Certificate of Status Clause Samples
A Certificate of Status clause requires one party, typically a corporation or other legal entity, to provide official documentation verifying its current legal standing and authority to conduct business. In practice, this means the entity must obtain and deliver a certificate from a governmental authority, such as a Secretary of State, confirming it is duly organized, validly existing, and in good standing. This clause ensures that the entity is legally recognized and compliant with relevant regulations, thereby reducing the risk of dealing with an entity that may be inactive, dissolved, or otherwise unauthorized to enter into the agreement.
Certificate of Status. The Underwriters shall have received a certificate of status (or the equivalent) in respect of the Company;
Certificate of Status. Prior to the execution of this Agreement by the City, the Developer shall deliver to the City a Certificate of Status issued by the Ontario Ministry of Government and Consumer Services verifying that the Developer is a company duly incorporated under the laws of the Province of Ontario and is in good standing.
Certificate of Status. The Underwriters shall have received a certificate of compliance (or the equivalent) in respect of the Company and each of the Subsidiaries issued by the appropriate regulatory authority, as applicable, in each jurisdiction under which the Company and the Subsidiaries exist;
Certificate of Status. The Company shall have obtained a Certificate of Status from the Delaware Secretary of State dated as of a recent date prior to the Closing.
Certificate of Status a certificate of status or equivalent for the Purchaser dated no earlier than one Business day prior to the date hereof; and
Certificate of Status. Each Owner shall within ten (10) Business Days of request made by Notice by the other Owner deliver to such other Owner a certificate in writing stating (if such be the case) that this Agreement is unmodified and in full force and effect or if there have been any modifications, stating the modifications and stating whether to the knowledge of the officer of the Owner making the certificate either of the Owners is in default under this Agreement and, if so, the nature of the default.
Certificate of Status. The Company shall have delivered to such Purchaser a certificate of status dated as of a recent date from the Secretary of State of the State of Delaware.
Certificate of Status. A certificate of status, good standing or like certificate issued by the appropriate governmental officials of the jurisdiction of B▇▇▇▇▇▇’▇ incorporation.
Certificate of Status. Within fifteen (15) days after the Bank’s written request, the Borrower shall provide a certificate of confirmation as to the current Obligations including, without limitation, confirmation (i) of the amounts outstanding under the Borrower Documents; (ii) if true, that no defenses, offsets, claims, or counterclaims exist to the punctual performance of all Obligations and the full payment of all amounts due under the Borrower Documents; (iii) if true, that the Borrower Documents are valid and enforceable in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, reorganization, moratorium, insolvency or other similar laws affecting the enforcement of creditors’ rights generally and except as limited by general equitable principles; (iv) if true, the Borrower Documents have not been modified or amended, either by express agreement, course of conduct, course of dealing, or otherwise; and (v) any other matter reasonably requested by the Bank. To the extent that Borrower cannot confirm the statements contained in clauses (ii), (iii) or (iv) above, it shall provide detailed information to the Bank describing the extent to which such statements are untrue. The failure of the Borrower to timely provide such a certificate or describe in detail the basis for any disagreement shall be conclusively binding upon the Borrower as establishing the validity and accuracy of any statements contained in the Bank’s written request therefor as of the date thereof.
Certificate of Status. Parent shall deliver to the Principal Shareholders a certificate of good standing with respect to Parent from the Secretary of State of the State of Delaware and a certificate of existence/authority with respect to Merger Sub from the Secretary of State of the State of Washington, each dated within 10 days of the Closing Date.