Common use of Resolutions and Incumbency Certificates Clause in Contracts

Resolutions and Incumbency Certificates. On or prior to the date hereof: (a) the Shareholder shall have delivered to the Depositary resolutions of its board of directors (or similar governing body) authorizing the execution of this Agreement; and (b) each of [___] shall have delivered to the Depositary an incumbency certificate for the person(s) authorized to execute this Agreement on its behalf.

Appears in 1 contract

Sources: Delegending Agreement (Citibank,N.A./ADR)

Resolutions and Incumbency Certificates. On or prior to the date hereof: (a) the Shareholder shall have delivered to the Depositary resolutions of its board of directors (or similar governing body) authorizing the execution of this Agreement; and (b) each of [___[ ] shall have delivered to the Depositary an incumbency certificate for the person(s) authorized to execute this Agreement on its behalf.

Appears in 1 contract

Sources: Announcement