Common use of Security Parties Clause in Contracts

Security Parties. Constitutional Documents Copies of the constitutional documents of each Security Party together with such other evidence as the Agent may reasonably require that each Security Party is duly formed or incorporated in its country of formation or incorporation and remains in existence with power to enter into, and perform its obligations under, the Finance Documents to which it is or is to become a party.

Security Parties. Constitutional Documents Copies of the constitutional documents of each Security Party together with such other evidence as the Agent Lender may reasonably require that each Security Party is duly formed or incorporated in its country of formation or incorporation and remains in existence with power to enter into, and perform its obligations under, the Finance Relevant Documents to which it is or is to become a party.