Common use of Borrowing Powers Clause in Contracts

Borrowing Powers. The Directors may, at their discretion, raise or borrow money for the purposes of the Co-op, on behalf of the Co-op, and secure payment thereof in any manner which they see fit, whether by charge upon any or all of the assets of the Co-op, both real or personal, present or future, or otherwise.

Appears in 2 contracts

Samples: maudancoop.ca, byrnecreek.bc.ca

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Borrowing Powers. The Directors may, at their discretion, may raise or borrow money for the purposes of the Co-op, on behalf of the Co-op, and secure payment thereof in any manner which they see fit, whether by charge upon any or all of the assets of the Co-op, both real or personal, present or future, or otherwise.

Appears in 1 contract

Samples: sunkatchers.com

Borrowing Powers. ‌‌ The Directors may, at their discretion, raise or borrow money for the purposes of the Co-op, on behalf of the Co-op, and secure payment thereof in any manner which they see fit, whether by charge upon any or all of the assets of the Co-op, both real or personal, present or future, or otherwise.

Appears in 1 contract

Samples: www.pineridgeco-op.bc.ca

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Borrowing Powers. The Directors may, at their discretion, raise or borrow money for the purposes of the Co-op, on behalf of the Co-op, and secure payment thereof in any manner which they see fit, whether by charge upon any or all of the assets of the Co-op, both real or personal, present or future, or otherwise.

Appears in 1 contract

Samples: athletesvillagecoop.com

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