Common use of Corporate Proceedings of the Borrower Clause in Contracts

Corporate Proceedings of the Borrower. The Agent shall have received a copy of the resolutions or other corporate proceedings or action, in form and substance satisfactory to the Agent, taken on behalf of the Borrower authorizing (i) the execution, delivery and performance of this Agreement, the Notes and the other Loan Documents to which it is a party, and (ii) the borrowings contemplated hereunder, certified by a Responsible Officer of the Borrower as of the Closing Date, which certificate shall state that such resolutions, or other proceedings or action thereby certified have not been amended, modified, revoked or rescinded and shall be in form and substance satisfactory to the Agent.

Appears in 3 contracts

Samples: Credit Agreement (Aqua America Inc), Credit Agreement (Aqua America Inc), Credit Agreement (Philadelphia Suburban Corp)

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Corporate Proceedings of the Borrower. The Agent shall have received a copy of the resolutions or other corporate proceedings or action, in form and substance satisfactory to the Agent, taken on behalf of the Borrower authorizing (i) the execution, delivery and performance of this Agreement, the Notes and Notes, the other Loan Documents to which it is a partyparty and the Purchase Agreement, and (ii) the borrowings contemplated hereunder, certified by a Responsible Officer of the Borrower as of the Closing Date, which certificate shall state that such resolutions, or other proceedings or action thereby certified have not been amended, modified, revoked or rescinded and shall be in form and substance satisfactory to the Agent.

Appears in 3 contracts

Samples: Credit Agreement (Philadelphia Suburban Corp), Credit Agreement (Philadelphia Suburban Corp), Credit Agreement (Aqua America Inc)

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Corporate Proceedings of the Borrower. The Agent shall have received ------------------------------------- received, with a counterpart for the Agent and each Lender, a copy of the resolutions or other corporate proceedings or actionresolutions, in form and substance satisfactory to the Agent, taken on behalf of the Board of Directors of the Borrower authorizing (i) the execution, delivery and performance of this Agreement, the Notes and the other Loan Documents to which it is a party, party and (ii) the borrowings contemplated hereunder, certified by a Responsible Officer the Secretary or an Assistant Secretary of the Borrower as of the Closing Date, which certificate shall state that such resolutions, or other proceedings or action the resolutions thereby certified have not been amended, modified, revoked or rescinded and shall be in form and substance satisfactory to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Telecorp Tritel Holding Co)

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