Borrower Resolutions definition

Borrower Resolutions mean collectively, the Initial Resolution and the Loan Resolution of the Borrower.

Examples of Borrower Resolutions in a sentence

  • The Project shall be used in or in connection with the governmental purposes of the Borrower consistent with the Borrower Resolutions.

  • Each Borrower executed a resolution in connection with the Loan and the Loan Documents in favor of the Lender (collectively, the “Borrower Resolutions”) that permits each Borrower to enter into any and all amendments to the Loan, and this Agreement is an amendment to the Loan which is duly contemplated, authorized, and permitted by the Borrower Resolutions, which are hereby warranted and covenanted by each Borrower to be and remain in full force and effect.

Related to Borrower Resolutions

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Borrowing Agent means any of the following: