Common use of Shareholder Resolutions Clause in Contracts

Shareholder Resolutions. If required by law, a copy of a resolution signed by all the holders of the issued shares in each Security Party (other than the Borrower), approving the terms of, and the transactions contemplated by, the Relevant Documents to which that Security Party is a party.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

AutoNDA by SimpleDocs

Shareholder Resolutions. (If required by law, the relevant correspondent counsel) a copy of a resolution signed by all the holders of the issued shares in each Security Party (other than the Borrower)security Party, approving the terms of, and the transactions contemplated by, the Relevant Finance Documents to which that Security Party is a party.. 109

Appears in 2 contracts

Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.