Common use of Corporate Proceedings of the Borrower and the Guarantors Clause in Contracts

Corporate Proceedings of the Borrower and the Guarantors. The Agent shall have received a copy of the resolutions or other corporate proceedings or action, in form and substance satisfactory to the Agent, (i) taken on behalf of the Borrower authorizing (A) the execution, delivery and performance of this Agreement, the Notes and the other Loan Documents to which it is a party, and (B) the borrowings contemplated hereunder, and (ii) taken on behalf of each Guarantor authorizing the execution, delivery and performance of the Guaranty Agreement, in each case certified by the secretary or assistant secretary of the Borrower or such Guarantor as of the Closing Date, which certificates shall state that such resolutions, or other corporate proceedings or action thereby certified have not been amended, modified, revoked or rescinded and shall be in form and substance satisfactory to the Agent.

Corporate Proceedings of the Borrower and the Guarantors. The Agent shall have received a copy of the resolutions or other corporate proceedings or action, in form and substance satisfactory to the Agent, (i) taken on behalf of the Borrower authorizing (A) the execution, delivery and performance of this Agreement, the Notes and the other Loan Documents to which it is a party, and (B) the borrowings contemplated hereunder, and (ii) taken on behalf of each Guarantor authorizing the execution, delivery and performance of the Guaranty Agreement, in each case certified by the secretary or assistant secretary of the Borrower or such Guarantor as of the Closing Effective Date, which certificates shall state that such resolutions, or other corporate proceedings or action thereby certified have not been amended, modified, revoked or rescinded and shall be in form and substance satisfactory to the Agent.

Corporate Proceedings of the Borrower and the Guarantors. The -------------------------------------------------------- Agent shall have received a copy of the resolutions or other corporate proceedings or action, in form and substance satisfactory to the Agent, (i) taken on behalf of the Borrower authorizing (A) the execution, delivery and performance of this Agreement, the Notes and the other Loan Documents to which it is a party, and (B) the borrowings contemplated hereunder, and (ii) taken on behalf of each Guarantor authorizing the execution, delivery and performance of the Guaranty Agreement, in each case certified by the secretary or assistant secretary of the Borrower or such Guarantor as of the Closing Effective Date, which certificates shall state that such resolutions, or other corporate proceedings or action thereby certified have not been amended, modified, revoked or rescinded and shall be in form and substance satisfactory to the Agent.