Common use of Incumbency Clause in Contracts

Incumbency. The Agent shall have received a signed certificate of Borrowers, certifying the names of the officers of Borrowers authorized to sign loan documents on behalf of Borrowers, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 4 contracts

Sources: Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc)

Incumbency. The Agent shall have received a signed certificate of Borrowerseach Borrower and Guarantor, certifying the names of the officers of Borrowers each Borrower and Guarantor authorized to sign loan documents on behalf of Borrowerseach Borrower and Guarantor, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers either Borrower or Guarantor canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 2 contracts

Sources: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Parallel Petroleum Corp)

Incumbency. The Agent shall have received a signed ---------- certificate of Borrowerseach Borrower, certifying the names of the officers of Borrowers such Borrower authorized to sign loan documents on behalf of Borrowerssuch Borrower, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent Bank receives a further certificate of Borrowers any Borrower canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 2 contracts

Sources: Loan Agreement (Gothic Energy Corp), Loan Agreement (Gothic Energy Corp)

Incumbency. The Agent shall have received a signed certificate of Borrowerseach Borrower, certifying the names of the officers of Borrowers each Borrower authorized to sign loan documents on behalf of Borrowerseach Borrower, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers any Borrower canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 2 contracts

Sources: Credit Agreement (3tec Energy Corp), Credit Agreement (3tec Energy Corp)

Incumbency. The Agent shall have received a signed certificate of BorrowersBorrower, certifying the names of the officers of Borrowers Borrower authorized to sign loan documents on behalf of BorrowersBorrower, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers Borrower canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Credit Agreement (Parallel Petroleum Corp)

Incumbency. The To the extent not already received, the Agent shall have received a signed certificate Certificate of BorrowersBorrower and each Guarantor, certifying the names of the officers of Borrowers Borrower and each Guarantor authorized to sign loan documents on behalf of BorrowersBorrower and each Guarantor, together with the true signatures of each such officer. The Agent may conclusively rely on each such certificate Certificate until the Agent receives a further certificate Certificate of Borrowers Borrower and/or any Guarantor canceling or amending the prior certificate Certificate and submitting signatures of the officers named in such further certificateCertificate;

Appears in 1 contract

Sources: Credit Agreement (Range Resources Corp)

Incumbency. The Agent shall have received a signed certificate of Borrowersthe officers of Borrower and Guarantors, certifying the names of each of the officers of Borrowers Borrower and Guarantors authorized to sign loan documents on behalf of Borrowersthe Borrower and Guarantors, together with the true signatures of each such officer. The Agent Banks may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers the authorized officers of Borrower canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Senior Secured Loan Agreement (Southwest Royalties Holdings Inc)

Incumbency. The Agent shall have received a signed ---------- certificate of Borrowerseach Borrower, certifying the names of the officers of Borrowers each Borrower authorized to sign loan documents on behalf of Borrowerseach Borrower, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers any Borrower canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Credit Agreement (3tec Energy Corp)

Incumbency. The Agent shall have received a certificate signed certificate by the Secretary or Assistant Secretary of Borrowers, certifying each signatory to the names of the officers of Borrowers authorized to sign loan documents on behalf of BorrowersLoan Documents other than a Bank, together with the true signatures signature of each such officer. The Agent may the officer or officers authorized to execute and deliver the Loan Documents and certificates thereunder, upon which the Banks shall be entitled to rely conclusively rely on such certificate until the Agent receives shall have received a further certificate of Borrowers canceling the appropriate secretary or assistant secretary amending the prior certificate and submitting signatures the signature of the officer or officers named in such further certificate;the new certificate as being authorized to execute and deliver Loan Documents and certificates thereunder,

Appears in 1 contract

Sources: Loan and Agency Agreement (Intermagnetics General Corp)

Incumbency. The Agent shall have received a signed certificate of BorrowersBorrower and each Guarantor, certifying the names of the officers of Borrowers Borrower and each Guarantor authorized to sign loan documents on behalf of BorrowersBorrower and each Guarantor, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers Borrower or either Guarantor canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;; -34- (vii)

Appears in 1 contract

Sources: Credit Agreement (Parallel Petroleum Corp /De/)

Incumbency. The Agent shall have received a signed certificate of Borrowersthe secretary or assistant secretary of the corporate Borrowers and the secretary or assistant secretary of the general partner of each LP Borrower, certifying the names of the officers of Borrowers authorized to sign loan documents on behalf of Borrowers, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Credit Agreement (Canaan Energy Corp)

Incumbency. The Agent shall have received a signed certificate of BorrowersBorrower and Guarantor, certifying the names of the officers of Borrowers Borrower and Guarantor authorized to sign loan documents on behalf of BorrowersBorrower and Guarantor, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers Borrower or Guarantor canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Loan Agreement (Gothic Energy Corp)

Incumbency. The Agent shall have received a signed certificate of BorrowersBorrower, certifying the names of the officers of Borrowers Borrower and each Guarantor authorized to sign loan documents on behalf of BorrowersBorrower and each Guarantor, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers Borrower or any Guarantor canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Credit Agreement (Newpark Resources Inc)

Incumbency. The Agent shall have received a signed certificate of Borrowerseach Borrower and each Guarantor, certifying the names of the officers of Borrowers each Borrower and each Guarantor authorized to sign loan documents on behalf of Borrowerssuch Borrower and such Guarantor, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of Borrowers any Borrower and any Guarantor canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Credit Agreement (Range Resources Corp)

Incumbency. The Agent shall have received a signed certificate of the secretary or assistant secretary of each of the Borrowers, certifying the names of the officers of each of the Borrowers authorized to sign loan documents on behalf of the Borrowers, together with the true signatures of each such officer. The Agent may conclusively rely on such certificate until the Agent receives a further certificate of the Borrowers canceling or amending the prior certificate and submitting signatures of the officers named in such further certificate;

Appears in 1 contract

Sources: Credit Agreement (Delta Petroleum Corp/Co)