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Any authorized officer or representative of the Company, as an \u201cauthorized person\u201d within the meaning of the Delaware Act, shall file and record any amendments and/or restatements to the Certificate of Formation and such other certificates and documents (and any amendments or restatements thereof) as may be required under the laws of the State of Delaware and of any other jurisdiction in which the Company may conduct business. Such authorized officer or representative shall, on request, provide the Sole Member with copies of each such document as filed and recorded. 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Thereafter, the Borrower may elect to continue such Borrowing and may elect Interest Periods therefor, all as provided in this Section 2.04. 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Duration; Continuance", "Effective Date; Duration; <strong>Continuance</strong>"], ["occurrence-of-default", "Occurrence of Default", "Occurrence of Default"], ["duties-and-responsibilities-of-the-trustee-during-default-prior-to-default", "Duties and Responsibilities of the Trustee; During Default; Prior to Default", "Duties and Responsibilities of the Trustee; During Default; Prior to Default"]], "related_snippets": [], "updated": "2026-04-05T05:49:25+00:00", "also_ask": ["What strategic advantages can be gained by controlling the terms of a continuance clause?", "Which essential elements must be included to ensure the clause is enforceable and unambiguous?", "What are the most common risks or loopholes that could undermine the effectiveness of a continuance clause?", "How do continuance clauses differ across jurisdictions or contract types?", "What standards do courts apply when determining whether to grant a continuance under such a clause?"], "drafting_tip": "Specify the conditions for continuance to prevent disputes; clarify the process to ensure enforceability; define any limitations to avoid ambiguity.", "explanation": "A Continuance clause defines the circumstances under which a legal proceeding or contractual obligation may be postponed or rescheduled to a later date. In practice, this clause allows either party, or sometimes the court or an arbitrator, to request a delay due to reasons such as the unavailability of key participants, the need for additional evidence, or unforeseen events. Its core function is to provide flexibility in scheduling, ensuring that all parties have a fair opportunity to prepare and participate, thereby promoting procedural fairness and preventing undue hardship caused by rigid timelines."}, "json": true, "cursor": ""}}