Common use of Evidence of Corporate Action Clause in Contracts

Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each Borrower to authorize this Agreement, the Loan Documents and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity of this Agreement, the Note and the Warrants, and any other matters relevant hereto, all in form and substance satisfactory to Lender's counsel, and indicating the name and title of the officer or officers of each Borrower authorized to sign this Agreement and the Loan Documents.

Appears in 4 contracts

Samples: Business Loan Agreement (Genomic Solutions Inc), Business Loan Agreement (Genomic Solutions Inc), Business Loan Agreement (Genomic Solutions Inc)

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Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each Borrower to authorize this Agreement, the Loan Documents and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity of this Agreement, the Note and the Warrants, and any other matters relevant hereto, all (in form and substance satisfactory to Lender's counsel) taken by Borrower to authorize the execution, delivery and performance of this Agreement, the Notes, and indicating the name and title of the officer or officers of each Borrower authorized other Financing Agreements to sign this Agreement which it is a party, and the Loan Documentsborrowings to be made hereunder and thereunder, together with true copies of Borrower's Certificate of Incorporation and By-laws and such other papers as Lender or its counsel may require.

Appears in 4 contracts

Samples: Commercial Revolving Loan, Demand Loan and Security Agreement (Saztec International Inc), Commercial Revolving Loan, Demand Loan and Security Agreement (Netplex Systems Inc), Commercial Revolving Loan, Demand Loan and Security Agreement (Netplex Systems Inc)

Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each Borrower to authorize this Agreement, the Loan Documents and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity of this Agreement, the Note and the Warrants, and any other matters relevant hereto, all (in form and substance satisfactory to Lender's counsel) taken by Borrowers to authorize the execution, delivery and performance of this Agreement, the Notes, and indicating the name and title of the officer or officers of each Borrower authorized other Financing Agreements to sign this Agreement which it is a party, and the Loan Documentsborrowings to be made hereunder and thereunder, together with true copies of Borrowers' Articles of Incorporation and By-laws and such other papers as Lender or its counsel may require.

Appears in 1 contract

Samples: Commercial Revolving Loan, Demand Loan and Security Agreement (Industrial Technologies Inc)

Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each Borrower to authorize this Agreement, the Loan Documents and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity of this Agreement, the Note and the Warrants, and any other matters relevant hereto, all (in form and substance satisfactory to Lender's counsel) taken by Borrower to authorize the execution, delivery and performance of this Agreement, the Notes, and indicating the name and title of the officer or officers of each Borrower authorized other Financing Agreements to sign this Agreement which it is a party, and the Loan Documentsborrowings to be made hereunder and thereunder, together with true copies of Borrower’s Certificate of Incorporation and By-laws and such other papers as Lender or its counsel may require.

Appears in 1 contract

Samples: Commercial Revolving Loan, Term Loan, Line of Credit and Security Agreement (Memry Corp)

Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each the Borrower to authorize this Agreementthe execution, the Loan Documents delivery and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity performance of this Agreement, the Note Notes, the other Loan Documents, and the Warrantsborrowings to be made hereunder, together with copies of the Borrower's Certificate of Incorporation and Bylaws, all amendments thereto, and any such other matters relevant hereto, all in form papers and substance satisfactory to Lender's counsel, and indicating documents as the name and title of the officer Lender or officers of each Borrower authorized to sign this Agreement and the Loan Documentsits counsel may require.

Appears in 1 contract

Samples: Commercial Revolving Loan and Term Loan Agreement (Pharmaceutical Resources Inc)

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Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each Borrower to authorize this Agreement, the Loan Documents and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity of this Agreement, the Note and the Warrants, and any other matters relevant hereto, all (in form and substance satisfactory to Lender's counselXxxxxx) taken by Borrower to authorize the execution, delivery and performance of this Agreement, the Notes, and indicating the name and title of the officer or officers of each Borrower authorized other Financing Agreements to sign this Agreement which it is a party, and the Loan Documentsborrowings to be made hereunder and thereunder, together with true copies of Borrower's Certificate of Incorporation and By-laws and such other papers as Lender or its counsel may require.

Appears in 1 contract

Samples: Commercial Loan Agreement (Memry Corp)

Evidence of Corporate Action. The Lender shall have received certified copies of all corporate or other required action taken by each Borrower to authorize this Agreement, the Loan Documents and the borrowing hereunder, and such other documents as the Lender may reasonably require relating to the existence of the Borrowers, the authority for and the validity of this Agreement, the Note and the Warrants, and any other matters relevant hereto, all (in form and substance satisfactory to Lender's counsel) taken by Borrowers to authorize the execution, delivery and performance of this Agreement, the Notes, and indicating the name and title of the officer or officers of each Borrower authorized other Financing Agreements to sign this Agreement which it is a party, and the Loan Documentsborrowings to be made hereunder and thereunder, together with true copies of Borrowers' Certificate of Incorporation and By-laws and such other papers as Lender or its counsel may require.

Appears in 1 contract

Samples: Commercial Revolving Loan, Term Loan and Security Agreement (Memry Corp)

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