Borrowing Power. Without limiting the borrowing powers of the Corporation as set forth in the Act, the Board may from time to time:
Borrowing Power. Without limiting the borrowing powers of the Corporation as set forth in the Act, but subject to the articles, the board may from time to time on behalf of the Corporation, without authorization of the shareholders:
Borrowing Power. Subject to Article 75, the Board of Directors may from time to time, at its discretion, cause the Company to borrow or guaranty the payment of any sum or sums of money for the purposes of the Company, and may secure or provide for the repayment of such sum or sums in such manner, at such times and upon such terms and conditions as it deems fit, and in particular by the issuance of bonds, perpetual or redeemable debentures, debenture stock, or any mortgages, charges or other security interest on the whole or any part of the property of the Company, both present and future, including its uncalled or called but unpaid capital for the time being.
Borrowing Power. The Board of Directors may from time to time, in its discretion, cause the Company to borrow or secure the payment of any sum or sums of money for the purposes of the Company, and may secure or provide for the repayment of such sum or sums in such manner, at such times and upon such terms and conditions in all respects as it thinks fit, and, in particular, by the issuance of bonds, perpetual or redeemable debentures, debenture stock, or any mortgages, charges, or other securities on the undertaking or the whole or any part of the property of the Company, both present and future, including its uncalled or called but unpaid capital for the time being.
Borrowing Power. Without limiting the generality of Section 11.2, the General Partner has full power and exclusive authority for and on behalf of the Partnership to, from time to time, (a) borrow money, (b) enter into guarantees and/or indemnities, (c) draw, make, execute and issue loan agreements, promissory notes, evidences of indebtedness and other negotiable or non-negotiable instruments, (d) secure the payment of any sums so borrowed, guaranteed or indemnified, (e) mortgage, pledge, charge, assign and hypothecate or assign in trust all or any part of, or any interest in, any of the undertaking, property or assets of the Partnership, (f) assign any money owing or to be owing to the Partnership, and/or (g) engage in any other means of financing.
Borrowing Power. Without limiting the generality of Section 11.2, and subject to Section 11.4, the General Partner has full power and exclusive authority for and on behalf of the Partnership to borrow money for the business of the Partnership and, from time to time, without limit as to amount, to draw, make, execute and issue promissory notes, evidences of indebtedness and other negotiable or non-negotiable instruments, secure the payment of the sums so borrowed, mortgage, pledge, charge, assign and hypothecate, or assign in trust all or any part of or any interest in the undertaking, property or assets of the Partnership or assign any money owing or to be owing to the Partnership and to engage in any other means of financing.
Borrowing Power. The Board may exercise all the power of ACON Health to borrow money and to mortgage or charge its undertaking or assets and to issue debentures, debenture stock and other securities whether outright or as a security for any debt, contract, guarantee, engagement, obligation or liability of ACON Health and on such terms and conditions as the Board thinks fit, having regard to the Objects of ACON, their duties as Directors and any applicable laws.
Borrowing Power. The Purchaser hereby acknowledges that the Developer/Seller shall be entitled to apply for and obtain construction loan from any bank and/or financial institution and/or from any other person on the express condition that at or before delivery of possession of the said Apartment/Flat/Unit intended to be acquired by the Purchaser the Developer/Seller shall cause such charge and/or lien to be removed.
Borrowing Power. 16 No Change
Borrowing Power. 16,1 The Owners Association shall be entitled to borrow funds if such funds are required for the purposes of maintaining, repairing, and/or replacing the Common Area, Common Facilities and/or Recreational Facilities, provided that such borrowing is made pursuant to the provisions contained in the bylaws of the Owners Association.
