Limited liability company action. The delivery by Purchaser to Seller of evidence reasonably acceptable to Seller that all limited liability company actions have been taken by Purchaser to authorize the execution and delivery of this Agreement and the transactions contemplated hereby, together with an incumbency certificate regarding the incumbency of the manager of Purchaser.
Appears in 2 contracts
Sources: Purchase Agreement (PLM Equipment Growth Fund Iii), Purchase Agreement (PLM Equipment Growth Fund Ii)