template

Borrower Board Meeting Minutes To Approve A Loan Agreement

by
Genie Team
Genie Team
Oct, 03 2022

When to use this template

These borrower board minutes approving the signing of a facility agreement are consistent with the facility agreement in question.

Key issues covered in this template

  • Approval of performance
  • Authorised signatories
  • Company's obligations
  • Director authority
  • Draft document
  • Entering into agreements
  • Related documents
  • Resolved to enter into the transaction
  • Signing authority
  • Voting restrictions for interested directors
  • N/A

What to watch out for

Optional wording has been included to cater for syndicated finance arrangements.

6

Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

M
V
T
R
M
Legal Services
33%
Technology
12%
Other
11%
Consultancy
11%
Finance
11%
Consumer, Public & Health Services
11%
Retail
11%

Terms of use

This is not legal advice - see more
Genie AI terms and conditions
Code of conduct

Additional information

Business categories

Finance

Business activities

Lend or borrow a loan

Contract type

Board minutes

Relevant sectors

Agriculture, Forestry and Fishing

Mining

Construction

Transport

Wholesale

Manufacturing

Energy

Retail

Finance

Real Estate

Consumer, Public & Health Services

Media

Insurance

Legal Services

Education

Technology

Sport & Entertainment

Consultancy

Public Administration

Other

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes