Duly Authorized Officer definition

Duly Authorized Officer means the Chief Executive Officer, the President, the Chief Operating Officer, the Chief Financial Officer and the Assistant Secretary of the Borrower.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Duly Authorized Officer means either –

Duly Authorized Officer. The President of the Borrower or other officer or employee of any such party who is authorized by such party's Board of Directors or an executive committee of such Board of Directors.

Examples of Duly Authorized Officer in a sentence

A certificate of a Duly Authorized Officer certifying the names of the officers of the Borrower authorized to make a borrowing request and sign this Agreement and the Financing Agreements to which the Borrower is a party, together with a sample of the true signature of each such officer; the Administrative Agent may conclusively rely on each such certificate until formally advised by a like certificate of any changes therein.
Copies of resolutions of the Board of Directors or Board of Managers of the Borrower (as applicable), and, if required, the shareholder or member(s) of the Borrower, authorizing or ratifying the execution, delivery and performance by the Borrower of this Agreement, the Financing Agreements to which the Borrower is a party and any other document provided for herein or therein to be executed by Borrower, certified by a Duly Authorized Officer.
A Financial Condition Certificate, in form and substance reasonably satisfactory to the Administrative Agent, signed on behalf of the Borrower by a Duly Authorized Officer of the Borrower.
The Administrative Agent shall have received a certificate signed on behalf of the Borrower by a Duly Authorized Officer and dated the Closing Date certifying satisfaction of the conditions specified in Sections 5.1 and 5.2 hereof.
By: /s/ Duly Authorized Officer The undersigned Optionee hereby acknowledges receipt of a copy of the foregoing option and acknowledges and agrees to the terms and conditions set forth in the option.
Revolving Loans shall bear interest at the Base Rate plus the Applicable Base Rate Margin unless the Borrower provides a Borrowing Notice to the Administrative Agent in the form of Exhibit B, signed by a Duly Authorized Officer of the Borrower, irrevocably electing that all or a portion of the Revolving Loans are to bear interest at a Libor Rate (the “Borrowing Notice”).
In addition, each request for a Loan shall be accompanied or preceded by all other documents not previously delivered as required to be delivered to the Administrative Agent under Section 5.2 hereof, and a request for any Revolving Loan shall be accompanied or preceded by a borrowing base certificate from the Borrower, signed by a Duly Authorized Officer, in form and substance satisfactory to the Administrative Agent.
A certificate of a Duly Authorized Officer certifying the names of the officers of the Borrower authorized to make a borrowing request and sign this Agreement and the Financing Agreements to which the Borrower is a party, together with a sample of the true signature of each such officer; the Lender may conclusively rely on each such certificate until formally advised by a like certificate of any changes therein.
The Administrative Agent shall have received a certificate signed on behalf of the Borrower by a Duly Authorized Officer and dated the Closing Date certifying satisfaction of the conditions specified in this Section 5.
Copies of resolutions of the Board of Directors of the Borrower, and, if required, the shareholder of the Borrower, authorizing or ratifying the execution, delivery and performance by the Borrower of this Agreement, the Financing Agreements to which the Borrower is a party and any other document provided for herein or therein to be executed by Borrower, certified by a Duly Authorized Officer.

More Definitions of Duly Authorized Officer

Duly Authorized Officer means, with respect to the Consignee, the President of Consignee, or other officer or employee who is authorized by the Board of Directors or an executive committee of such Board of Directors and with respect to the Consignor, any vice president or other officer or employee who is authorized to act in such capacity.

Duly Authorized Officer with respect to any certificate, agreement or other document to be executed by or on behalf of a Borrower, the manager, chairman, president, chief executive officer, chief operating officer, chief financial officer, vice president, treasurer or other representative of such entity, who shall, in any event, be an officer duly authorized by all required action of such entity to execute and deliver such document.

Duly Authorized Officer means, in respect of Ricardo, any President, Vice President or or the General Counsel of any Associated Company or division of any Associated Company and, in respect of the Client, any person designated in writing by the Client to Ricardo to be considered the same;

Duly Authorized Officer means any officer authorized by the Governor by notice in the Gazette to act under the provisions of this Ordinance;

Duly Authorized Officer means an individual appointed by Council or an individual executing duties delegated to them by the individual appointed by Council;

Duly Authorized Officer means the President, Chief Executive O ficer, the Chief Financial O ficer, any Vice-President, the Treasurer (if at any tim applicable), and the Secretary of each Loan Party, as applicable.