Certificates Delivered Clause Samples
The "Certificates Delivered" clause requires one party to provide specific certificates or documents as evidence of compliance with certain obligations or conditions under the agreement. Typically, this involves delivering insurance certificates, proof of regulatory compliance, or other official documents before a transaction can proceed or a service can begin. By mandating the delivery of these certificates, the clause ensures that all necessary prerequisites are met, thereby reducing risk and providing assurance to the receiving party.
Certificates Delivered. Each of Orion, Sterling and MITI ---------------------- shall have delivered to Actava a certificate executed on its behalf by its President or another authorized executive officer in their corporate capacity to the effect that the conditions set forth in subsections 12.2.1 and 12.2.2 as such conditions apply to such officer's company have been satisfied.
Certificates Delivered. Purchaser shall have received the certificate representing the Shares, each duly endorsed in the name of Purchaser or accompanied by a duly executed stock power, all in good form for transfer of good, legal and merchantable title to the Shares to Purchaser, free and clear of all liens, claims, options, encumbrances or restrictions whatsoever.
Certificates Delivered. At the Closing, Arch Parent and Seller shall have delivered to Purchaser certificates representing the AIIHC Common Shares, duly endorsed for transfer or together with duly executed stock powers (with, if applicable, all appropriate stock transfer tax stamps affixed), free and clear of all Liens (other than Liens arising under applicable federal and state securities laws).