Common use of Corporate Resolutions and Approvals Clause in Contracts

Corporate Resolutions and Approvals. The Administrative Agent shall have received, in sufficient quantity for the Administrative Agent and the Lenders, certified copies of the resolutions of the Board of Directors of the Borrower and each other Credit Party, approving the Credit Documents to which the Borrower or any such other Credit Party, as the case may be, is or may become a party, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to the execution, delivery and performance by the Borrower or any such other Credit Party of the Credit Documents to which it is or may become a party.

Appears in 9 contracts

Samples: Credit Agreement (Fca of Ohio Inc), Credit Agreement (Value City Department Stores Inc /Oh), Credit Agreement (NCS Healthcare Inc)

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Corporate Resolutions and Approvals. The Administrative Agent shall have received, in sufficient quantity for the Administrative Agent and the Lenders, certified copies of the resolutions of the Board of Directors of the each Borrower and each other Credit Party, approving the Credit Documents to which the such Borrower or any such other Credit Party, as the case may be, is or may become a party, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to the execution, delivery and performance by the such Borrower or any such other Credit Party of the Credit Documents to which it is or may become a party.

Appears in 2 contracts

Samples: Credit Agreement (CTB International Corp), Credit Agreement (Safety Components International Inc)

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Corporate Resolutions and Approvals. The Administrative Agent shall have received, in sufficient quantity for the Administrative Agent and the Lenders, certified copies of the resolutions of the Board of Directors (or the equivalent) of the Borrower Borrowers and each other Credit Party, approving the Credit Documents to which the Borrower Borrowers or any such other Credit Party, as the case may be, is or may become a party, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to the execution, delivery and performance by the Borrower Borrowers or any such other Credit Party of the Credit Documents to which it is or may become a party.

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

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