Pre-Commitment Conditions Sample Clauses
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Pre-Commitment Conditions. In order to induce the Lender to sign this Agreement and to make available the Loan, the Borrower represents and warrants to the Lender that prior to or at the time of the signing of this Agreement the following has been satisfied:
Pre-Commitment Conditions. The Borrower has satisfied the Rupee Lenders that the following pre-commitment conditions have been complied with as on the date of signing of this Agreement i The Borrower has provided (a) certified true copies of the constitutional documents of the Borrower; (b) Board resolution for accepting the sanction of Rupee Loans; and (b) evidence of the corporate power, authority and required corporate action to enter into, and signature authority of the persons executing the Finance Documents on behalf of the Borrower