Common use of Incumbency Certificate; Authorized Signers Clause in Contracts

Incumbency Certificate; Authorized Signers. The Agent shall have received from the Trust an incumbency certificate, dated as of the Closing Date, signed by a duly authorized officer of the Trust and giving the name of each individual who shall be authorized: (a) to sign, in the name and on behalf of the Borrower and the Trust, as the case may be, each of the Loan Documents to which the Borrower or the Trust is or is to become a party; (b) to make Loan and Conversion Requests on behalf of the Borrower and (c) to give notices and to take other action on behalf of the Borrower or the Trust, as applicable, under the Loan Documents.

Appears in 6 contracts

Samples: Revolving Credit Agreement (First Potomac Realty Trust), Revolving Credit Agreement (First Potomac Realty Trust), Revolving Credit Agreement (First Potomac Realty Trust)

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Incumbency Certificate; Authorized Signers. The Agent shall have received from the Trust Borrower an incumbency certificate, dated as of the Closing Date, signed by a duly authorized officer of the Trust Borrower and giving the name and bearing a specimen signature of each individual who shall be authorized: (a) to sign, in the name and on behalf of the Borrower and the Trust, as the case may beBorrower, each of the Loan Documents to which the Borrower or the Trust is or is to become a party; (b) in the case of the Borrower to make Loan and Conversion Requests on behalf of the Borrower Requests; and (c) to give notices and to take other action on behalf of the Borrower or the Trust, as applicable, under the Loan Documents.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc)

Incumbency Certificate; Authorized Signers. The Agent shall have received from the Trust Borrower an incumbency certificate, dated as of the Closing Date, signed by a duly authorized officer of each of the Trust Borrower and the Guarantor and giving the name and bearing a specimen signature of each individual who shall be authorizedan Authorized Representative: (a) to sign, in the name and on behalf of the Borrower and the Trust, as the case may besuch Person, each of the Loan Documents to which the Borrower or the Trust such Person is or is to become a party; (b) with respect to the Borrower, to make Loan and Conversion Requests on behalf of the Borrower requests for Loans; and (c) to give notices and to take other action on behalf of the Borrower or the Trust, as applicable, under the Loan Documents.

Appears in 2 contracts

Samples: Acquisition Loan Agreement (Chartermac), Loan Agreement (Charter Municipal Mortgage Acceptance Co)

Incumbency Certificate; Authorized Signers. The Agent shall have received from the Trust Borrower an incumbency certificate, dated as of the Closing Date, signed by a duly authorized officer of the Trust Members and giving the name and bearing a specimen signature of each individual who shall be authorized: (a) to sign, in the name and on behalf of the Borrower and the Trust, as the case may beMembers, each of the Loan Documents to which the Borrower or the Trust Members is or is to become a party; (b) in the case of the Borrower to make Loan and Conversion Requests on behalf of the Borrower Requests; and (c) to give notices and to take other action on behalf of the Borrower or the Trust, as applicable, under the Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc)

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Incumbency Certificate; Authorized Signers. The Agent shall have received from the Trust Borrower an incumbency certificate, dated as of the Closing Date, signed by a duly authorized officer each of the Trust Borrowers and the Guarantors and giving the name and bearing a specimen signature of each individual who shall be authorizedan Authorized Representative: (a) to sign, in the name and on behalf of the Borrower and the Trust, as the case may besuch Person, each of the Loan Documents to which the Borrower or the Trust such Person is or is to become a party; (b) with respect to the Borrower, to make Loan and Conversion Requests on behalf of the Borrower requests for Warehouse Advances; and (c) to give notices and to take other action on behalf of the Borrower or the Trust, as applicable, Borrowers under the Loan Documents.

Appears in 1 contract

Samples: Mortgage Warehousing Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co)

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