Officer’s Certificate


Summary

This form Officer’s Certificate is used by the borrower group to satisfy a condition precedent to close a loan transaction. This form includes practical guidance and drafting notes.Delivery of an officer’s certificate confirms that an officer of the borrower has reviewed all matters and documents with respect to the underlying transaction and provides assurance to the administrative agent and lenders that the statements and undertakings of the borrower contained in the credit agreement are accurate and achievable. Officer’s certificates also cover other deal-specific matters that the administrative agent and lenders may request in order to gain additional comfort with the transaction before proceeding; however these are subject to negotiation depending on the borrower’s comfort level with making any such requested certification. Officer’s certificates will generally include a confirmation that, as of the date of the certificate, all representations and warranties set forth in the ...