Authorizing Resolutions definition
Examples of Authorizing Resolutions in a sentence
The Issuer will furnish to any Holder upon written request and without charge a copy of the Indenture and the applicable Authorizing Resolutions or supplemental indenture.
In addition, unless expressly prohibited in an indenture supplement hereto or in the Authorizing Resolutions with respect to any series of Securities, the Company may purchase, acquire or otherwise hold Securities.
The Company agrees that Executive shall at all times have such discretion and authority as is required in the carrying out of Executive’s duties in a proper and efficient manner, subject to such limits as the Board may impose through the Company’s Authorizing Resolutions or otherwise.
All Securities of any one Series shall be substantially identical in form except as to denomination and except as may be otherwise provided in and pursuant to the Authorizing Resolutions and/or supplemental indenture (if any) relating thereto.
The Authorizing Resolutions for Borrowers evidences an institution’s authorization to borrow from and pledge assets to a Reserve Bank.