Common use of Corporate Seller Clause in Contracts

Corporate Seller. 9. If SELLER is a corporation, SELLER shall provide to PURCHASER at the time of CLOSING (a) a resolution of its Board of Directors authorizing the sale and delivery of the Deed; (b) a certificate by the Secretary or Assistant Secretary of the corporation certifying such resolution and setting forth facts showing that the transfer is in conformity with the requirements of Section 909 of the Business Corporation Law; and (c) any and all further documents reasonable required to show that the corporation is authorized to sell and deliver the deed pursuant to Law. The Deed in such case shall contain a recital sufficient to establish compliance with that Section.