Borrower’s Certificate definition

Borrower’s Certificate means a certificate, certifying as to the matters set forth therein, signed on behalf of the Borrower by an authorized signatory having primary responsibility with respect to the matters set forth therein.

Borrower’s Certificate has the meaning set forth in Section 1.03.

Borrower’s Certificate means a certificate of two authorised signatories of the Borrower who are legally empowered to sign such documents;

Examples of Borrower’s Certificate in a sentence

• The execution, delivery, and performance of the Loan Documents are within Borrower’s powers, have been duly authorized, and are not in conflict with nor constitute a breach of any provision contained in Borrower’s Certificate of Incorporation or Bylaws, nor will they constitute an event of default under any material agreement by which Borrower is bound.

• The execution, delivery, and performance of the Loan Documents are within Borrower’s powers, have been duly authorized, and are not in conflict with nor constitute a breach of any provision contained in Borrower’s Certificate of Incorporation or Bylaws, nor will they constitute an event of default under any material agreement to which Borrower is a party or by which Borrower is bound.

• Not later than February 28 of each Fiscal Year, annual operating and capital budgets for the Property for such Fiscal Year, prepared on an fiscal basis, in such form as may be approved by Lender from time to time, together with all supporting details reasonably requested by Lender, and certified, under a Borrower’s Certificate, as being based upon Borrower’s reasonable good faith estimates, upon information and assumptions at the time.

• As soon as practicable, and in any event within forty-five (45) days after the end of each Fiscal Quarter, (i) balance sheets, statements of operations and statements of cash flow for Borrower (collectively, “Financial Statements”), and (ii) a Borrower’s Certificate in the form of Exhibit C or otherwise in form and substance satisfactory to Lender, in each case certified on behalf of Borrower by Borrower’s advisor’s portfolio account controller.

• At the time of each Borrowing, such Borrowing and the use of the proceeds of such Borrowing will be within the Borrower’s corporate xxxxxx, xxxx have been duly authorized by all necessary corporate action, will not contravene (i) the Borrower’s Certificate of Incorporation or Bylaws or (ii) any law or any contractual restriction binding on or affecting the Borrower and will not result in or require the creation or imposition of any Lien prohibited by this Agreement.

More Definitions of Borrower’s Certificate

Borrower’s Certificate shall have the meaning given to such term in Section 10.1(c).

Borrower’s Certificate means that certain Borrower’s Certificate by Borrower in favor of Agent dated as of the Closing Date.

Borrower’s Certificate is defined in Section 7.11(b).

Borrower’s Certificate means a certificate of the chief financial officer of the Borrower, in form and substance satisfactory to Lender in Lender's discretion, dated as of the Closing Date.

Borrower’s Certificate shall have the meaning set forth in Section 2.4 hereof.

Borrower’s Certificate means, as applied to any company, a certificate ---------------------- executed on behalf of such company by its chairman of the board (if an officer), its chief executive officer, its president or its Chief Financial Officer; provided, that, every Borrowers' Certificate with respect to the compliance with -------- ---- a condition precedent to the making of loans hereunder shall include (i) a statement that the officer or officers making or giving such Borrowers' Certificate have read such condition and any definitions or other provisions contained in this Agreement relating thereto, (ii) a statement of the signers that they have made or have caused to be made such examination or investigation as they deem necessary to enable them to certify that such condition has been complied with, and (iii) a statement that such condition has been complied with.

Borrower’s Certificate means that certain Borrower’s Certification, dated as of the date hereof, by each Borrower.