Certificate of Borrower
(Corporation)


Summary

This certificate of borrower (corporation) is a template officer's certificate delivered by a borrower (that is organized as a corporation) to the lender at the closing of an acquisition loan transaction. This template includes practical guidance and drafting notes. For a full listing of key content covering acquisition financing, see Junior Associate Real Estate Resource Kit (Acquisition Finance). The borrower's organizational documents, resolutions authorizing the acquisition and financing transaction, and good standing certificates are attached as exhibits to the certificate. This template certificate includes a certificate of incumbency that certifies the names, titles, and signatures of the officers of the borrower who have authority to execute binding agreements on behalf of such entity. Any duly authorized officer (typically the secretary) of the company may execute this certificate. For additional information about borrower certificates and other closing deliverables, see ...