Common use of Shareholder Resolutions Clause in Contracts

Shareholder Resolutions. If required by law, a copy of a resolution signed by all the holders of the issued shares in each Security Party (other than the Borrower), approving the terms of, and the transactions contemplated by, the Relevant Documents to which that Security Party is a party.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Amending and Restating Agreement (Safe Bulkers, Inc.)

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Shareholder Resolutions. (If required by law, the relevant correspondent counsel) a copy of a resolution signed by all the holders of the issued shares in each Security Party (other than the Borrower)security Party, approving the terms of, and the transactions contemplated by, the Relevant Finance Documents to which that Security Party is a party.

Appears in 2 contracts

Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)

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