The Onshore Parent Guarantor Clause Samples
The Onshore Parent Guarantor. (i) A copy of the constitutional documents of the Onshore Parent Guarantor, including without limitation:
(A) the articles of association and all amendments thereto; and
(B) the up-to-date business license.
(ii) A copy of a resolution of the sole shareholder of the Onshore Parent Guarantor:
(A) approving the terms of, and the transactions contemplated by, the Finance Documents to which it is a party and resolving that it execute the Finance Documents to which it is a party;
(B) authorising a specified person or persons to execute the Finance Documents to which it is a party on its behalf; and
(C) authorising a specified person or persons, on its behalf, to sign and/or despatch all documents and notices to be signed and/or despatched by it under or in connection with the Finance Documents to which it is a party.
(iii) A specimen of the signature of each person authorised by the resolution referred to in paragraph (ii) above.
(iv) A certificate from the Onshore Parent Guarantor (signed by a director) confirming that guaranteeing the Commitment would not cause any securing or similar limit binding on it to be exceeded.
(v) A certificate of an authorised signatory of the Onshore Parent Guarantor certifying that each copy document relating to it specified in this Schedule 1 is correct, complete and in full force and effect as at a date no earlier than the date of this Agreement.
