Common use of Responsible Officer Certificate Clause in Contracts

Responsible Officer Certificate. A certificate from a Responsible Officer of each Borrower Party, in form and substance satisfactory to Administrative Agent in its reasonable discretion: (A) stating that all of the representations and warranties contained in Article 8 and the other Loan Documents made by such Borrower Party are true and correct in all material respects as of such date; (B) stating that no event has occurred and is continuing, or would result from the Credit Extension, which constitutes an Event of Default or, to its knowledge, a Default; and (C)(x) attaching a copy of the electronic signature of a Responsible Officer of such Borrower Party, (y) certifying that Administrative Agent may use such electronic signature in connection with the enforcement of the Secured Parties’ rights with respect to the Collateral after the occurrence and during the continuance of an Event of Default, in accordance herewith and pursuant to the Collateral Documents, and (z) warranting that if such Person is at any time no longer a Responsible Officer of such Borrower Party, then such Borrower Party will promptly (and in no event later than the delivery of the next Borrowing Base Certificate) notify Administrative Agent thereof and provide the electronic signature of a substitute Responsible Officer in furtherance of the foregoing;

Appears in 2 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending LLC)

AutoNDA by SimpleDocs

Responsible Officer Certificate. A certificate from a Responsible Officer of each Borrower Party, in form and substance satisfactory to Administrative Agent in its reasonable discretion: (A) stating that all of the representations and warranties contained in Article 8 and the other Loan Documents made by such Borrower Party are true and correct in all material respects as of such date; (B) stating that no event has occurred and is continuing, or would result from the Credit Extension, which constitutes an Event of Default or, to its knowledge, a Default; and (C)(x) attaching a copy of the electronic signature of a Responsible Officer of such Borrower Party, (y) certifying that Administrative Agent may use such electronic signature in connection with the enforcement of the Secured Parties’ rights with respect to the Collateral after the occurrence and during the continuance of an Event of Default, in accordance herewith 4857-3757-1665 v.17 83 and pursuant to the Collateral Documents, and (z) warranting that if such Person is at any time no longer a Responsible Officer of such Borrower Party, then such Borrower Party will promptly (and in no event later than the delivery of the next Borrowing Base Certificate) notify Administrative Agent thereof and provide the electronic signature of a substitute Responsible Officer in furtherance of the foregoing;

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

AutoNDA by SimpleDocs

Responsible Officer Certificate. A certificate from a Responsible Officer of each Borrower Party, in form and substance satisfactory to Administrative Agent in its reasonable discretion: (A) stating that all of the representations and warranties contained in Article Section 8 and the other Loan Documents made by such Borrower Party are true and correct in all material respects as of such date; (B) stating that no event has occurred and is continuing, or would result from the Credit Extension, which constitutes an Event of Default or, to its knowledge, a Default; and (C)(x) attaching a copy of the electronic signature of a Responsible Officer of such Borrower Party, (y) certifying that Administrative Agent may use such electronic signature in connection with the enforcement of the Secured Parties’ rights with respect to the Collateral after the occurrence and during the continuance of an Event of Default, in accordance herewith and pursuant to the Collateral Documents, and (z) warranting that if such Person is at any time no longer a Responsible Officer of such Borrower Party, then such Borrower Party will promptly (and in no event later than the delivery of the next Borrowing Base Certificate) notify Administrative Agent thereof and provide the electronic signature of a substitute Responsible Officer in furtherance of the foregoing;

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.