Common use of Corporate Due Diligence Clause in Contracts

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.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

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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 's business conducted or assets owned could would require such qualification. (c) A Certificate of the Borrower’s '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.

Appears in 1 contract

Samples: Loan and Security Agreement (Gadzooks Inc)

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 's business conducted or assets owned could require such qualification. (c) A Certificate of the Borrower’s '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.

Appears in 1 contract

Samples: Loan and Security Agreement (Hastings Entertainment Inc)

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Corporate Due Diligence. (a) A Certificate of corporate good standing issued by the Secretary of State of TexasWashington. (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 's business conducted or assets owned could require such qualification. (c) A Certificate of the Borrower’s Secretary 's Clerk 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Garden Botanika Inc)

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