Borrower, Guarantor and Operating Company Documents Clause Samples
Borrower, Guarantor and Operating Company Documents a. Prior to closing, Lender must obtain from Borrower, Guarantor and Operating Company a current copy of each of the following as appropriate:
Borrower, Guarantor and Operating Company Documents a. Prior to closing, Lender must obtain from Borrower, Guarantor and Operating Company a current copy of each of the following as appropriate:
(1) Corporate Documents - Articles or Certificate of Incorporation (with amendments), any By-laws, Certificate of Good Standing (Or equivalent), Corporate Borrowing Resolution, and, if a foreign corporation, current authority to do business within this state.
(2) LImited Liability Company (LLC) Documents - Articles of Organization (with amendments), Fact Statement or Certificate of Existence, Operating Agreement, Borrowing Resolution, and evidence of any state-required registration.