Officers Certificate Example For Government In Pima
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An Officers Certificate is a document signed by a company's officer certifying certain facts about the company. An Officers Certificate is often required as a closing condition to a preferred stock financing or an exit M&A transaction.
As referenced above, a typical officer's certificate certifies that various closing conditions have been satisfied as of the closing date, whereas the secretary's certificate is necessary during the closing to ensure that the selling entity is duly organized or incorporated and capable of effecting the transaction.
An officer's certificate, or closing certificate, delivered at the closing of an M&A transaction, certifying that the company's representations and warranties in the transaction agreement remain true and correct and that it has completed or met the covenants and conditions precedent set out in the agreement.
"Officers' certificate" means a certificate signed and verified by the chairperson of the board, the president or any vice president and by the secretary, the chief financial officer, the treasurer or any assistant secretary or assistant treasurer.
An Officers Certificate is a document signed by a company's officer certifying certain facts about the company.
