This is a shareholders’ resolution, accepting the loan request of a director.
The resolution outlines the date of granting the loan, the repayment date of the loan, and records the decision to execute a loan agreement between the company and the director.
The resolution must fulfil all provisions mentioned in the memorandum of association.
The resolution shall comply with the laws and regulations of the company’s law.
The company and the director shall execute an agreement of the terms and conditions of this loan request.
Jurisdiction
This document is intended for use in the United Arab Emirates.
Before Execution
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