Common use of Resolutions, Opinions, and Other Documents Clause in Contracts

Resolutions, Opinions, and Other Documents. Borrower shall have delivered, or caused to be delivered to Lender the following: a. this Agreement, the Note and each of the other Loan Documents, all properly executed; b. each of the other documents to be executed and/or delivered by Borrower or any other Person pursuant to this Agreement; c. certified copies of (a) (i) resolutions of Borrower authorizing the execution, delivery and performance of this Agreement, the Note to be issued hereunder and each of the other Loan Documents required to be delivered by any Section hereof and (ii) Borrower’s certificate of incorporation and bylaws; d. an incumbency certificate for Borrower identifying all Authorized Officers, with specimen signatures; e. good standing certificates concerning Borrower from the state of Delaware and each other state in which Borrower conducts business; and f. such other documents reasonably required by Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Point Therapeutics Inc)

AutoNDA by SimpleDocs

Resolutions, Opinions, and Other Documents. Borrower shall have delivered, or caused to be delivered to Lender Bank, or Bank shall have received the following: a. this Agreement, the Note and each of the other Loan Documents, Documents all properly executed; b. each of the any other documents to be executed and/or delivered by Borrower or any other Person pursuant to this Agreement; c. certified copies of (a) (i) resolutions of Borrower Borrower's board of directors authorizing the execution, delivery and performance of this Agreement, the Note to be issued hereunder and each of the other Loan Documents required to be delivered by any Section hereof pursuant to this Agreement and (ii) Borrower’s 's articles or certificate of incorporation and bylawsby-laws; d. an incumbency certificate for Borrower identifying all Authorized Officersofficers, with specimen signatures, authorized to execute the Loan Documents; e. good standing insurance certificates concerning Borrower from in form satisfactory to the state of Delaware and each other state in which Borrower conducts business; andBank; f. all searches and certificates; g. such other documents reasonably required by LenderBank; h. Borrower shall have a Borrower's Availability of not less than $500,000.00 at closing after the payment of all obligations of Borrower under the terms of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Coffee Holding Co Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!