Minutes for a meeting of the board of directors of a company at which the entry into by the company of an unsecured or a secured facility agreement is approved, including approval of the facility agreement and any security documents
Use this document:
- for a meeting of the board of directors to approve the company entering into a facility agreement
- for a borrower which is a company incorporated in England and Wales
- for either an unsecured or a secured facility
Key features include:
- declaration of director’s interest in the facility agreement and security (if applicable)
- resolutions to approve the facility agreement and any security documents
- alternative wording depending on whether the facility is secured or unsecured and, if secured, to approve security documents
Alternative board minutes
For a form of board minutes to approve an unsecured or secured loan agreement, see Board minutes: borrower loan agreement.
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