Common use of Borrowing Powers Clause in Contracts

Borrowing Powers. The Directors may exercise all the powers of the Company to borrow or raise money and to mortgage or charge its undertaking, property, assets, and uncalled capital or any part thereof subject to Part III of the 1983 Act and to issue debentures, debenture stock and other securities whether outright or as collateral security for any debt, liability or obligation of the Company or of any third party, without any limitation as to amount.

Appears in 5 contracts

Sources: Memorandum and Articles of Association (Ryanair Holdings PLC), Deposit Agreement (Ryanair Holdings PLC), Memorandum and Articles of Association (Trintech Group PLC)

Borrowing Powers. The Directors may exercise all the powers of the Company to borrow or raise money and to mortgage hypothecate, mortgage, charge or charge pledge its undertaking, property, assets, and uncalled capital assets or any part thereof subject to Part III of the 1983 Act thereof, and to issue debentures, debenture stock and or other securities securities, whether outright or as collateral security for any debt, debt liability or obligation of the Company or of any third party, without any limitation as to amount.

Appears in 2 contracts

Sources: Business Combination Agreement (Namib Minerals), Business Combination Agreement (Prenetics Global LTD)

Borrowing Powers. The Directors may without any limitation as to amount exercise all the powers of the Company to borrow or raise money money, and to mortgage or charge its undertaking, property, assets, property and uncalled capital or any part thereof thereof, and subject to Part III section 20 of the 1983 Act and to issue debentures, debentures debenture stock and other securities securities, whether outright or as collateral security for any debt, liability or obligation of the Company or of any third party, without any limitation as to amount.

Appears in 1 contract

Sources: Acquisition Agreement (Allied Irish Banks PLC)

Borrowing Powers. The Directors may exercise all the powers of the Company to borrow or raise money money, to give guarantees and to mortgage or charge its the undertaking, property, assets, property and uncalled capital or any part thereof subject to Part III of the 1983 Act Company and to issue debentures, debenture stock debentures and other securities securities, whether outright or as collateral security for any debt, liability or obligation of the Company or of any third party, without any limitation as to amount.. Directors' Interests --------------------

Appears in 1 contract

Sources: Restructuring Agreement (Geron Corp)

Borrowing Powers. The Directors may exercise all the powers of the Company to borrow or raise money without limit as to the amount and upon such terms and in such manner as they think fit, and to mortgage grant any mortgage, charge or charge standard security over its undertaking, property, assets, property and uncalled capital capital, or any part thereof thereof, and, subject (in the case of any security convertible into shares) to Part III Sections 80 and 380 of the 1983 Act and to issue debentures, debenture stock stock, and other securities whether outright or as collateral security for any debt, liability or obligation of the Company or of any third party, without any limitation as to amount.

Appears in 1 contract

Sources: Joint Venture Agreement (Movado Group Inc)

Borrowing Powers. The Directors may exercise all the powers of the Company to borrow or raise money and to mortgage or charge its undertaking, property, assets, and uncalled capital or any part thereof and subject to Part III of the 1983 Act and to issue debentures, debenture stock and other securities whether outright or as collateral security for any debt, liability or obligation of the Company or of any third party, without any limitation as to amount.

Appears in 1 contract

Sources: Transaction Agreement (Chiquita Brands International Inc)

Borrowing Powers. The Directors may exercise all the powers of the Company to borrow or raise money money, to give guarantees and to mortgage or charge its the undertaking, property, assets, property and uncalled capital or any part thereof subject to Part III of the 1983 Act Company and to issue debentures, debenture stock debentures and other securities securities, whether outright or as collateral security for any debt, liability or obligation of the Company or of any third party, without any limitation as to amount.

Appears in 1 contract

Sources: Joint Venture Agreement (Geron Corporation)