Common use of Borrower's Resolutions Clause in Contracts

Borrower's Resolutions. A copy of a resolution of the Board of Directors of each of the Borrowers authorizing or ratifying the execution, delivery and performance, respectively, of this Agreement, the Notes and all other Loan Documents to be executed by such Borrower substantially similar to sample resolutions found in Exhibit I hereto, certified by the Secretaries of such Borrower;

Appears in 3 contracts

Samples: Bridge and Consolidated Term Loan Agreement (Donlar Corp), Bridge and Consolidated Term Loan Agreement (Donlar Corp), Bridge and Consolidated Term Loan Agreement (Donlar Biosyntrex Corp)

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Borrower's Resolutions. A certified copy of a resolution resolutions of the Borrower’s Board of Directors of each of the Borrowers authorizing or ratifying the execution, delivery delivery, and performance, respectively, performance of this Agreement, the Notes Note, and all the other Loan Documents to be executed by such Borrower substantially similar to sample resolutions found in Exhibit I hereto, certified by the Secretaries of such BorrowerDocuments;

Appears in 1 contract

Samples: Loan Agreement (Univec Inc)

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