Common use of Updated certificates of incumbency Clause in Contracts

Updated certificates of incumbency. a list of directors and officers of each Security Party (other than the Builder, the Refund Guarantor and the Charterer) specifying the names and positions of such persons and copies of the signatures of the persons who have been authorised on behalf of such Security Party to sign such of the Underlying Documents and the Finance Documents to which such Security Party is, or is to be, party and to give notices and communications, including notices of drawing, under or in connection with the Finance Documents, certified (in a certificate dated no earlier than five (5) Business Days prior to the Delivery Date) by an officer of such Security Party to be, in the case of the list of directors, true, complete and up to date and, in the case of the specimen signatures, true signatures of such persons or a certificate by an officer of such Security Party that the list provided in respect of the Security Party pursuant to paragraph (d) of Part 1 of this Schedule and that the specimen signatures provided in respect of the Security Party pursuant to paragraph (c) of Part 1 of this Schedule remain true, complete and up to date;

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

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Updated certificates of incumbency. a list of directors and officers of each Security Party (other than the Builder, the Refund Guarantor Guarantors and the ChartererCharterers) specifying the names and positions of such persons and copies of the signatures of the persons who have been authorised on behalf of such Security Party to sign such of the Underlying Documents and the Finance Documents to which such Security Party is, or is to be, party and to give notices and communications, including notices of drawing, under or in connection with the Finance Documents, certified (in a certificate dated no earlier than five (5) Business Days prior to the relevant Delivery Date) by an officer of such Security Party to be, in the case of the list of directors, true, complete and up to date and, in the case of the specimen signatures, true signatures of such persons or a certificate by an officer of such Security Party that the list provided in respect of the Security Party pursuant to paragraph (d) of Part 1 of this Schedule and that the specimen signatures provided in respect of the Security Party pursuant to paragraph (c) of Part 1 of this Schedule remain true, complete and up to date;

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

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Updated certificates of incumbency. a list of directors and officers of each Security Party (other than the Builder, the Refund Guarantor and the ChartererCharterers) specifying the names and positions of such persons and copies of the signatures of the persons who have been authorised on behalf of such Security Party to sign such of the Underlying Documents and the Finance Documents to which such Security Party is, or is to be, party and to give notices and communications, including notices of drawing, under or in connection with the Finance Documents, certified (in a certificate dated no earlier than five (5) Business Days prior to the relevant Delivery Date) by an officer of such Security Party to be, in the case of the list of directors, true, complete and up to date and, in the case of the specimen signatures, true signatures of such persons or a certificate by an officer of such Security Party that the list provided in respect of the Security Party pursuant to paragraph (d) of Part 1 of this Schedule and that the specimen signatures provided in respect of the Security Party pursuant to paragraph (c) of Part 1 of this Schedule remain true, complete and up to date;

Appears in 1 contract

Samples: Term Loan Facility Agreement (Danaos Corp)

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