Authorizing Resolution definition

Authorizing Resolution means a resolution adopted by the Board of Directors or by an Officer or committee of Officers pursuant to Board delegation authorizing a Series of Securities.

Authorizing Resolution means the resolution provided to the Financial Institution by the Depositor indicating who is approved to act on behalf of the Depositor and their respective powers.

Authorizing Resolution means any resolution adopted by the commission pursuant to this subchapter which authorizes the contracting of public debt.

Examples of Authorizing Resolution in a sentence

• The Note shall constitute a "Bond" for purposes of the Authorizing Resolution and be entitled to the same benefits thereunder as the Outstanding Parity Note and any Additional Bonds issued pursuant to the Authorizing Resolution.

• Amounts due under the Loan Agreement and the Note shall be payable from a lien on and pledge of the Net Revenues of the System, such pledge being on a parity with the City's Water and Sewer Refunding Revenue Note, Series 2012 (the "Outstanding Parity Note") and any additional Bonds issued pursuant to the provisions of the Authorizing Resolution.

• An "Event of Default" shall be deemed to have occurred under this Agreement if an Event of Default shall have occurred and be continuing under the Authorizing Resolution.

• The City currently receives the Net Revenues, and is legally entitled to pledge such Net Revenues to pay the principal of and interest on the Note, when due, subject to the parity pledge thereof to the Outstanding Parity Note and any Additional Bonds issued pursuant to the Authorizing Resolution.

• The Note shall not be secured by the Reserve Account established under the Authorizing Resolution, or any subaccount therein.SECTION 10.

More Definitions of Authorizing Resolution

Authorizing Resolution means the resolution adopted by the Agency on June 5, 2018, as amended on January 9, 2019, authorizing the execution and delivery of the Agency Documents, as such resolution may be amended and supplemented from time to time.

Authorizing Resolution means any resolution adopted by the commission under this subchapter which authorizes the contracting of a revenue obligation.

Authorizing Resolution means a Board Resolution providing for the issuance of a Series of Securities.

Authorizing Resolution. With respect to (i) the Issuer, any action or resolution taken by the Board of Directors or the Sole Shareholder within the powers vested to it pursuant to the Constitutive Documents of the Issuer and (ii) the Sole Shareholder, any action taken by its manager, CM Investment Partners LLC (as successor to CM Investment Partners, L.P.), any Officer of, or other Person authorized by, such manager or any Officer of the Sole Shareholder, within the powers vested to it pursuant to the Constitutive Documents of the Sole Shareholder.

Authorizing Resolution means a Board Resolution providing for the issuance of a Series of Securities, which is to be delivered to the Trustee pursuant to Section 303 hereof.

Authorizing Resolution means a resolution adopted by the Board of Directors or by an Officer or committee of Officers pursuant to Board delegation authorizing a Series of Securities. An Authorizing Resolution shall be so adopted by both the Company and the Guarantor.

Authorizing Resolution means the resolution of the Board adopted November , 2010, authorizing general revenue pledge bonds in one or more series in an aggregate amount not to exceed $145,000,000, approving certain capital improvements to be financed or refinanced with such bonds, identifying certain outstanding indebtedness of the University to be considered for refunding and establishing certain other parameters related to such bonds.