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Per Bank will have obtained duplicates of Borrowing from the bank Documents, originally done and you may produced by the for each and every relevant Person

Posted by admin on February 8, 2022
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Per Bank will have obtained duplicates of Borrowing from the bank Documents, originally done and you may produced by the for each and every relevant Person

(u) The organization should refund new Investing Representative toward realistic aside-of-pouch expenses of your Using https://paydayloanpennsylvania.org/cities/southampton/ Agent incurred about the the newest sequence of any replacement Expenses Representative and for the going any funds within the arms to your successor Spending Representative.

3.1 Conditions Precedent to Effectiveness of the Agreement. The Agreement shall become effective on the Closing Date subject to the satisfaction, or waiver in accordance with Area nine.cuatro, of the following conditions on or before the Closing Date:

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(b) Organizational Files; Incumbency. Each Lender shall have received (i) copies of each Organizational Document executed and delivered by Company and Seller, as applicable, and, to the extent applicable, (x) certified as of the Closing Date or a recent date prior thereto by the appropriate governmental official and (y) certified by its secretary or an assistant secretary as of the Closing Date, in each case as being in full force and effect without modification or amendment; (ii) signature and incumbency certificates of the officers of such Person executing the Credit Documents to which it is a party; (iii) resolutions of the Board of Directors or similar governing body of each of Company and Seller approving and authorizing the execution, delivery and performance of this Agreement and the other Credit Documents to which it is a party or by which it or its assets may be bound as of the Closing Date, certified as of the Closing Date by its secretary or an assistant secretary as being in full force and effect without modification or amendment; (iv) a good standing certificate from the applicable Governmental Authority of each of Company and Seller’s jurisdiction of organization or formation; and (v) such other documents as any Lender may request. Continue Reading

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