Funding Certificate Clause Samples
A Funding Certificate clause defines the requirements and procedures for providing formal documentation that verifies the receipt or availability of funds, typically in the context of a financial transaction or investment. This clause usually specifies who must issue the certificate, what information it must contain (such as the amount funded and the date of transfer), and when it must be delivered, for example, as a condition precedent to closing a deal. Its core practical function is to ensure that all parties have clear, documented evidence of funding, thereby reducing the risk of disputes and providing assurance that financial obligations have been met.
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Funding Certificate. The delivery to the Trustee of a Funding Certificate, duly executed by an Authorized Officer of the Issuer, relating to, among other things, the disposition of the proceeds of the issuance of the Notes, and the Preferred Shares, dated the Closing Date, in substantially the form of Exhibit D hereto.
Funding Certificate. Borrower shall have duly executed and delivered to Lender a Funding Certificate for such Loan.
Funding Certificate. Receipt by the Administrative Agent of a certificate signed by a Responsible Officer of the Borrower certifying (i) that the conditions specified in Sections 5.02(d), (e) and (l) and Sections 5.03(a) and (b) have been satisfied, (ii) that the Borrower and its Subsidiaries (after giving effect to the transactions contemplated hereby and the incurrence of Indebtedness related thereto) are Solvent on a consolidated basis and (iii) that neither the Borrower nor any Subsidiary as of the Funding Date has outstanding any Disqualified Capital Stock.
Funding Certificate. Receipt by the Administrative Agent of a certificate signed by a Responsible Officer of the Borrower (i) certifying (A) that the conditions specified in Sections 5.01(d), (e), (l) and (n) and Sections 5.02(a) and (b) have been satisfied, (B) that the Borrower and its Subsidiaries (after giving effect to the transactions contemplated hereby (including, without limitation, the Success Acquisition) and the incurrence of Indebtedness related thereto) are Solvent on a consolidated basis and (C) that neither the Borrower nor any Subsidiary as of the Effective Date has outstanding any Disqualified Capital Stock and (ii) attaching a true, correct and complete copy of each Success Acquisition Document, as certified by such Responsible Officer.
Funding Certificate. A certificate of a Senior Financial Officer to the effect that,
(i) no Event of Default or Unmatured Event of Default exists or would result from the making of the Loans; and
(ii) the representations and warranties contained herein are true and correct on and as of such date, as though made on and as of such date.
Funding Certificate. At least five (5) Business Days prior to the expected Closing Date (as set forth in the Closing Notice), each of the Investors shall deliver a Funding Certificate to the Company.
Funding Certificate. The undersigned, being the duly elected and acting of eASIC Corporation, a Delaware corporation (“Borrower”), does hereby certify to HORIZON TECHNOLOGY FINANCE CORPORATION (“Horizon”), HORIZON FUNDING TRUST 2013-1 (“Horizon Trust”), FORTRESS CREDIT OPPORTUNITIES I LP (“FCO”), and DBD CREDIT FUNDING LLC (“DBD”, and collectively with Horizon, Horizon Trust and FCO the “Lenders”) in connection with that certain Amended and Restated Venture Loan and Security Agreement dated as of August , 2014 by and among Borrower, Lenders and Horizon as Collateral Agent (the “Loan Agreement”; with other capitalized terms used below having the meanings ascribed thereto in the Loan Agreement) that:
Funding Certificate. The undersigned, being the duly elected and acting of CELSION CORPORATION, a Delaware corporation (“Borrower”), does hereby certify to HORIZON TECHNOLOGY FINANCE CORPORATION (“Horizon” or “Lender”) in connection with that certain Venture Loan and Security Agreement dated as of June __, 2018 by and among Borrower, Lender and Horizon as Collateral Agent (the “Loan Agreement”; with other capitalized terms used below having the meanings ascribed thereto in the Loan Agreement) that:
Funding Certificate. This Funding Certificate is being issued in accordance with Section 2.12 of the Indenture. The Issuer, the Contributor, and the Depositor, as transferee, hereby certify that:
(a) The matters set forth in Section 3.02 of the Contribution Agreement are true and correct, and that the matters set forth in Section 3.02 of the Sale and Servicing Agreement are true and correct as of the date hereof. All Receivables to be acquired on the Funding Date to occur on or before constitute Eligible Receivables.
(b) the representations and warranties of the Issuer set forth in Section 3.12 of the Indenture are true and correct as of the date hereof;
Funding Certificate. The Administrative Agent shall have received a certificate dated as of the Amendment No. 3 Funding Date and executed by a Responsible Officer of the Borrower certifying, after giving effect to funding of the Incremental Term Loan, that, as of the Amendment No. 3 Funding Date, (i) the Specified Representations of each Loan Party are true and correct in all material respects and (ii) no Specified Event of Default exists, or would result from such funding; and