Examples of Bring-Down Certificate in a sentence
If the Second Notice of Borrowing is accompanied by a draft of the Updated Letter or if the Bring-Down Certificate is accompanied by the Updated Letter, Lender shall have no obligation to make the Loan of the Second Commitment unless the matters set forth in the Updated Letter are acceptable to Lender in its sole discretion.
In the case of the Second Closing Date, the Bring-Down Certificate will also certify the Updated Letter, together with documentation reasonably supporting each item disclosed.
The representations and warranties of PHC set forth in this Agreement shall be true and correct in all material respects as of the Closing as though made at and as of the Closing, and Buyer shall have received a certificate (the "PHC Bring-Down Certificate"), dated the date of Closing to the foregoing effect signed by an authorized officer of PHC.
Upon acceptance of the Bring-Down Certificate, the Company will issue Shares to Subscriber at a per share offering price of $10.00.
According to the study, added to this are hindrances such as security, poor telecommunication infrastructure, lack of skilled labour and trust, privacy and psychological barriers, digital divide as well as poor e-commerce planning and strategy.