Common use of Responsible Officer Certificate Clause in Contracts

Responsible Officer Certificate. A certificate from a Responsible Officer of each Borrower Party, stating that: (i) all of the representations and warranties contained in Section 7 and the other Loan Documents made by such Borrower Party are true and correct in all material respects as of such date, except to the extent that such representations and warranties specifically refer to any earlier date, in which case they shall be true and correct in all material respects as of such earlier date; and (ii) no event has occurred and is continuing, or would result from the Credit Extension, which constitutes an Event of Default or, to his/her knowledge, a Default;

Responsible Officer Certificate. A certificate from a Responsible Officer of each Borrower PartyInitial Borrower, stating that: (i) all of the representations and warranties contained in Section 7 and the other Loan Documents made by such Initial Borrower Party are true and correct in all material respects as of such date, except to the extent that such representations and warranties specifically refer to any earlier date, in which case they shall be true and correct in all material respects as of such earlier date; and (ii) no event has occurred and is continuing, or would result from the Credit Extension, which constitutes an Event of Default or, to his/her knowledge, a Default;