Common use of Guarantor Authority Clause in Contracts

Guarantor Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their legal counsel: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of each Guarantor as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with the Guaranty and the other Guarantor Documents to which such Guarantor is a party; and (ii) such evidence as the Agent may require to verify that each Guarantor is duly formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of each Guarantor’s articles or certificate of incorporation and bylaws and a certificate of good standing.

Guarantor Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their its legal counsel: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of each Guarantor as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with the Guaranty and the other Guarantor Documents to which such Guarantor is a party; and (ii) such evidence as the Agent may require to verify that each Guarantor is duly formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of each Guarantor’s articles or certificate of incorporation and bylaws and a certificate of good standing.

Guarantor Authority. The Agent shall have received the following, each in form and substance satisfactory to the Lenders and the Agent and their legal counselAgent: (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates of officers of each Foreign Guarantor as the Agent may require to establish the identities of and verify the authority and capacity of each officer thereof authorized to act as an officer in connection with the Foreign Guaranty and the other Guarantor Loan Documents to which such Foreign Guarantor is a party; and (ii) such evidence as the Agent may require to verify that each Foreign Guarantor is duly incorporated or formed, validly existing, in good standing and qualified to engage in business in each jurisdiction in which it is required to be qualified to engage in business, including certified copies of each Guarantor’s the articles or certificate of incorporation and bylaws for such Guarantor and a certificate of good standing; provided however, evidence of FAC's corporate authority to guaranty shall not be a condition to effectiveness.