Examples of Borrower Board in a sentence
The Borrower shall notify the Observer (at the same time as such notice is given to the members of the Borrower Board or the applicable committee thereof) in writing (which may be by e-mail) of (A) the date and time for each general or special meeting of the Borrower Board or any committee thereof (and any Board or similar governing body of any Subsidiary if the Observer so requests) and (B) the adoption of any resolutions or actions by written consent.
The execution and delivery of the Loan Documents and the performance or observance of the terms thereof have been duly authorized by all necessary Borrower Board of Directors action and do not contravene or violate any provision of law or any charter or bylaw provision or any covenant, indenture or agreement of or binding upon Borrower, nor require the consent or approval of, or registration, filing or declaration with, any governmental entity or agency thereof.
Reimburse the Non-Voting Observer for reasonable documented out-of-pocket expenses incurred in connection with his attendance at any meeting of the Borrower Board.
Such Non-Voting Observer shall not constitute a member of the Borrower Board and shall not be entitled to vote on, or consent to, any matters presented to the Borrower Board or committee thereof.
The funding method for employer contributions (the long-term planned pattern for employer contributions).
Xxxxxx Xxxxxxxx 3rd in his capacity as director of Borrower, Chairman of Borrower Board or Chief Executive Officer of Borrower (for the avoidance of doubt, an action taken by Borrower without the actual knowledge of N.
Appropriate Borrower Board of Directors approval and opinions of counsel acceptable to FINOVA shall be obtained, at FINOVA's discretion.
Michel Botbol will be established as the chairman of the Borrower Board (and the Borrower’s U.S. subsidiaries will do the same).