Common use of Proof of Entity Action Clause in Contracts

Proof of Entity Action. The Administrative Agent shall have received from each of the Borrower and each other member of the Borrower Affiliated Group a copy, certified by a duly authorized officer of each of the Borrower and such other member of the Borrower Affiliated Group to be true and complete on the Closing Date, of records of all corporate and other entity action taken by each of the Borrower and such member of the Borrower Affiliated Group to authorize, as applicable (i) its execution and delivery of the Loan Documents to which it is or is to become a party, (ii) its performance of all of its agreements and obligations under each of such documents, and (iii) any borrowings and other transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Gamestop Corp), Revolving Credit Agreement (Gamestop Corp)

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Proof of Entity Action. The Administrative Agent shall have received from each of the Borrower and each other member of the Borrower Affiliated Group a copy, certified by a duly authorized officer of each of the Borrower and such other member of the Borrower Affiliated Group to be true and complete on the Closing Date, of records of all corporate and other entity action taken by each of the Borrower and such member of the Borrower Affiliated Group to authorize, as applicable (i) its execution and delivery of the Loan Documents to which it is or is to become a party, (ii) its performance of all of its agreements and obligations under each of such documents, and (iii) any borrowings and other transactions contemplated by this AgreementAgreement (including, without limitation, the due authorization of any Increase which may become effective pursuant to Section 2.7).

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes & Noble Inc)

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Proof of Entity Action. The Administrative Agent shall have received from each of the Borrower Borrowers and each other member of the Borrower Affiliated Group a copy, certified by a duly authorized officer of each of the Borrower Borrowers and such other member of the Borrower Affiliated Group to be true and complete on the Closing Date, of records of all corporate and other entity action taken by each of the Borrower Borrowers and such member of the Borrower Affiliated Group to authorize, as applicable (i) its execution and delivery of the Loan Amendment Documents to which it is or is to become a party, (ii) its performance of all of its agreements and obligations under each of such documents, and (iii) any borrowings and other transactions contemplated by this AgreementAgreement (including, without limitation, the due authorization of any Increase which may become effective pursuant to Section 2.7).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Barnes & Noble Inc)

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