Common use of Corporate Due Diligence Clause in Contracts

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.

Appears in 3 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.)

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Corporate Due Diligence. (a) Certificates A certificate of corporate good standing for issued with respect to each Loan Party, respectively issued Obligor by the Secretary of State for of the state State in which that Loan Party such Obligor is incorporatedorganized. (b) Certificates of due qualification, in good standingqualification to do business as a foreign corporation, issued by the Secretary(ies) of State of each State for in which each Borrower reasonably required by Obligor is qualified to do business in the Administrative AgentUnited States. (c) Certificates A Certificate of an Authorized Officer of each Loan Party's Secretary of Obligor as to the due adoption, adoption and continued effectiveness, and setting forth the texts 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Charlotte Russe Holding Inc)

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