Borrowing Authorization definition

Borrowing Authorization means (i) with respect to a corporation, a certificate, in Proper Form, of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the Credit Documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation, and (ii) with respect to a partnership, limited liability company, joint venture or other non-individual Person, such written instruments as shall be required by Lender, each in Proper Form, authorizing the execution, delivery and performance of the Credit Documents to be executed by such Person; the incumbency and signature of the representative of such Person executing such documents on behalf of such Person, and the Organizational Documents of such Person.

Borrowing Authorization means (i) with respect to a corporation, a certificate of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation and (ii) with respect to a partnership, joint venture or other non-individual Person, such written instruments as shall be required by the Bank authorizing the execution, delivery and performance of the documents to be executed by such Person; the incumbency and signature of the representative of such Person executing such documents on behalf of such Person, and the Organizational Documents of such Person.

Borrowing Authorization means a certificate, in Proper Form, of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation.

Examples of Borrowing Authorization in a sentence

• At the discretion of Lender, additional information may be requested on each entity applicant/borrower, such as Partnership Agreement with Amendments, Corporate/LLC Articles of Incorporation/Organization with Amendments and Borrowing Authorization.

• Borrowing Authorization to Relocate Child and Adolescent Facility) Subject to the review of the Joint Bond Review Committee and approval of the Budget and Control Board, the Department of Mental Health is hereby authorized to borrow an amount not to exceed $24,000,000 for the purpose of constructing and equipping a new child and adolescent facility in order to provide placement for children and adolescents that must be moved from the Bull Street Campus.

• The borrowing limit under the Borrowing Authorization Act was$175,000,000 as of March 31, 1999.

• Borrowing Authorization Act, S.N.W.T. 1991-1992, c.2, is repealed.

• The Borrower shall have furnished to the Bank a copy of resolutions of the Borrowing Authorization for the Board of Directors of the Borrower authorizing the execution, delivery and performance of this Agreement, the borrowing hereunder, the Notes and the other Loan Documents, which shall have been certified by the Secretary or Assistant Secretary of each Obligor as of the Disbursement Date first occurring.

• The borrowing limit under the Borrowing Authorization Act was unchanged at $175,000,000 as of March 31, 2000.

• At the discretion of Lender, additional information may be requested on each entity applicant/borrower, such as Partnership Agreement with Amendments, Corporate/LLC Articles of Incorporation/Organization with Amendments, and Borrowing Authorization Resolution and Certification.

• Agenda item 7.b. Centennial Water Treatment Facility Borrowing Authorization Councilor Steinberg stated the Finance Committee voted 5-0 to recommend the borrowing authorization.

• The Borrower shall have furnished to the Bank a copy of resolutions of the Borrowing Authorization for the Board of Directors of any Obligor which is a corporation authorizing the execution, delivery and performance of this Agreement, the borrowing hereunder, the Note and the other Loan Documents, which shall have been certified by the Secretary or Assistant Secretary of each Obligor as of the Disbursement Date first occurring.

• Malformed individuals have higher mortality rates thannon-malformed individuals.

More Definitions of Borrowing Authorization

Borrowing Authorization means (i) with respect to a corporation, a certificate, in Proper Form, of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation and (ii) with respect to a partnership, joint venture or other non-individual Person, such written instruments as shall be required by Lender, each in Proper Form, authorizing the execution, delivery and performance of the documents to be executed by such Person; the incumbency and signature of the representative of such Person executing such documents on behalf of such Person, and the Organizational Documents of such Person.

Borrowing Authorization means such written instruments, if any, as shall be required by the Administrative Agent, authorizing the execution and delivery of the Loan Documents required by this Agreement to be executed and delivered to the Administrative Agent by any Person other than a natural person, authorizing the consummation of the transactions contemplated by this Agreement and setting forth the names of the Persons authorized to execute and deliver such Loan Documents.