Common use of Reliance on Certificates Clause in Contracts

Reliance on Certificates. The Fronting Bank, the Lenders and the Administrative Agent shall be entitled to rely conclusively upon the certificates delivered from time to time by officers of the Borrower as to the names, incumbency, authority and signatures of the respective persons named therein until such time as the Administrative Agent may receive a replacement certificate, in form acceptable to the Administrative Agent, from an officer of the Borrower identified to the Administrative Agent as having authority to deliver such certificate, setting forth the names and true signatures of the officers and other representatives of the Borrower thereafter authorized to act on behalf of the Borrower and, in all cases, the Fronting Bank, the Lenders and the Administrative Agent may rely on the information set forth in any such certificate.

Appears in 8 contracts

Samples: Credit Agreement (Northeast Utilities), Credit Agreement (Western Massachusetts Electric Co), Credit Agreement (Northeast Utilities System)

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Reliance on Certificates. The Fronting BankLenders, the Lenders XX Xxxxx, the Swingline Lender and the Administrative Agent shall be entitled to rely conclusively upon the certificates delivered from time to time by officers of the Borrower as to the names, incumbency, authority and signatures of the respective persons Persons named therein until such time as the Administrative Agent may receive a replacement certificate, in form acceptable to the Administrative Agentthereto, from an officer of the Borrower identified to the Administrative Agent as having authority to deliver such certificate, setting forth the names and true signatures of the officers and other representatives of the Borrower thereafter authorized to act on behalf of the Borrower and, in all cases, the Fronting Bank, the Lenders and the Administrative Agent may rely on the information set forth in any such certificateBorrower.

Appears in 3 contracts

Samples: Credit Agreement (Exelon Corp), Credit Agreement (Constellation Energy Group Inc), Credit Agreement (Baltimore Gas & Electric Co)

Reliance on Certificates. The Fronting BankLenders, the Lenders Issuing Banks and the Administrative each Agent shall be entitled to rely conclusively upon the certificates delivered from time to time by officers of the Borrower as to the names, incumbency, authority and signatures of the respective persons named therein until such time as the Administrative Agent may receive a replacement certificate, in form acceptable to the Administrative Agent, from an officer of the Borrower identified to the Administrative Agent as having authority to deliver such certificate, setting forth the names and true signatures of the officers and other representatives of the Borrower thereafter authorized to act on behalf of the Borrower and, in all cases, the Fronting Bank, the Lenders and the Administrative Agent may rely on the information set forth in any such certificateBorrower.

Appears in 2 contracts

Samples: Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp)

Reliance on Certificates. The Each Fronting Bank, the Lenders each Lender and the Administrative Agent shall be entitled to rely conclusively upon the certificates delivered from time to time by officers of the Borrower as to the names, incumbency, authority and signatures of the respective persons named therein until such time as the Administrative Agent may receive a replacement certificate, in form acceptable to the Administrative Agent, from an officer of the Borrower identified to the Administrative Agent as having authority to deliver such certificate, setting forth the names and true signatures of the officers and other representatives of the Borrower thereafter authorized to act on behalf of the Borrower and, in all cases, the such Fronting Bank, the Lenders and the Administrative Agent may rely on the information set forth in any such certificate.

Appears in 1 contract

Samples: Credit Agreement (Public Service Co of New Hampshire)

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Reliance on Certificates. The Fronting Bank, the Lenders and the Administrative Agent shall be entitled to rely conclusively upon the certificates delivered from time to time by officers of the Borrower Borrower, NU and the other parties to the Significant Contracts as to the names, incumbency, authority and signatures of the respective persons named therein until such time as the Administrative Agent may receive a replacement certificate, in form acceptable to the Administrative Agent, from an officer of the Borrower such Person identified to the Administrative Agent as having authority to deliver such certificate, setting forth the names and true signatures of the officers and other representatives of the Borrower such Person thereafter authorized to act on behalf of the Borrower such Person, and, in all cases, the Fronting Bank, the Lenders and the Administrative Agent may rely on the information set forth in any such certificatecertificate including, without limitation, information relating to the Debt Limit.

Appears in 1 contract

Samples: Collateral Agency Agreement (North Atlantic Energy Corp /Nh)

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