Borrowing Certificate Sample Clauses
A Borrowing Certificate clause requires a borrower to provide a formal statement or certificate confirming certain financial or operational facts, typically as a condition for drawing funds under a loan agreement. This certificate may include representations about the borrower's compliance with loan covenants, the accuracy of financial statements, or the absence of default events. By mandating such documentation, the clause ensures that lenders receive up-to-date assurances before advancing funds, thereby reducing the risk of lending under false pretenses or in breach of agreed terms.
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Borrowing Certificate. The Administrative Agent shall have received, with a counterpart for each Lender, a certificate of the Borrower, dated the Closing Date, substantially in the form of Exhibit D, with appropriate insertions and attachments, reasonably satisfactory in form and substance to the Administrative Agent, executed by the President or any Vice President and the Secretary or any Assistant Secretary of the Borrower.
Borrowing Certificate. The Administrative Agent shall have received a certificate of the Borrower, dated the Closing Date, substantially in the form of Exhibit H, with appropriate insertions and attachments, reasonably satisfactory in form and substance to the Administrative Agent, executed by a Responsible Officer and the Secretary or any Assistant Secretary of the Borrower.
Borrowing Certificate. The Administrative Agent shall have received, on or before the time required for its receipt pursuant to subsection 2.5, a Borrowing Certificate with respect to the Loans requested to be made on such date. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such Loan that the applicable conditions in this Section 4 have been satisfied.
Borrowing Certificate. In the case of the first requested borrowing subsequent to the Closing Date, the Administrative Agent shall have received with a counterpart for each Bank, a certificate of the Company, dated as of such date, substantially in the form of Exhibit E, with appropriate insertions and attachments, satisfactory in form and substance to the Administrative Agent, executed by any Responsible Officer of the Company.
Borrowing Certificate. The Lenders shall have received a Borrowing Certificate as required by Section 2.2.
Borrowing Certificate. The Agent shall have received, with a counterpart for each Lender, a certificate of each Loan Party, dated the Closing Date, substantially in the form of Exhibit G, with appropriate insertions and attachments, satisfactory in form and substance to the Agent, executed by the President or any Vice President and the Secretary or any Assistant Secretary of the Borrower.
Borrowing Certificate. The Administrative Agent shall have received a Borrowing Certificate, duly executed by an Authorized Officer on behalf of the Borrowers.
Borrowing Certificate. The Lenders shall have received a duly completed and executed Borrowing Certificate from a Responsible Officer of the Borrower.
Borrowing Certificate. In the case of Revolving Credit Loans, the Administrative Agent shall have received, on or prior to the time required for its receipt pursuant to subsection 2.3, a Borrowing Certificate with respect to the Loans requested to be made on such date.
Borrowing Certificate. Lender shall have received a duly executed Borrowing Certificate in the form of EXHIBIT B, including a detailed itemization of all costs of goods and services to be paid with the proceeds of the Advance and accompanied by supporting documentation satisfactory to Lender.