Common use of Officer’s Certificate of the Borrower Clause in Contracts

Officer’s Certificate of the Borrower. The Lender shall have received a certificate dated as of the Closing Date from the chief executive officer or chief financial officer of the Borrower, in form and substance satisfactory to the Lender, to the effect that all representations and warranties of the Borrower contained in this Agreement and the other Loan Documents are true, correct and complete in all material respects; that the Borrower is not in violation of any of the covenants contained in this Agreement and the other Loan Documents; that, after giving effect to the transactions contemplated by this Agreement, no Default or Event of Default has occurred and is continuing; and that the Borrower has satisfied each of the closing conditions.

Appears in 1 contract

Samples: Credit Loan Agreement (Marshall Industries)

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Officer’s Certificate of the Borrower. The Lender shall have received a certificate dated as of the Closing Date from the chief executive officer or chief financial officer a Responsible Officer of the Borrower, in form and substance satisfactory to the Lender, to the effect that all representations and warranties of the Borrower and its Subsidiaries contained in this Agreement and the other Loan Documents are true, correct and complete in all material respectscomplete; that the Borrower is and its Subsidiaries are not in violation of any of the covenants contained in this Agreement and the other Loan Documents; that, after giving effect to the transactions contemplated by this Agreement, no Default or Event of Default has occurred and is continuing; and that the Borrower has and its Subsidiaries have satisfied each of the closing conditions.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Officer’s Certificate of the Borrower. The Lender shall have received a certificate dated as of the Closing Date from the chief executive officer or chief financial officer of the Borrower, in form and substance satisfactory to the Lender, to the effect that (i) to the best of his knowledge, all representations and warranties of the Borrower contained in this Agreement and the other Loan Documents are true, correct and complete in all material respectscomplete; that (ii) the Borrower is not in violation of any of the covenants contained in this Agreement and the other Loan Documents; that, (iii) after giving effect to the transactions contemplated by this Agreement, no Default or Event of Default has occurred and is continuing; and (iv) that the Borrower has satisfied each of the closing conditionsconditions described herein.

Appears in 1 contract

Samples: Credit Agreement (Penske Motorsports Inc)

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Officer’s Certificate of the Borrower. The Lender shall have received a certificate dated as of the Closing Date from the chief executive officer or chief financial officer of the Borrower, in form and substance satisfactory to the Lender, to the effect that all representations and warranties of the Borrower and its Subsidiaries contained in this Agreement and the other Loan Documents are true, correct and complete in all material respectscomplete; that neither the Borrower nor its Subsidiaries is not in violation of any of the covenants contained in this Agreement and the other Loan Documents; that, after giving effect to the transactions contemplated by this Agreement, no Default or Event of Default has occurred and is continuing; and that the Borrower has satisfied each of the closing conditions.

Appears in 1 contract

Samples: Credit Agreement (Optio Software Inc)

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