Delivery of Organizational Documents. On or before the Closing Date, Borrower shall deliver, or cause to be delivered, to Lender copies certified by an Officer’s Certificate, of all organizational documentation related Borrower and Guarantors as have been requested by Lender and/or the formation, structure, existence, good standing and/or qualification to do business of Borrower and Guarantors, as Lender may request in its sole discretion, including, without limitation, good standing certificates, qualifications to do business in the appropriate jurisdictions, resolutions authorizing the entering into of the Loan and incumbency certificates as may be requested by Lender. The organizational documents of Borrower shall contain provisions having a substantive effect materially similar to that of the language set forth in Exhibit C.
Appears in 2 contracts
Samples: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust)
Delivery of Organizational Documents. On or before the Closing ------------------------------------ Date, Borrower shall deliver, deliver or cause to be delivered, delivered to Lender copies certified by an Officer’s Certificate, Borrower of all organizational documentation related to Borrower and Guarantors as have been requested by Lender and/or the formation, structure, existence, good standing and/or qualification to do business of Borrower and Guarantorsbusiness, as Lender may request in its sole reasonable discretion, including, without limitation, good standing certificates, qualifications to do business in the appropriate jurisdiction (if required in such jurisdictions), resolutions authorizing the entering into of the Loan and incumbency certificates as may be requested by Lender. The organizational documents of Borrower shall contain provisions having a substantive effect materially similar to that of the language set forth in Exhibit C..
Appears in 2 contracts
Samples: Loan Agreement (Prentiss Properties Trust/Md), Loan Agreement (Prentiss Properties Trust/Md)
Delivery of Organizational Documents. On or before the Closing Date, Borrower Borrowers shall deliver, deliver or cause to be delivered, delivered to Lender copies certified by an Officer’s Certificate, officer of the managing member of each Borrower and Operating Lessee of all organizational documentation related Borrower and Guarantors as have been requested by Lender to such Borrower, the Property Owners, Operating Lessee and/or the formation, structure, existence, good standing and/or qualification to do business of Borrower and Guarantors, as Lender may request in its sole reasonable discretion, including, without limitation, including good standing certificates, certificated membership interests and blank executed assignments thereof, qualifications to do business in the appropriate jurisdictions, resolutions authorizing the entering into of the Loan and incumbency certificates as may be requested by Lender. The organizational documents of Borrower shall contain provisions having a substantive effect materially similar to that of the language set forth in Exhibit C..
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Mezzanine Loan Agreement (Strategic Hotel Capital Inc)
Delivery of Organizational Documents. On or before the Closing Date, Borrower shall deliver, or cause to be delivered, to Lender copies certified by an Officer’s 's Certificate, of all organizational documentation related Borrower and Guarantors as have been requested by Lender and/or the formation, structure, existence, good standing and/or qualification to do business of Borrower and Guarantors, as Lender may request in its sole discretion, including, without limitation, good standing certificates, qualifications to do business in the appropriate jurisdictions, resolutions authorizing the entering into of the Loan and incumbency certificates as may be requested by Lender. The organizational documents of Borrower shall contain provisions having a substantive effect materially similar to that of the language set forth in Exhibit C.
Appears in 1 contract
Samples: Loan and Security Agreement (American Financial Realty Trust)