Resolutions; Company Documents Sample Clauses

Resolutions; Company Documents. A certificate of the secretary of each entity comprising Borrxxxx ("Xecretary's Certificate") of the borrowing certifying: (i) Resolutions of Borrower or other evidence reasonably satisfactory to Lender that the borrowing of the Loan and the execution, delivery and performance of the Loan Documents have been duly and properly authorized by all necessary action (the "Resolutions"); (ii) the names and signatures of the officers of such parties authorized to execute documents on its behalf in connection herewith; (iii) the certificate of incorporation (or articles of incorporation, as applicable) and bylaws of Borrower, with any amendments to any of the foregoing, (iv) good standing certificates showing each entity comprising Borrower in good standing in its state of incorporation and in each other state in which it is doing business and currently intends to do business for which qualification is required except for such locations where failure to qualify could not have a Material Adverse Effect (provided, Lendxx xxxees to accept qualifications from other states after the Closing if and only if Borrower provides such qualifications after closing and Borrower continues to diligently pursue such qualifications), and (v) all other documents necessary for performance of the obligations of Borrower under the Loan Documents; (notwithstanding the foregoing in this subparagraph (C), with respect to any entity comprising Borrower which has aggregate assets worth less than $100,000, the documents required to be provided under this subparagraph (C) may be delivered within twenty-five (25) calendar days after the date hereof unless otherwise waived by Lendxx);