Borrow money Sample Clauses
The 'Borrow money' clause authorizes a party, typically a company or organization, to obtain funds through loans or other forms of credit. This clause outlines the conditions under which borrowing can occur, such as limits on the amount, approval requirements, or acceptable sources of financing. By clearly defining the authority and process for incurring debt, the clause ensures that borrowing activities are controlled and transparent, helping to manage financial risk and maintain organizational accountability.
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Borrow money. A Receiver may raise and borrow money either unsecured or on the security of any Security Asset either in priority to this Security or otherwise and generally on any terms and for whatever purpose which he thinks fit.
Borrow money. Subject to the Fundamental Policies, the Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.
Borrow money to borrow or raise money either unsecured or on the security of the Charged Assets (either in priority to the Charges or otherwise);
Borrow money. Subject to the Fundamental Policies in effect from time to time with respect to the Trust, the Trustees shall have the power to borrow money or other property in the name of the Trust exclusively for Trust purposes and in this connection issue notes or other evidence of indebtedness; to secure borrowings by mortgaging, pledging or otherwise subjecting as security the Trust Property; and to endorse, guarantee, or undertake the performance of any obligation or engagement of any other Person and to lend Trust Property.
Borrow money. To borrow, as a cosigner or otherwise, from time to time from Lender, on such terms as may be agreed upon between the Corporation and Lender, such sum or sums of money as in his or her judgment should be borrowed, without limitation.
Borrow money. A Receiver may raise and borrow money either unsecured or on the security of any Master Issuer Charged Property either in priority to the Master Issuer Security or otherwise and generally on any terms and for whatever purpose which he thinks fit.
Borrow money to borrow or raise money either unsecured or on the security of all or any part of the Security Assets (either in priority to the Security Interests or otherwise);
Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.
Borrow money raise or borrow any money from or incur any other Liability to the Security Trustee or the Beneficiaries or others on such terms with or without security as he may think fit and so that any such security may be or include a charge on the whole or any part of the Charged Assets ranking in priority to this security or otherwise;
Borrow money. To borrow money and grant security interests in the Company’s assets (including loans from Members), and prepay, refinance, or extend any mortgage affecting the Company’s assets;