Resolution to Authorize Borrowing on a Line of Credit WHEREAS, this Corporation desires to borrow money, be it: RESOLVED, that the proper officers of this Corporation are hereby authorized to borrow from the BANK NAME Bank, for and in behalf of this Corporation, a sum not to exceed MAXIMU...
borrow money on behalf of the Company; lend any Company funds or other assets to any person or entity; establish any reserves for working capital repairs, replacements, improvements or any other purpose; confess a judgment against the Company; settle, compromise or release, discharge or pay any...
toArticle 17; (c) Todetermine thetravel itineraryandsite locationsfor the Prostatron(R) Mobile System or other Partnership technology; (d) Toborrow moneyfor any Partnership purpose (includingthe acquisitionof theAdditional Assets) and, if security is required therefor, tosubject toanysecurity ...
repurchase such Property from such Person); (b) obligations of such Person to pay the deferred purchase or acquisition price of Property or services, other than trade accounts payable (other than for borrowed money) arising, and accrued expenses incurred, in the ordinary course of business so lo...
3. The directors may exercise all the powers of the Company to borrow money and to mortgage or charge its undertakings, property and uncalled capital or any part thereof, to issue debentures, debenture stock and other securities whenever money is borrowed or as security for any debt, liability...
(including paper money) and foreign payment orders (including commercial instruments and bank deposit certificates, etc.). 11. "Senior Officers" means the members of the Directors of Board, the General Manager, the Deputy General Manager, the Chief Engineer and the Chief Accountant. 12. "ITSP"...
He thought that these people didn't really want to give their money away, that they only made these donations because they couldn’t take the money with them after death! So he had some very strong views about this. And he followed through on his beliefs! Because by the time he died ...
' I don't mind if people borrow my clothes, but I prefer that they ask first and that I get them back in the condition I lent them. Also, I'd like it if she would plan when she is spending the night so she could bring her own clothes, makeup, and food. As the saying goes,...
Meanwhile, CFO Lynn Anderson entered into a 3-year revolving credit facil- ity with the potential to borrow up to $75m from a group of lenders, providing a welcome liquidity cushion. Through the first three quarters of the year, Broadwing consumed only $19m in net cash for operations as...
(3) borrow money or give guarantees for any of the purposes of the Company and, from time to time without limitation as to amount, to draw, make, accept, endorse, execute and issue bills of exchange and other negotiable or non-negotiable instruments and evidences of indebtedness in accordance...