Borrower Board definition

Borrower Board the board of directors, board of managers or comparable authority of the Borrower, and each committee thereof.
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Borrower Board is defined in Section 6.2(d).
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Borrower Board means the Board of Directors of the Borrower. “Borrower Materials” has the meaning set forth in Section 5.06.
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Examples of Borrower Board in a sentence

  • The Borrower shall notify the Observer (at the same time as such notice is given to the members of the Borrower Board or the applicable committee thereof) in writing (which may be by e-mail) of (A) the date and time for each general or special meeting of the Borrower Board or any committee thereof (and any Board or similar governing body of any Subsidiary if the Observer so requests) and (B) the adoption of any resolutions or actions by written consent.

  • The execution and delivery of the Loan Documents and the performance or observance of the terms thereof have been duly authorized by all necessary Borrower Board of Directors action and do not contravene or violate any provision of law or any charter or bylaw provision or any covenant, indenture or agreement of or binding upon Borrower, nor require the consent or approval of, or registration, filing or declaration with, any governmental entity or agency thereof.

  • Such Non-Voting Observer shall not constitute a member of the Borrower Board and shall not be entitled to vote on, or consent to, any matters presented to the Borrower Board or committee thereof.

  • Employee’s requested by the Company to standby for service calls shall be paid $3.25 per hour for each hour actually spent on standby Monday to Saturday, as determined by management.

  • Xxxxxx Xxxxxxxx 3rd in his capacity as director of the Borrower, Chairman of the Borrower Board or Chief Executive Officer of the Borrower (for the avoidance of doubt, an action taken by the Borrower without the actual knowledge of N.

  • Strategic Direction 2: Reedley College is devoted to providing access and services for students to obtain their educational goals (DO 2.1).

  • Borrower has all requisite power and authority to enter into this Agreement and to carry out the transactions contemplated hereby [Borrower Board of Directors minutes explicitly authorizing the transactions and execution by the signatory below is attached).

  • Notwithstanding the foregoing, any Loan Party may sell, transfer or dispose of assets based upon its own reasonable determination of fair market value (and without an Opco Borrower Board of Director’s determination) provided that the aggregate book value of all assets sold, transferred or otherwise disposed of in this manner shall not exceed $100,000 in any Fiscal Year.


More Definitions of Borrower Board

Borrower Board means the then-current legally governing body vested with the power of management of the Borrower.
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Related to Borrower Board

  • Parent Board means the board of directors of Parent.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Company Board of Directors means the board of directors of the Company.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Local board means a school board, public utility, commission, transportation commission, public library board, board of park management, local board of health, board of commissioners of police, planning board, or any other board, commission, committee, body or local authority established or exercising any power or authority under any general or special Act with respect to any of the affairs or purposes, including school purposes, of the municipality or any part or parts thereof;

  • Management Board means the management board of the Company.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Guarantor’s Board of Directors means, with respect to any Guarantor, either the board of directors of such Guarantor or any duly authorized committee of that board.

  • Project Board means an advertisement displaying information with regard to the relevant contractor(s) and / or consultant(s) involved in the construction project and displayed on the construction site.

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Company Board means the Board of Directors of the Company.

  • Bank Board means the Board of Directors of the Bank.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • State Water Board means the State Water Resources Control Board.

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Requisite Company Vote has the meaning set forth in Section 3.03(a).

  • Board of Directors means the board of directors of the Company.

  • Board or Board of Directors means the Board of Directors of the Company.

  • Full Board means the authorized number of voting members of the Board of Education.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.

  • Equity Committee means the official committee of equity security holders, appointed pursuant to section 1102 of the Bankruptcy Code by the U.S. Trustee on March 13, 2009.

  • joint board means the Townsville-Thuringowa Water Supply Joint Board.

  • PJM Board means the Board of Managers of the LLC, acting pursuant to the Operating Agreement, except when such term is being used in Tariff, Attachment M, in which case PJM Board shall mean the Board of Managers of PJM or its designated representative, exclusive of any members of PJM Management.

  • Chairman of the Board means the Chairman of the Board of the Corporation.

  • Subsidiary Board means the board of trustees of a subsidiary corporation.

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.