Common use of Resolutions of Borrower Clause in Contracts

Resolutions of Borrower. Copies of resolutions, as adopted by the Borrower's Board of Directors, approving the execution, delivery and performance of this Loan Agreement, the Debentures, and the other Loan Documents, including the transactions contemplated herein and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 2 contracts

Samples: Convertible Debenture Loan Agreement (Topro Inc), Convertible Debenture Loan Agreement (Packaging Research Corp)

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Resolutions of Borrower. Copies Resolutions of resolutionsBorrower approving the Loans contemplated hereby, as duly adopted by the Borrower's Board of Directors, approving the execution, delivery and performance of this Loan Agreement, the Debentures, and the other Loan Documents, including the transactions contemplated herein Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Mobile Gas Service Corp), Revolving Credit Agreement (Energysouth Inc)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by the Borrower's Board of Directors, Borrower approving the execution, delivery and performance of this Loan Agreement, the DebenturesNote, and the other Loan Documents, including Documents and the transactions contemplated herein and therein, duly adopted by Borrower's Board of Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower dated the date of this Loan Agreement and stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.;

Appears in 1 contract

Samples: Loan Agreement (Burr Brown Corp)

Resolutions of Borrower. Copies Resolutions of resolutionsBorrower approving the Loans contemplated hereby, as duly adopted by the Borrower's ’s Board of Directors, approving the execution, delivery and performance of this Loan Agreement, the Debentures, and the other Loan Documents, including the transactions contemplated herein Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Energysouth Inc)

Resolutions of Borrower. Copies of resolutions, as Resolutions duly adopted by the Borrower's Board Boards of Directors, Directors of Borrower and Guarantor approving the execution, delivery delivery, and performance of this the Loan AgreementDocuments executed by Borrower and Guarantor, the Debenturesas applicable, and the other Loan Documents, including the transactions contemplated herein therein, and accompanied by a certificate certificates of the Secretary or Assistant Secretary of Borrower and Guarantor stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed repealed, and are in full force and effecteffect on the date of execution hereof.

Appears in 1 contract

Samples: Credit Agreement (United States Exploration Inc)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by the Borrower's Board of Directors, Borrower approving the execution, delivery and performance of this Loan Agreement, the DebenturesRevolving Credit Note, the Loan Documents and the other Loan Documents, including the transactions contemplated herein and therein, duly adopted by Borrower's Board of Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nn Ball & Roller Inc)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by the Borrower's Board of Directors, Borrower approving and authorizing the execution, delivery and performance of this Loan Agreement, the DebenturesSecurity Agreements, the Notes and all other Loan Documents to which it is a party, and the other Loan Documents, including the transactions contemplated herein and therein, duly adopted by the Borrower's Board of Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that as of the date of execution and delivery of the Loan Documents such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Metro Information Services Inc)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by Borrower authorizing the Borrower's Board of Directors, approving the execution, delivery and performance execution of this Loan Agreement, the Debentures, Agreement and the other Loan Documents, including Documents duly adopted by the transactions contemplated herein Board of Directors of Borrower and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Guaranty Agreement (Pier 1 Imports Inc/De)

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Resolutions of Borrower. Copies Resolutions of resolutionsBorrower approving the Loans contemplated hereby, as duly adopted by the Borrower's Board of Directors, approving the execution, delivery and performance of this Loan Agreement, the Debentures, and the other Loan Documents, including the transactions contemplated herein Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and and, correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Energysouth Inc)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by the Borrower's Board of Directors, Borrower approving the execution, delivery and performance of this Loan Agreement, the DebenturesNote, and the other Loan Documents, including Documents and the transactions contemplated herein and therein, duly adopted by Borrower's Board of Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Secured Revolving Credit Loan Agreement (Remington Oil & Gas Corp)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by the Borrower's Board of Directors, Borrower approving the execution, delivery and performance of this Loan Agreement, the DebenturesRevolving Credit Note, the Term Promissory Note, the Loan Documents and the other Loan Documents, including the transactions contemplated herein and therein, duly adopted by Borrower's Board of Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Loan and Security Agreement (King Pharmaceuticals Inc)

Resolutions of Borrower. Copies Resolutions of resolutions, as adopted by the Borrower's Board of Directors, Borrower approving the execution, delivery and performance of this Loan Agreement, the DebenturesNotes, and the Letter of Credit Applications, the Security Agreement, the other Loan Documents, including Documents and the transactions contemplated herein and therein, duly adopted by Borrower's Board of Directors and accompanied by a certificate of the Secretary or Assistant Secretary of Borrower stating that such resolutions have been duly adopted, are true and correct, have not been altered or repealed and are in full force and effect.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Falconite Inc)

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