Lessor's Resolution and Incumbency Certificate Clause Samples

The Lessor's Resolution and Incumbency Certificate clause requires the lessor to provide formal documentation confirming that the individuals signing the lease agreement are duly authorized to do so on behalf of the lessor. This typically involves a corporate resolution from the lessor's governing body and a certificate listing the current officers or representatives with signing authority. By mandating this documentation, the clause ensures that the lease is validly executed, reducing the risk of disputes over authority and protecting both parties from unauthorized commitments.
Lessor's Resolution and Incumbency Certificate. The Lender shall have received a certificate of the managing member of the Lessor attaching and certifying as to (A) the managing member's resolution authorizing the execution, delivery and performance by it of each Operative Document to which the Lessor is or will be a party and (B) the incumbency and signatures of Person(s) authorized to execute and deliver such documents on the Lessor's behalf.
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Lessor's Resolution and Incumbency Certificate. The Credit Bank shall have received a certificate of the general partner of the Lessor attaching and certifying as to (1) the general partner's resolution authorizing the execution, delivery and performance by it of each Operative Document to which the Lessor is or will be a party and (2) the incumbency and signatures of Person(s) authorized to execute and deliver Operative Documents on the Lessor's behalf .
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Related to Lessor's Resolution and Incumbency Certificate

  • Incumbency Certificate An incumbency certificate of the corporate secretary of each of Seller, certifying the names, true signatures and titles of the representatives duly authorized to request transactions hereunder and to execute the Program Agreements.

  • Incumbency Certificates For each Credit Party, signature and incumbency certificates of the officers of each such Person executing any of the Loan Documents, certified as of the Closing Date by such Person's corporate secretary or an assistant secretary as being true, accurate, correct and complete.

  • Resolutions; Incumbency (i) Copies of the resolutions of the board of directors of the Borrower authorizing the transactions contemplated hereby, certified as of the Closing Date by the Secretary or an Assistant Secretary of the Borrower; and (ii) A certificate of the Secretary or Assistant Secretary of the Borrower certifying the names and true signatures of the officers of the Borrower authorized to execute, deliver and perform, as applicable, this Agreement, and all other Loan Documents to be delivered by it hereunder;

  • Incumbency Certificate; Authorized Signers The Agent shall have received from the Borrower and each Guarantor an incumbency certificate, dated as of the Closing Date, signed by a duly authorized officer of such Person and giving the name and bearing a specimen signature of each individual who shall be authorized to sign, in the name and on behalf of such Person, each of the Loan Documents to which such Person is or is to become a party. The Agent shall have also received from the Borrower a certificate, dated as of the Closing Date, signed by a duly authorized representative of the Borrower and giving the name and specimen signature of each Authorized Officer who shall be authorized to make Loan Requests, Letter of Credit Requests and Conversion/Continuation Requests and to give notices and to take other action on behalf of the Borrower under the Loan Documents.

  • Solvency Certificate The Administrative Agent shall have received a Solvency Certificate from the chief financial officer or treasurer of the Borrower.