Common use of Powers of Directors Clause in Contracts

Powers of Directors. The directors may from time to time on behalf of the Company: (a) borrow money in the manner and amount, on the security, from the sources and on the terms and conditions that they consider appropriate; (b) issue bonds, debentures and other debt obligations either outright or as security for any liability or obligation of the Company or any other person, and at any discount or premium and on such other terms as they consider appropriate;

Appears in 3 contracts

Samples: Amalgamation Agreement, Amalgamation Agreement, Amalgamation Agreement

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Powers of Directors. The directors may from time to time on behalf of the Company: (a) borrow money in the manner and amount, on the security, from the sources and on the terms and conditions that they consider appropriate;, (b) issue bonds, debentures and other debt obligations either outright or as security for any liability or obligation of the Company or any other person, and at any discount or premium and on such other terms as they consider appropriate;,

Appears in 2 contracts

Samples: Amalgamation Agreement, Amalgamation Agreement

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Powers of Directors. The directors Directors may from time to time on behalf at their discretion exercise all the powers of the Company: (a) Company to raise or borrow money in the manner and amountto mortgage or charge its undertaking, on the securityproperty and assets (present and future) and uncalled capital or any part thereof, from the sources and on the terms and conditions that they consider appropriate; (b) to issue bondsdebentures, debentures debenture stock, bonds and other debt obligations either securities, whether outright or as collateral security for any debt, liability or obligation of the Company or of any other person, and at any discount or premium and on such other terms as they consider appropriate;third party.

Appears in 1 contract

Samples: Merger Agreement (L Catterton Asia Acquisition Corp)

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