Diligence Certificate definition
Examples of Diligence Certificate in a sentence
The Diligence Certificate sets forth a complete and accurate list of all material registered or applications to register patents, trademarks or copyrights owned by the Borrower and each of the other Loan Parties as of the Restatement Date.
The Diligence Certificate lists all banks and other financial institutions at which any Loan Party maintains Deposit Accounts, Securities Accounts or other accounts as of the Restatement Date, including any disbursement accounts, and such Schedule correctly identifies the name, address and telephone number of each depository or securities intermediary, as applicable, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.
Execution and delivery of a fully executed Due Diligence Certificate (Attachment No. 27).
A duly completed and executed Perfection and Diligence Certificate, dated as of the date hereof, executed by the Loan Parties in favor of CoBank, in form and content approved by CoBank.
Developer shall execute the Due Diligence Certificate upon Developer’s completion of such investigations, signifying its completion of due diligence with respect to the environmental condition of the Property.
Except as set forth on the Diligence Certificate, as of the Restatement Date, neither the Borrower nor any Material Subsidiary is a party to or bound by any surety bond agreement or bonding requirement with respect to products or services sold by it or any trademark or patent license agreement with respect to products sold by it.
The Collateral Agent and each Pledgor agree that the Due Diligence Certificate and all descriptions of Pledged Collateral, schedules, amendments and supplements thereto are and shall at all times remain a part of this Agreement.
The Diligence Certificate includes a true and complete list, as of the Restatement Date, of each Material Contract to which the Borrower or any Material Subsidiary is a party.
The Property shall be free and clear of all tenants and other third-party occupancy rights and in a physical condition substantially the same as on the date Developer submitted the Due Diligence Certificate, excluding ordinary wear and tear and any changes caused directly or indirectly by any activities of Developer.
By execution of this Due Diligence Certificate, Developer certifies completion of its environmental investigation of the above referenced Property in accordance with Section 211.2(a) of the DDA.