Property & Real Estate
1 Definitions and interpretation
1.1 In this Agreement, unless the context requires otherwise:
1.1.1 Agreement means this Loan Agreement;
1.1.2 Borrower means [insert name];
1.1.3 Lender means [insert name];
1.1.4 Building Contract means the written agreement entitled [insert name of contract] [entered into OR to be entered into] between the Borrower and [insert name of Contractor] on or about [insert date];
Certified copies of the resolutions of the Borrower:
· approving the terms of, and the transactions contemplated by, the Finance Documents to which it is a party and resolving to execute those Finance Documents to which it is a party;
· authorising a specified person or persons to execute the Finance Documents to which it is a party on its behalf;
· authorising a specified person or persons, on its behalf, to sign and/or despatch all documents and notices to be signed and/or despatched by it under or in connection with the Finance Documents to which it is a party; and
in respect of the Borrower, authorising specified persons, on its behalf, to sign and/or despatch all documents and notices to be signed and/or despatched by it under or in connection with each notice of drawdown (as defined in each Facility Agreement).