A corporate resolution that authorizes borrowing on a line of credit is often referred to a borrowing resolution. This resolution indicates that the members (LLC) or Board of Directors (Corporation) have held a meeting and conducted a vote allowing the company to borrow a specific loan amount. ...
That any and all withdrawals and borrowing of money and/or other transactions entered into on behalf of the Company with the Bank are hereby ap- 4. proved, and that the Bank may rely upon the authority conferred by this entire resolution until the receipt by it of a copy of a resolution...
Where the Board proposes a resolution to elect or re-elect a candidate as Director at the general meeting, the relevant information of the candidate will be disclosed in the circular to Shareholders and/or explanatory statement accompanying the notice of the relevant general meeting in accordance ...
509 10.0 39,365 75.0 15.4 9.6 Total personal loans 453,889 100.0 412,275 100.0 As at 31 December 2005, the largest exposure to an individual borrower was 6.7% and the largest line of credit to a borrowing group was 10.7% of the Bank's regulatory capital (total capital base after ...
organizational form, and structuring. For investors, it highlights potential risks that diversification could expose them to. To this end, we propose an integrated framework that considers both conglomerates and business groups (BG) as diversifying organizational forms. We find that diversification impacts...
(pursuant to a resolution adopted by the Board of Directors adopted by the affirmative vote of a majority of the entire Board of Directors) or at the written request of stockholders who have, or who are acting on behalf of beneficial owners who have, an aggregate “net long position” of ...
The approved DSA system has the advantages of low dose acquisitions, low contrast agent consumption, intelligent human-machine interactions and high-density resolution images, which will further strengthen our multiple layout of angiography products. As for the orthopedics devices business, the Group has...
We kept strengthening the initiative to obtain liabilities in such manners as coordinating and organizing placements from banks and other financial institutions, issuing debt securities and borrowing from the central bank. We established a scientific internal and external fund pricing mechanism and ...
The Board of Directors by resolution shall appoint one or more inspectors, which inspector or inspectors may, but does not need to, include individuals who serve the Corporation in other capacities, including, without limitation, as officers, employees, agents or representatives, to act at the ...
As Resolution Foundation research last year found, very few workers retrain for new occupations and, for non-graduates, any form of career development is becoming a rarity. Where employers offer them training, it is most likely to be on health and safety. All of which suggests that, if ...