Common use of Corporate Due Diligence Clause in Contracts

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 certificate of corporate good standing issued with respect to each the Borrower by the Secretary of State of the State in which that the Borrower was is 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 the Borrower's ’s conduct of business or ownership of assets of requires such qualification. (c) A Certificate of each the Borrower's respective ’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 this Agreement 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.