Common use of Organizational Documentation Clause in Contracts

Organizational Documentation. For Borrower and Guarantor, with respect to each such entity: (1) the partnership agreement including all amendments and attachments, certified by a general partner; (2) the partnership certificate including all amendments, certified by an official in whose office it is filed or recorded; (3) any certificates filed or recorded or required to be filed or recorded by such partnership in the state of its formation and the state where the Land is located in order for it to do business in those states; (4) any consents by other partners required for the borrowing contemplated by this Agreement and the execution, delivery and performance of the Loan Documents or the execution, delivery and performance of the Guaranty, as applicable; and (5) if requested by Lender, an acknowledgement by each of the partners in Borrower of his or its continued membership in Borrower.

Appears in 2 contracts

Sources: Construction Loan Agreement (Taubman Centers Inc), Construction Loan Agreement (Taubman Realty Group LTD Partnership)