Common use of Corporate Proceedings of the Subsidiaries Clause in Contracts

Corporate Proceedings of the Subsidiaries. Agent shall have received, with a counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to Agent, of the Board of Directors of each Subsidiary of Company which is a party to any Loan Document authorizing the execution, delivery and performance of the Loan Documents to which it is a party, certified by the secretary or an assistant secretary of each Subsidiary as of the Effective Date, which certificate shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded and are in full force and effect.

Corporate Proceedings of the Subsidiaries. The Agent shall have ----------------------------------------- received, with a counterpart for the Agent and each BankLender, a copy of the resolutions, in form and substance satisfactory to Agent, resolutions of the Board of Directors of each Subsidiary of Company which is a party to any Loan Document the Borrower's Subsidiaries authorizing the execution, delivery and performance of this Agreement and the other Loan Documents to which it is a party, party certified by the secretary Secretary or an assistant secretary Assistant Secretary of each Subsidiary such Subsidiary, as of the Effective Closing Date, which certificate shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded and are shall be in full force form and effectsubstance satisfactory to the Agent.

Corporate Proceedings of the Subsidiaries. Agent shall have received, with a counterpart for each BankLender, a copy of the resolutions, in form and substance satisfactory to Agent, of the Board of Directors of each Subsidiary of Company which is a party to any Loan Document authorizing the execution, delivery and performance of the Loan Documents to which it is a party, certified by the secretary or an assistant secretary of each Subsidiary as of the Effective Date, which certificate shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded and are in full force and effect.

Corporate Proceedings of the Subsidiaries. Agent shall have received, with a counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to Agent, of the Board of Directors of each Subsidiary of Company which is a party to any Loan Document authorizing the execution, delivery and performance of the Loan Documents to which it is a party, certified by the secretary or an assistant secretary of each Subsidiary as of the Effective Datedate hereof, which certificate shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded and are in full force and effect.