Common use of Borrowing Powers Clause in Contracts

Borrowing Powers. 16. The Directors may exercise all the powers of the company to borrow money and to mortgage or charge its undertaking, property and uncalled capital, or any pan, thereof, and to issue debentures, debenture stock and other securities whether outright or as security for any debt, liability or obligation of the Company or of any third party. DISQUALIFICATION OF DIRECTORS

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Life Energy & Technology Holdings Inc)

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Borrowing Powers. 16136. The Directors may exercise all the powers of the company Company to borrow money and to mortgage hypothecate, mortgage, charge or charge pledge its undertaking, property property, and uncalled capital, assets or any pan, part thereof, and to issue debentures, debenture stock and or other securities securities, whether outright or as collateral security for any debt, debt liability or obligation of the Company or of any third party. DISQUALIFICATION OF DIRECTORS.

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

Borrowing Powers. 16. 5.1 The Directors may exercise all the Company's powers to borrow and raise money and secure any debts, liabilities, contracts or obligations incurred or undertaken by the Company in such manner and on such terms as they think fit and in particular may accept deposits, issue perpetual or redeemable debentures and give a Charge or other security over the whole or any part of the company to borrow money Company's undertaking and to mortgage or charge property (present and future) including its undertaking, property uncalled and uncalled capital, or any pan, thereof, and to issue debentures, debenture stock and other securities whether outright or as security called but unpaid capital for any debt, liability or obligation of the Company or of any third party. DISQUALIFICATION OF DIRECTORStime being.

Appears in 1 contract

Samples: National Global MBS Manager Inc

Borrowing Powers. 16. 99.1 The Directors may exercise all the powers of the company to borrow money and to mortgage or charge all or any part of its undertaking, property property, assets (present and future) and uncalled capital, or any panand, thereofsubject to the provisions of the Statutes, to create and to issue debentures, debenture and other loan stock and debentures and other securities securities, whether outright or as collateral security for any debt, liability or obligation of the Company company or of any third party. DISQUALIFICATION OF DIRECTORS.

Appears in 1 contract

Samples: Bioprogress PLC

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Borrowing Powers. 16133. The Directors may exercise all the powers of the company Company to borrow money and to mortgage hypothecate, mortgage, charge or charge pledge its undertaking, property property, and uncalled capital, assets or any pan, part thereof, and to issue debentures, debenture stock and or other securities securities, whether outright or as collateral security for any debt, debt liability or obligation of the Company or of any third party. DISQUALIFICATION OF DIRECTORSSECRETARY

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

Borrowing Powers. 16131. The Directors may exercise all the powers of the company Company to borrow money and to mortgage hypothecate, mortgage, charge or charge pledge its undertaking, property property, and uncalled capital, assets or any pan, part thereof, and to issue debentures, debenture stock and or other securities securities, whether outright or as collateral security for any debt, debt liability or obligation of the Company or of any third party. DISQUALIFICATION OF DIRECTORSSECRETARY

Appears in 1 contract

Samples: Business Combination Agreement (Prenetics Global LTD)

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