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Board Of Directors' Resolution Approving Credit Line
BOARD OF DIRECTORS' RESOLUTION
APPROVING CREDIT LINE
Pursuant to a duly made and seconded motion, the Board of Directors of [Name of Corporation], hereinafter referred to as "Corporation", unanimously adopted the following resolution:
RESOLVED, that the President of this Corporation is hereby authorized to establish for and in behalf of the Corporation a revolving credit line in the sum of $ [Credit Line Amount] dollars, from the [Name of Bank], hereinafter referred to as "Bank", on the terms set out in the Revolving Credit Agreement prepared by said Bank and attached to the minutes of this meeting.
The undersigned, [Secretary of Corporation], certifies that he or she is the duly appointed Secretary of Corporation and that the above is a true and correct copy of a resolution duly adopted at a meeting of the directors thereof, convened and held in accordance with law and the Bylaws of said Corporation on [Date of resolution], and that such resolution is now in full force and effect.
IN WITNESS THEREOF, I have affixed my name as Secretary of [Name of Corporation] Corporation and have attached the seal of [Name of Corporation] Corporation to this resolution.
Dated: [Date signed]
Secretary