Satisfaction of General Conditions Sample Clauses

Satisfaction of General Conditions. Upon the following conditions being satisfied :-
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Satisfaction of General Conditions. Upon the following conditions being satisfied:- a copy of the Certificate of Incorporation and the Memorandum and Articles of Association or the Constitution (amended, as the case may be, to comply with the Residential Property Act, Cap 274) of the Borrower certified as a true copy by a Director or the Company Secretary; a copy, certified as a true copy by the Director or Company Secretary of the Borrower, of resolutions of the Board of Directors of the Borrower in form and substance satisfactory to the Lender authorising, in accordance with the Memorandum and Articles of Association or the Constitution of the Borrower:- the acceptance of the Facilities upon the terms and conditions enumerated in this Agreement; the opening of accounts with the Lender as may be required by the Lender from time to time; the approval and execution of this Agreement and the Security Documents in accordance with the Articles of Association or the Constitution of the Borrower; the affixing of the Common Seal on the Mortgage and this Agreement in accordance with the Articles of Association or the Constitution of the Borrower; a person or persons to sign any notice of drawing and any other documents to be executed under hand and to be given pursuant to or ancillary to this Agreement or the Security Documents by or on behalf of the Borrower;

Related to Satisfaction of General Conditions

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