forth the texts of, each corporate resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents.
Corporate Due Diligence. (a) A certificate of corporate good standing issued with respect to the Borrower by the Secretary of State of the State in which the Borrower is organized, to be delivered as of the Closing Date.
(b) Certificates of qualification to do business as a foreign corporation, issued by the Secretary(ies) of State of each State in which the Borrower’s conduct of business or ownership of assets requires such qualification, to be delivered as of the Closing Date.
(c) A Certificate of the Borrower’s Secretary as to the due adoption and continued effectiveness of, each corporate resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents, such certificate to set forth the text of each such resolution in an attachment thereto, to be delivered as of the Closing Date.
Corporate Due Diligence. (a) A Certificate of legal existence and good standing issued by the Secretary of State or other governing authority of the State of Borrower's legal formation.
(b) Certificates of due qualification and good standing, issued by the Secretary(ies) of State or other governing authority of each state in which the nature of the Borrower's business conducted or assets owned could require such qualification.
(c) A Certificate of the Borrower's secretary, clerk or otherwise authorized officer or other Person attesting to the due adoption, continued effectiveness, and setting forth the texts of, each resolution or authorization adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents.
Corporate Due Diligence. (a) Certificates of corporate good standing for each Loan Party, respectively issued by the Secretary of State for the state in which that Loan Party is incorporated.
(b) Certificates of due qualification, in good standing, issued by the Secretary(ies) of State of each State for each Borrower reasonably required by the Administrative Agent.
(c) Certificates of each Loan Party's Secretary of the due adoption, continued effectiveness, and setting forth the texts of, each corporate resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents.
Corporate Due Diligence. Agent shall have received satisfactory closing certificates with respect to each Credit Party, certifying as to (and attaching) such Credit Party’s Organization Documents, good standing and qualifications, resolutions or written consents evidencing organizational authority, as applicable, and incumbency;
Corporate Due Diligence. (a) A Certificate of corporate good standing issued as of a recent date by the Secretary of State of Minnesota.
(b) Certificates of due qualification, in good standing, issued as of a recent date by the Secretary(ies) of State of each State in which the nature the Borrower’s business conducted or assets owned could require such qualification.
(c) A Certificate from a duly authorized officer of the Borrower, on behalf of the Borrower (i) of the due adoption, continued effectiveness, and setting forth the texts of, each corporate resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents, and (ii) and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents.
Corporate Due Diligence. Seller shall have received, in form and substance satisfactory to Seller, updated certificates with respect to Standby Purchaser, certifying as to Standby Purchaser’s organizational documents, good standing and qualifications, resolutions or written consents, as applicable, incumbency and such other matters reasonably requested by and reasonably satisfactory to Seller. Any such documents previously provided to Seller shall not have been amended and shall remain in full force and effect, except as otherwise acceptable to Seller. The obligations of Standby Purchaser to acquire the Assigned Property from the Seller are subject to the Standby Purchaser’s satisfaction with, or waiver of, the following conditions, including required deliverables in form and substance reasonably acceptable to Standby Purchaser:
Corporate Due Diligence. Due diligence review satisfactory to the Administrative Agent including but not limited to review of and satisfaction with the legal structure of the Loan Parties, and consolidated pro-forma financial statements;