Common use of Proceedings and Incumbency Clause in Contracts

Proceedings and Incumbency. Certificates in form and substance satisfactory to the Bank, dated the Closing Date and signed by the Secretary of each Borrower, certifying as to (i) true copies of the Organizational Documents of such Borrower and no amendments thereto, (ii) the resolutions of the board of directors of such Borrower authorizing the execution and delivery of this Agreement and the other Loan Documents, (iii) the names, true signatures and incumbency of the officers of such Borrower authorized to execute and deliver the Loan Documents, (iv) the exact legal name of such Borrower, (v) a list of all fictitious or trade names of such Borrower, (vi) the tax identification number of such Borrower, and (vii) the organizational identification number of such Borrower. The Bank may conclusively rely on such certification unless and until a later certificate revising the prior certificate has been furnished to the Bank.

Appears in 3 contracts

Samples: Loan Agreement (Mastech Holdings, Inc.), Loan Agreement (Mastech Holdings, Inc.), Loan Agreement (Mastech Holdings, Inc.)

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Proceedings and Incumbency. Certificates in form and substance satisfactory to the Bank, dated the Closing Date and signed on behalf of each Borrower by the Secretary of each such Borrower, certifying as to (i) true copies of the Organizational Documents articles of incorporation and bylaws of such Borrower and no amendments theretoBorrower, (ii) the resolutions of the board of directors of such Borrower authorizing the execution and delivery of this Agreement and the other Loan Documents, (iii) the names, true signatures and incumbency of the officers of such Borrower authorized to execute and deliver the Loan Documents, (iv) the exact legal name of such Borrower, (v) a list of all fictitious or trade names the organizational identification number of such Borrower, (vi) the tax identification number of such Borrower, Borrower and (vii) the organizational identification number a list of all fictitious or trade names of such Borrower. The Bank may conclusively rely on such certification unless and until a later certificate revising the prior certificate has been furnished to the Bank.

Appears in 1 contract

Samples: Loan Agreement (Igate Corp)

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Proceedings and Incumbency. Certificates The Bank shall have received a certificate in form and substance satisfactory to the Bank, dated the Closing Date and signed by Date, of an authorized officer of the Secretary of each BorrowerBorrowers, certifying as to (i) true copies of the Organizational Documents of such Borrower and no amendments thereto, (ii) the resolutions of the board directors or managers of directors of such each Borrower authorizing (A) the execution and delivery of Borrower to enter into this Agreement and the other Loan Documents, Documents to which it is a party;and (B) the confession of judgment provisions of such documents; (ii) incumbency; (iii) no amendments to the names, true signatures and incumbency organizational documents of the officers of such Borrower authorized to execute and deliver the Loan Documents, Borrower; (iv) the exact legal name of such the Borrower, ; (v) a list of all fictitious or and trade names of such the Borrower, if any; (vi) the entity identification number of the Borrower; and (vii) the tax identification number of such Borrower, and (vii) the organizational identification number of such Borrower. The Bank may conclusively rely on such certification unless and until a later certificate revising the a prior certificate has been furnished to the Bank.

Appears in 1 contract

Samples: Loan Agreement (Liberated Syndication Inc.)

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