Common use of Borrower’s Corporate Resolution Clause in Contracts

Borrower’s Corporate Resolution. There shall have been delivered to Agent (with sufficient copies for distribution to all Lenders), in form and substance satisfactory to Agent and its counsel, a copy of a resolution or resolutions passed by the Board of Directors of Borrower, certified by the Secretary or an Assistant Secretary of Borrower as being in full force and effect on the Closing Date, authorizing the borrowing provided for herein and the execution, delivery and performance of this Agreement, the Notes, the Collateral Documents to which it is a party and any other instrument or agreement required hereunder;

Appears in 3 contracts

Samples: Credit Agreement (Bally Total Fitness Holding Corp), Credit Agreement (Bally Total Fitness Holding Corp), Credit Agreement (Bally Total Fitness Holding Corp)

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Borrower’s Corporate Resolution. There shall have been delivered to Agent (with sufficient copies for distribution to all Lenders)Agent, in form and substance reasonably satisfactory to Agent and its counsel, a copy of a resolution or resolutions passed by the Board of Directors of Borrower, certified by the Secretary or an Assistant Secretary of Borrower as being in full force and effect on the Closing Date, authorizing the borrowing provided for herein and the execution, delivery and performance of this Agreement, the Notes, the Collateral Documents to which it is a party and any other instrument or agreement required hereunder;

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

Borrower’s Corporate Resolution. There shall have been delivered to Agent (with sufficient copies for distribution to all Lenders), in form and substance satisfactory to Agent and its counselthe Administrative Agent, a copy of a resolution or resolutions passed by the Board of Directors of Borrower, certified by the Secretary or an Assistant Secretary of Borrower as being in full force and effect on the Closing Date, authorizing the commencement of the Cases (with respect to Borrower) and the borrowing provided for herein and the execution, delivery and performance of this Agreement, Agreement and the Notes, the Collateral other Credit Documents to which it is a party and any other instrument or agreement required hereunder;.

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

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Borrower’s Corporate Resolution. There shall have been delivered to Agent (with sufficient copies for distribution to all Lenders)Agent, in form and substance satisfactory to Agent and its counsel, a copy of a resolution or resolutions passed by the Board of Directors of Borrower, certified by the Secretary or an Assistant Secretary of Borrower as being in full force and effect on the Closing Date, authorizing the borrowing provided for herein and the execution, delivery and performance of this Agreement, the Notes, the Collateral Documents to which it is a party and any other instrument or agreement required hereunder;

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

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