Common use of Corporate Proceedings of the Borrower Clause in Contracts

Corporate Proceedings of the Borrower. The Administrative Agent shall have received, with a counterpart for each Lender, a copy of the resolutions, in form and substance reasonably satisfactory to the Administrative Agent, of the Board of Directors of the Borrower authorizing (i) the execution, delivery and performance of the Credit Documents to which it is a party, (ii) the borrowings contemplated hereunder, (iii) the granting by it of the Liens created pursuant to the Security Documents to which it is a party and (iv) the execution, delivery and performance of the Transaction Documents to which it is a party, certified by the Secretary or an Assistant Secretary of the Borrower as of the Closing Date, which certificate shall be in form and substance reasonably satisfactory to the Administrative Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Corporate Proceedings of the Borrower. The Administrative Agent ------------------------------------- shall have received, with a counterpart for each Lender, a copy of the resolutions, in form and substance reasonably satisfactory to the Administrative Agent, of the Board of Directors of the Borrower authorizing (i) the execution, delivery and performance of this Agreement, the Credit Notes and the other Loan Documents to which it is a party, (ii) the borrowings contemplated hereunder, hereunder and (iii) the granting by it of the Liens created pursuant to the Security Documents to which it is a party and (iv) the execution, delivery and performance of the Transaction Acquisition Documents to which it is a partyand all closing documents delivered in connection therewith, certified by the Secretary or an Assistant Secretary of the Borrower as of the Closing Date, which certificate shall be in form and substance reasonably satisfactory to the Administrative Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescindedrescinded and shall be in form and substance satisfactory to the Administrative Agent.

Corporate Proceedings of the Borrower. The Administrative Agent ------------------------------------- shall have received, with a counterpart for each Lender, received a copy of the resolutions, in form and substance reasonably satisfactory to the Administrative AgentLead Agents, of the Board of Directors of the Borrower authorizing (i) the execution, delivery and performance of the Credit Supply Contracts, this Agreement and the other Loan Documents to which it is a party, (ii) the borrowings Borrowings contemplated hereunder, hereunder and (iii) the granting by it of the Liens created pursuant to the Security Documents to which it is a party and (iv) the execution, delivery and performance of the Transaction Documents to which it is a party, certified by the Secretary or an Assistant Secretary of the Borrower as of the Closing Date, which certificate shall be in form and substance reasonably satisfactory to the Administrative Agent Lead Agents and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.