Common use of Organizational and Authorization Documents Clause in Contracts

Organizational and Authorization Documents. Copies of (i) the Articles of Incorporation and Bylaws of each Borrower; (ii) resolutions of the board of directors of each Borrower approving and authorizing such Person’s execution, delivery and performance of the Loan Documents to which it is party and the transactions contemplated thereby; (iii) signature and incumbency certificates of the officers of each Borrower, executing any of the Loan Documents, each of which such Borrower hereby certifies to be true and complete, and in full force and effect without modification, it being understood that the Bank may conclusively rely on each such document and certificate until formally advised by such Borrower of any changes therein; and (iv) good standing certificates in the state of incorporation of each Borrower and in each other state requested by the Bank.

Organizational and Authorization Documents. Copies of (i) the Articles of Incorporation and Bylaws of each the Borrower; (ii) resolutions of the board directors or members of directors of each the Borrower approving and authorizing such Person’s execution, delivery and performance of the Loan Documents to which it is party and the transactions contemplated thereby; (iii) signature and incumbency certificates of the officers and directors of each the Borrower, executing any of the Loan Documents, each of which such the Borrower hereby certifies to be true and complete, and in full force and effect without modification, it being understood that the Bank may conclusively rely on each such document and certificate until formally advised by such the Borrower of any changes therein; and (iv) good standing certificates in the state of incorporation formation of each the Borrower and in each other state requested by the Bank.

Organizational and Authorization Documents. Copies of (i) the Articles of Incorporation and Bylaws of each Borrowerthe Borrowers; (ii) resolutions of the board of directors of each Borrower the Borrowers approving and authorizing such Person’s Borrowers’ execution, delivery and performance of the Loan Documents to which it is they are party and the transactions contemplated thereby; (iii) signature and incumbency certificates of the officers and directors of each Borrower, the Borrowers executing any of the Loan Documents, each of which such Borrower the Borrowers hereby certifies certify to be true and complete, and in full force and effect without modification, it being understood that the Bank may conclusively rely on each such document and certificate until formally advised by such Borrower the Borrowers of any changes therein; and (iv) good standing certificates in the state State of incorporation of each Borrower and in each other state requested by the BankBorrowers.