Common use of Bank Authorization Clause in Contracts

Bank Authorization. The Bank represents and warrants that this Agreement is made pursuant to and is duly authorized by the Board of Directors of the Bank and recorded in the official records of the Bank.

Bank Authorization. The Bank represents and warrants that this Agreement is made pursuant to and is duly authorized by the Board of Directors of the Bank has passed a resolution authorizing and approving this Agreement providing for the deposit of funds and pledging of collateral in accordance with this agreement, and recorded in the official records of the Bank.

Bank Authorization. The Bank represents and warrants covenants that this Agreement is made pursuant to and is duly authorized by the Board of Directors of the Bank and recorded in the official records of the Bank.