Common use of Authorization Documents Clause in Contracts

Authorization Documents. For each Loan Party, Administrative Agent has received the following, each in form and substance satisfactory to Administrative Agent: (a) that Person’s charter (or similar formation document), certified by the appropriate governmental authority; (b) good standing certificates in that Person’s state of incorporation (or formation) and in each other state in which that Person is qualified to do business if reasonably requested by Administrative Agent; (c) that Person’s bylaws (or similar governing document); (d) resolutions of its board of directors (or similar governing body) approving and authorizing that Person’s execution, delivery, and performance of the Loan Documents to which it is party and the transactions contemplated thereby; and (e) signature and incumbency certificates of that Person’s officers and/or managers executing any of the Loan Documents (which certificates Administrative Agent and each Lender may conclusively rely on until formally advised by a like certificate of any changes in any such certificate), all certified by its secretary or an assistant secretary (or similar officer) as being in full force and effect without modification.

Appears in 6 contracts

Samples: Credit Agreement (Digital Media Solutions, Inc.), Credit Agreement (Moneylion Inc.), Credit Agreement (American Virtual Cloud Technologies, Inc.)

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Authorization Documents. For each Loan Party, Administrative Agent has received the following, each in form and substance satisfactory to Administrative Agent: Agent in its discretion (a) that Person’s charter (or similar formation document), certified by the appropriate governmental authority; Governmental Authority, (b) good standing certificates in that Person’s state of incorporation (or formation) and in each other state in which that Person is qualified to do business if reasonably requested by Administrative Agent; , (c) that Person’s bylaws (or similar governing document); , (d) resolutions of its board of directors (or similar governing body) approving and authorizing that Person’s execution, delivery, and performance of the Loan Documents to which it is party and the transactions contemplated thereby; , and (e) signature and incumbency certificates of that Person’s officers and/or managers executing any of the Loan Documents (which certificates Administrative Agent and each Lender may conclusively rely on until formally advised by a like certificate of any changes in any such certificate), all certified by its secretary or an assistant secretary (or similar officer) as being in full force and effect without modification.

Appears in 3 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (LIV Capital Acquisition Corp.)

Authorization Documents. For each Loan Party, Administrative Agent has received the following, each in form and substance reasonably satisfactory to Administrative Agent: such Person’s (a) that Person’s charter (or similar formation document), certified by the appropriate governmental authority; (b) good standing certificates in that Person’s its state of incorporation (or formation) and in each other state where the failure to maintain such standing could reasonably be expected to result in which that Person is qualified to do business if reasonably a Material Adverse Effect or as otherwise requested by Administrative Agent; (c) that Person’s bylaws (or similar governing document); (d) resolutions of its board of directors (or similar governing body) approving and authorizing that such Person’s execution, delivery, delivery and performance of the Loan Documents to which it is party and the transactions contemplated thereby; and (e) signature and incumbency certificates of that Person’s its officers and/or managers executing any of the Loan Documents (which certificates certifies that Administrative Agent and each Lender may conclusively rely on until formally advised by a like certificate of any changes in any such certificate), all certified by its secretary or an assistant secretary (or similar officer) as being in full force and effect without modification.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Falconstor Software Inc)

Authorization Documents. (a) For each Loan PartyParty (other than Holdings), Administrative Agent has received the following, each in form and substance satisfactory to Administrative Agent: (a) that such Person’s (i) memorandum and articles of association, certificate of incorporation charter (or similar formation document), certified by the appropriate governmental authority; (bii) if applicable, long-form good standing certificates in that Person’s state its jurisdiction of incorporation (or formation) organization), in each state where it is qualified to do business and in each other state in which that Person is qualified to do business if reasonably requested by the Administrative Agent; (ciii) that Person’s bylaws (or similar governing document); (div) resolutions of its board of directors (or similar governing body) approving and authorizing that such Person’s execution, delivery, delivery and performance of the Loan Documents to which it is party and the transactions contemplated thereby; and (ev) signature and incumbency certificates of that Person’s its officers and/or managers executing any of the Loan Documents (which certificates it being understood that the Administrative Agent and each Lender may conclusively rely on each such certificate until formally advised by a like certificate of any changes in any such certificatetherein), all certified by its secretary or an assistant secretary (or similar officer) as being in full force and effect without modification.

Appears in 1 contract

Samples: Credit Agreement (UTi WORLDWIDE INC)

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Authorization Documents. For each Loan Party, Administrative Agent has received the following, each in form and substance satisfactory to Administrative Agent: (a) that Person’s charter (or similar formation document), certified by the appropriate governmental authority; (b) good standing certificates in that Person’s state of incorporation (or formation) and in each other state in which that Person is qualified to do business if reasonably requested by Administrative Agent; (c) that Person’s bylaws (or similar governing document); (d) resolutions of its board of directors (or similar governing body) approving and authorizing that Person’s execution, delivery, and performance of the Loan Documents to which it is party and the transactions contemplated thereby; and (e) signature and incumbency certificates of that Person’s officers and/or managers executing any of the Loan Documents (which certificates Administrative Agent and each Lender may conclusively rely on until formally advised by a like certificate of any changes in any such certificate), all certified by its secretary or an assistant secretary (or similar officer) as being in full force and effect without modification.. 101

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Holding Corp)

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