Borrower Resolutions definition
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.