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Board Minutes – Resolution Authorizing Execution Guarantee

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Board Minutes – Resolution Authorizing Execution Guarantee

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Basic Info

  • Applicable Region UAE
  • Available Languages
    English & Arabic
  • Document No 0000809
  • Version V 1.0
  • Last Updated 03-20-2024
  • Reviews 0
Document Summary

This resolution records the board of directors’ approval of the company acting as a guarantor for a debt.

Description

The resolution must specify the amount to be guaranteed, the corporate benefit of such guarantee arrangement, and the authorized signatory of the guarantee instrument.

Jurisdiction

This document is intended for use in the United Arab Emirates.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Before Execution

  • The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
  • Please delete this front page together with the information contained in the headers, footers, and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
  • Please remove the square brackets and all highlighting prior to signature.

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