Common use of Officer’s Closing Certificate Clause in Contracts

Officer’s Closing Certificate. Agent shall have received a certificate from an Authorized Officer certifying as of the date hereof: (a) that each representation and warranty of each Credit Party contained in this Amendment and each Credit Document is true and correct in all material respects as of the date hereof (except (i) to the extent that any such representation and warranty is expressly limited to an earlier date, in which case, on the date hereof, such representation and warranty shall continue to be true and correct in all material respects as of such specified earlier date and (ii) to the extent that any such representations and warranties are qualified by materiality, such representations and warranties shall continue to be true and correct in all respects); (b) that no injunction or other restraining order has been issued and no hearing to cause an injunction or other restraining order to be issued is pending or noticed with respect to any action, suit or proceeding seeking to enjoin or otherwise prevent the consummation of, or to recover any damages or obtain relief as a result of, this Amendment; (c) that no event, circumstance, change or effect that, individually or in the aggregate, has had or would reasonably be expected to have a Material Adverse Effect has occurred since December 31, 2017; (d) that each Credit Party has received all Governmental Authorizations and all consents of other Persons, in each case that are necessary or advisable in connection with the effectuation of the transactions contemplated by this Amendment and the Credit Documents and each of the foregoing is in full force and effect and in form and substance reasonably satisfactory to Agent; and (e) that no event has occurred and is continuing or would result from the consummation of this Amendment that would constitute an Event of Default or a Default.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.), Credit and Guaranty Agreement (OneWater Marine Inc.), Credit and Guaranty Agreement (OneWater Marine Inc.)

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Officer’s Closing Certificate. Agent shall have received a certificate from an Authorized Officer certifying dated as of the date hereofProposed Acquisition Date to the effect that: (a) that each representation and warranty of each Credit Party contained in this Amendment and each Credit Document is true and correct in all material respects as of the date hereof Proposed Acquisition Date (except (i) to the extent that any such representation and warranty is expressly limited to an earlier date, in which case, on the date hereofProposed Acquisition Date, such representation and warranty shall continue to be true and correct in all material respects as of such specified earlier date and (ii) to the extent that any such representations and warranties are qualified by materiality, such representations and warranties shall continue to be true and correct in all respects); (b) that no injunction or other restraining order has been issued and no hearing to cause an injunction or other restraining order to be issued is pending or noticed with respect to any action, suit or proceeding seeking to enjoin or otherwise prevent the consummation of, or to recover any damages or obtain relief as a result of, this Amendmentthe borrowing contemplated hereby; (c) that no event, circumstance, change or effect that, individually or in the aggregate, has had or would reasonably be expected to have a Material Adverse Effect has occurred since December 31, 2017; (d) that each Credit Party has received all Governmental Authorizations and all consents of other Persons, in each case that are necessary or advisable in connection with the effectuation of the transactions contemplated by this Amendment and the Credit Documents and each of the foregoing is in full force and effect and in form and substance reasonably satisfactory to Agent; and (e) that no event has occurred and is continuing or would result from the consummation of this Amendment the borrowing contemplated hereby that would constitute an Event of Default or a Default.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.)

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Officer’s Closing Certificate. Agent shall have received a certificate from an Authorized Officer certifying as of to the date hereofeffect that: (a) that each representation and warranty of each Credit Party contained in this Amendment and each Credit Document is true and correct in all material respects as of the date hereof (except (i) to the extent that any such representation and warranty is expressly limited to an earlier date, in which case, on the date hereof, such representation and warranty shall continue to be true and correct in all material respects as of such specified earlier date and (ii) to the extent that any such representations and warranties are qualified by materiality, such representations and warranties shall continue to be true and correct in all respects); (b) that no injunction or other restraining order has been issued and no hearing to cause an injunction or other restraining order to be issued is pending or noticed with respect to any action, suit or proceeding seeking to enjoin or otherwise prevent the consummation of, or to recover any damages or obtain relief as a result of, this Amendmentthe borrowing contemplated hereby; (c) that no event, circumstance, change or effect that, individually or in the aggregate, has had or would reasonably be expected to have a Material Adverse Effect has occurred since December 31, 2017; (d) that each Credit Party has received all Governmental Authorizations and all consents of other Persons, in each case that are necessary or advisable in connection with the effectuation of the transactions contemplated by this Amendment and the Credit Documents and each of the foregoing is in full force and effect and in form and substance reasonably satisfactory to Agent; and (e) that no event has occurred and is continuing or would result from the consummation of this Amendment the borrowing contemplated hereby that would constitute an Event of Default or a Default.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.)

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