Borrower Resolution definition

Borrower Resolution means the Resolution or Ordinance adopted by the Borrower on the ____ day of October, 2009 with reference to the Project, the Borrower Bond and this Loan Agreement.
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.
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.

Examples of Borrower Resolution in a sentence

  • 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.


More Definitions of Borrower Resolution

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

Related to Borrower Resolution

  • 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.

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

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

  • Borrower Agent as defined in Section 4.4.

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule 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.