Common use of Bylaws; Resolutions Clause in Contracts

Bylaws; Resolutions. All action on the part of the Borrower, the General Partner and the Guarantor necessary for the valid execution, delivery and performance by the Borrower, the General Partner and the Guarantor of this Agreement and the other Loan Documents to which such Person is or is to become a party shall have been duly and effectively taken, and evidence thereof satisfactory to the Agent shall have been provided to the Agent. The Agent shall have received from the General Partner and Guarantor true copies of their respective bylaws and the resolutions adopted by their respective board of directors authorizing the transactions described herein, each certified by its secretary as of a recent date to be true and complete.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Crescent Real Estate Equities Inc), Revolving Credit Agreement (Crescent Real Estate Equities Co), Revolving Credit Agreement (Crescent Real Estate Equities LTD Partnership)

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Bylaws; Resolutions. All action on the part of the Borrower, the General Partner Partners and the Guarantor Guarantors, as applicable, necessary for the valid execution, delivery and performance by the Borrower, the General Partner and the Guarantor such Person of this Agreement and the other Loan Documents to which such Person is or is to become a party shall have been duly and effectively taken, and evidence thereof satisfactory to the Agent shall have been provided to the Agent. The Agent shall have received from the General Partner Partners and Guarantor the Guarantors true copies of their respective bylaws and the resolutions adopted by their respective board boards of directors authorizing the transactions described herein, each certified by its secretary as of a recent date to be true and complete.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Walden Residential Properties Inc), Revolving Credit Agreement (Walden Residential Properties Inc)

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Bylaws; Resolutions. All action on the part of the Borrower, the General Partner Borrower and the Guarantor Guarantors, as applicable, necessary for the valid execution, delivery and performance by the Borrower, the General Partner and the Guarantor such Person of this Agreement and the other Loan Documents to which such Person is or is to become a party shall have been duly and effectively taken, and evidence thereof satisfactory to the Agent shall have been provided to the Agent. The Agent shall have received from the General Partner Borrower and Guarantor the Guarantors true copies of their respective bylaws and the resolutions adopted by their respective board boards of directors directors, general partners or other managers authorizing the transactions described herein, each certified by its secretary or general partner as of a recent date to be true and complete.

Appears in 1 contract

Samples: Term Loan Agreement (Ps Business Parks Inc/Ca)

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