Borrower Resolutions definition

Borrower Resolutions mean collectively, the Initial Resolution and the Loan Resolution of the Borrower.
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Examples of Borrower Resolutions in a sentence

  • The Committee then considered the application and discussed the following: It was noted that pre-application advice was offered. Concerns were raised regarding the lack of affordable housing, together with the absence of its own amenity space.

  • 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.

  • A complete checklist of required documentation is obtained that includes: Borrower Resolutions, Business Loan Agreement, disbursement request and authorization, mortgage, power of attorney, UCC, assignment of life insurance, and Commercial Security Agreement, all depending on the type of commercial loan.

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

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:

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Notices of Borrowing means, collectively, the Notices of Revolving Borrowing and the Notices of Swingline Borrowing.

  • Borrower’s Certificate means a certificate, certifying as to the matters set forth therein, signed on behalf of the Borrower by an authorized signatory having primary responsibility with respect to the matters set forth therein.

  • Borrower Agent as defined in Section 4.4.

  • Single Series Extraordinary Resolution means a resolution passed at a meeting of Noteholders duly convened and held in accordance with the procedures prescribed by the Issuer and the Fiscal Agent pursuant to Condition 14(a) (Convening Meetings of Noteholders; Conduct of Meetings of Noteholders; Written Resolutions) by a majority of:

  • Borrowing Base Report means a Borrowing Base Report for the Borrower signed by an Authorized Signatory of the Borrower and in substantially the form of Exhibit D attached hereto.

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Certified Resolution means a copy of a resolution of the Board of Directors of the Company, certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted and to be in full force and effect on the date of such certification.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Series Resolution or “this Resolution” means this Resolution authorizing the issuance and sale of the Series 2020 Bonds in one or more series or sub-series, and including the applicable Certificate of Award for any such series.

  • Notice of Swingline Borrowing means a notice in the form of Exhibit F to be delivered to the Agent pursuant to Section 2.04 evidencing the Borrower’s request for a Swingline Loan.

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • Bond Resolution means the resolution to be adopted by the Governing Body prescribing the terms and details of the Bonds and making covenants with respect thereto.

  • Board Resolutions means the board resolutions to be signed by us (where we are a company) pursuant to the opening of our Account(s) with you.

  • Guarantor’s Board Resolution means a copy of one or more resolutions, certified by the Secretary or an Assistant Secretary of the Guarantor to have been duly adopted by the Guarantor's Board of Directors and to be in full force and effect on the date of such certification, delivered to the Trustee.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • 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.