Borrowing Authorization definition

Borrowing Authorization means (i) with respect to a corporation, a certificate, in Proper Form, of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the Credit Documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation, and (ii) with respect to a partnership, limited liability company, joint venture or other non-individual Person, such written instruments as shall be required by Lender, each in Proper Form, authorizing the execution, delivery and performance of the Credit Documents to be executed by such Person; the incumbency and signature of the representative of such Person executing such documents on behalf of such Person, and the Organizational Documents of such Person.
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Borrowing Authorization means (i) with respect to a corporation, a certificate of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation and (ii) with respect to a partnership, joint venture or other non-individual Person, such written instruments as shall be required by the Bank authorizing the execution, delivery and performance of the documents to be executed by such Person; the incumbency and signature of the representative of such Person executing such documents on behalf of such Person, and the Organizational Documents of such Person.
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Borrowing Authorization means (i) with respect to a corporation, a certificate, in Proper Form, of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation and (ii) with respect to a partnership, joint venture or other non-individual Person, such written instruments as shall be required by Lender, each in Proper Form, authorizing the execution, delivery and performance of the documents to be executed by such Person; the incumbency and signature of the representative of such Person executing such documents on behalf of such Person, and the Organizational Documents of such Person.
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Examples of Borrowing Authorization in a sentence

  • At the discretion of Lender, additional information may be requested on each entity applicant/borrower, such as Partnership Agreement with Amendments, Corporate/LLC Articles of Incorporation/Organization with Amendments and Borrowing Authorization.

  • At the discretion of Lender, additional information may be requested on each entity applicant/borrower, such as Partnership Agreement with Amendments, Corporate/LLC Articles of Incorporation/Organization with Amendments, and Borrowing Authorization.

  • Authorized Officer - Any officer or employee of any Borrower ------------------ authorized by such Borrower to request Advances as set forth in a Borrowing Authorization.

  • The Borrower shall have furnished to the Bank a copy of resolutions of the Borrowing Authorization for the Board of Directors of any Obligor which is a corporation authorizing the execution, delivery and performance of this Agreement, the borrowing hereunder, the Note and the other Loan Documents, which shall have been certified by the Secretary or Assistant Secretary of each Obligor as of the Disbursement Date first occurring.

  • Borrowing Authorization - A document, in the form of Exhibit 1 ----------------------- attached hereto and made part hereof, signed and delivered to Agent by an Authorized Officer of a Borrower.

  • At the discretion of Lender, additional information may be requested on each entity applicant/borrower, such as Partnership Agreement with Amendments, Corporate/LLC Articles of Incorporation/Organization with Amendments, and Borrowing Authorization Resolution and Certification.

  • Borrowing Authorization shall mean such written instruments, if any, as shall be required by the Lender, authorizing the execution and delivery of the Credit Documents required by this Agreement to be executed and delivered to the Lender by any Person other than a natural person, authorizing the consummation of the transactions contemplated by this Agreement and setting forth the names of the Persons authorized to execute and deliver such Credit Documents.

  • A Borrowing Authorization executed by the members and manager of Gel Tech, authorizing the RLC, the execution, delivery, and performance of this Credit Agreement, the Note, the Credit Documents, and all advances of credit hereunder.

  • The Borrower shall have furnished to the Bank a copy of resolutions of the Borrowing Authorization for the Board of Directors of the Borrower authorizing the execution, delivery and performance of this Agreement, the borrowing hereunder, the Notes and the other Loan Documents, which shall have been certified by the Secretary or Assistant Secretary of each Obligor as of the Disbursement Date first occurring.

  • For purposes hereof, “Authorized Signer(s)” shall have the meaning ascribed to such term in each respective Limited Liability Company Borrowing Authorization and Certificate of Sole Member of even date herewith provided by Borrower to Lender.


More Definitions of Borrowing Authorization

Borrowing Authorization means a certificate, in Proper Form, of the Secretary or an Assistant Secretary of a corporation as to the resolutions of the Board of Directors of such corporation authorizing the execution, delivery and performance of the documents to be executed by such corporation; the incumbency and signature of the officer of such corporation executing such documents on behalf of such corporation, and the Organizational Documents of such corporation.
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Borrowing Authorization means such written instruments, if any, as shall be required by the Administrative Agent, authorizing the execution and delivery of the Loan Documents required by this Agreement to be executed and delivered to the Administrative Agent by any Person other than a natural person, authorizing the consummation of the transactions contemplated by this Agreement and setting forth the names of the Persons authorized to execute and deliver such Loan Documents.
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Related to Borrowing Authorization

  • Marketing Authorization means all approvals from the relevant Regulatory Authority necessary to market and sell a Product in any country (including without limitation, all applicable pricing and governmental reimbursement approvals even if not legally required to sell Product in a country).

  • Service Authorization Request means a Provider’s or Enrollee’s request to the Contractor for the provision of a service.

  • Marketing Authorization Application or “MAA” means an application for Regulatory Approval (but excluding Pricing Approval) in any particular jurisdiction other than the U.S.

  • Requisite Regulatory Approvals has the meaning set forth in Section 7.01(b).

  • Regulatory Authorizations means all approvals, clearances, authorizations, registrations, certifications, licenses and permits granted by any Regulatory Authority.