Certificate of Borrower


This Certificate of Borrower (Corporation) is a form of 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 form includes practical guidance and drafting notes.The borrower’s organizational documents, resolutions authorizing the acquisition and financing transaction, and good standing certificates are attached as exhibits to the certificate. This form 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.Please see Certificates, Schedules, Legal Opinions, and Other Closing Deliverables and Closing Process Resource Kit for additional information about borrower certificates and other closing deliverables. For more information on certificates of...