Borrower Resolution definition

Borrower Resolution means the resolution or other authorizing action adopted by the governing board of the Borrower authorizing the Loan and the execution and delivery of the Borrower Documents.
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Borrower Resolution means, if Borrower is an entity, the resolution, consent or other written authorization executed by Borrower’s governing board, partner(s), member(s), manager(s) or officer(s), as the case may be, authorizing Borrower to execute and deliver this Agreement and the other Loan Documents and to enter into the transactions contemplated hereby and thereby, in form and content acceptable to Bank.
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Borrower Resolution means the resolution, in form and substance satisfactory to the Board, duly enacted by the Governing Body of the Borrower, authorizing the Loan and prescribing the terms thereof and establishing the security thereof, and authorizing the execution and delivery of the Loan Agreement and the Note.
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Examples of Borrower Resolution in a sentence

  • Note: The platform reference guidetitled “Unresolved Borrower Resolution Process for Second Draw PPP Loans” lists the Hold Codes that require SBA resolution and provides guidance as to the types of information and documentation that may assist with resolution.

  • The Initial Bond Resolution and the Initial Borrower Resolution and all of the obligations of the Authority described in the Initial Bond Resolution and the Initial Borrower Resolution are hereby ratified.

  • The Borrower is entering into this Loan Agreement and issuing the Borrower Bond pursuant to Chapter 9-40, SDCL, and all acts amendatory thereto, Chapter 6-8B, SDCL, and all acts amendatory thereto, and the Borrower Resolution, and this Loan Agreement and the Borrower Bond are subject to all the provisions and limitations thereof, all of which is hereby incorporated herein by reference.

  • The Borrower is entering into this Loan Agreement and issuing the Borrower Bond pursuant to SDCL Chapter 9-40, and all acts amendatory thereto, and SDCL Chapter 6-8B, and all acts amendatory thereto, and the Borrower Resolution and this Loan Agreement and the Borrower Bond are subject to all the provisions and limitations thereof, all of which are hereby incorporated herein by reference.

  • Cover Letter Instructions; Borrower Resolution; Form of Loan Agreement; Form of Indenture; andForm of Pricing ConfirmationEstimated Loan Proceeds and DistributionsRecommend the Board to approve the ASAP Program to provide cash flow financing for planned February through June 2021 apportionment deferrals.


More Definitions of Borrower Resolution

Borrower Resolution means a resolution of a municipality borrower authorizing the issuance of bonds or a loan agreement.
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Borrower Resolution means a resolution of a municipality authorizing the issuance of bonds.
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Borrower Resolution means a resolution of a municipality authorizing the issuance of bonds and establishing the terms and conditions and providing security therefore.
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Related to Borrower Resolution

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Bond Resolution means the resolution to be adopted by the Governing Body prescribing the terms and details of the Bonds and making covenants with respect thereto.

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • Certified Resolution means a copy of a resolution of the Board of Directors of the Company, certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted and to be in full force and effect on the date of such certification.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Borrowing Agent means any of the following:

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Authorizing Resolution means a resolution adopted by the Board of Directors or by an Officer or committee of Officers pursuant to Board delegation authorizing a Series of Securities.

  • unanimous resolution means, subject to subsection (3), a resolution-

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Borrower Agent as defined in Section 4.4.

  • Guarantor’s Board Resolution means a copy of one or more resolutions, certified by the Secretary or an Assistant Secretary of the Guarantor to have been duly adopted by the Guarantor's Board of Directors and to be in full force and effect on the date of such certification, delivered to the Trustee.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Borrower Notice has the meaning specified in Section 7.12(b)(iv).

  • Arrangement Resolution means the special resolution of the Company Shareholders approving this Plan of Arrangement to be considered at the Company Meeting.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

  • Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.

  • Borrowing Certificate means a Borrowing Certificate substantially in the form of Exhibit A.

Most Referenced Clauses

Most Referenced Definitions