Common use of Proceedings of the Borrower Clause in Contracts

Proceedings of the Borrower. The Agent shall have received a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee of the Borrower authorizing (i) the execution, delivery and performance of this Agreement and the other Loan Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of the Borrower as of the Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Credit Agreement (Rcpi Trust /De/)

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Proceedings of the Borrower. The Agent shall have received received, with --------------------------- a counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee each of the Borrower Borrowers authorizing (i) the execution, delivery and performance of this Agreement Amendment and the other Loan Amendment Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of each of the Borrower Borrowers as of the Supplemental Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Internet Capital Group Inc

Proceedings of the Borrower. The Agent shall have received received, with --------------------------- a counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee each of the Borrower Borrowers authorizing (i) the execution, delivery and performance of this Agreement Amendment and the other Loan Amendment Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of each of the Borrower Borrowers as of the Second Supplemental Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Internet Capital Group Inc

Proceedings of the Borrower. The Agent shall have received received, with a --------------------------- counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee each of the Borrower Borrowers authorizing (i) the execution, delivery and performance of this Agreement Amendment and the other Loan Amendment Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of each of the Borrower Borrowers as of the Second Supplemental Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Internet Capital Group Inc

Proceedings of the Borrower. The Agent shall have received --------------------------- received, with a counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee each of the Borrower Borrowers authorizing (i) the execution, delivery and performance of this Agreement Amendment and the other Loan Amendment Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of each of the Borrower Borrowers as of the Second Supplemental Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Credit Agreement (Internet Capital Group Inc)

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Proceedings of the Borrower. The Agent shall have received a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee Board of Trustees of the Borrower authorizing (i) the execution, delivery and performance of this Agreement and the other Loan Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of the Borrower as of the Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Credit Agreement (Rockefeller Center Properties Inc)

Proceedings of the Borrower. The Agent shall have received received, with --------------------------- a counterpart for each Bank, a copy of the resolutions, in form and substance satisfactory to the Agent, of the Operating Committee each of the Borrower Borrowers authorizing (i) the execution, delivery and performance of this Agreement Amendment and the other Loan Amendment Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by the Secretary or an Assistant Secretary of each of the Borrower Borrowers as of the Third Supplemental Closing Date, which certificate shall be in form and substance satisfactory to the Agent and shall state that the resolutions thereby certified have not been amended, modified, revoked or rescinded.

Appears in 1 contract

Samples: Credit Agreement (Internet Capital Group Inc)

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