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    Secretary - S Certificate To Apply For A Loan or Credit Accommodation

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    Jen DC
    This document is a secretary's certificate authorizing a corporation to apply for a loan. It certifies that the board of directors of [Company Name] unanimously approved resolutions to: 1) Apply for a loan from [Bank/Financing Company] and authorize any two of the listed corporate officers to negotiate and apply for the loan. 2) Authorize any two of the listed corporate officers to convey corporate assets as security for the loan by signing mortgages, pledges, or other documents. 3) Give the authorized officers full power to sign contracts related to the loan, including its renewal or extension under additional or modified terms.

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    © All Rights Reserved
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    Secretary - S Certificate To Apply For A Loan or Credit Accommodation

    Uploaded by

    Jen DC
    122 views2 pages
    This document is a secretary's certificate authorizing a corporation to apply for a loan. It certifies that the board of directors of [Company Name] unanimously approved resolutions to: 1) Apply for a loan from [Bank/Financing Company] and authorize any two of the listed corporate officers to negotiate and apply for the loan. 2) Authorize any two of the listed corporate officers to convey corporate assets as security for the loan by signing mortgages, pledges, or other documents. 3) Give the authorized officers full power to sign contracts related to the loan, including its renewal or extension under additional or modified terms.

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    SECRETARY_S CERTIFICATE TO APPLY FOR A LOAN OR CREDIT ACCOMMODATION

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    This document is a secretary's certificate authorizing a corporation to apply for a loan. It certifies that the board of directors of [Company Name] unanimously approved resolutions to: 1) Apply for a loan from [Bank/Financing Company] and authorize any two of the listed corporate officers to negotiate and apply for the loan. 2) Authorize any two of the listed corporate officers to convey corporate assets as security for the loan by signing mortgages, pledges, or other documents. 3) Give the authorized officers full power to sign contracts related to the loan, including its renewal or extension under additional or modified terms.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    122 views2 pages

    Secretary - S Certificate To Apply For A Loan or Credit Accommodation

    Uploaded by

    Jen DC
    This document is a secretary's certificate authorizing a corporation to apply for a loan. It certifies that the board of directors of [Company Name] unanimously approved resolutions to: 1) Apply for a loan from [Bank/Financing Company] and authorize any two of the listed corporate officers to negotiate and apply for the loan. 2) Authorize any two of the listed corporate officers to convey corporate assets as security for the loan by signing mortgages, pledges, or other documents. 3) Give the authorized officers full power to sign contracts related to the loan, including its renewal or extension under additional or modified terms.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    SECRETARY’S CERTIFICATE TO APPLY FOR A LOAN/CREDIT

    ACCOMMODATION

    REPUBLIC OF THE PHILIPPINES)


    City/Municipality of______________) S.S.
    x--------------------------------------------x
    SECRETARY’S CERTIFICATE

    KNOW ALL MEN BY THESE PRESENTS:


    I, the undersigned Corporate Secretary of Name of Corporation, a domestic
    corporation duly organized and existing under and by virtue of the laws of the Republic of the
    Philippines, DO HEREBY CERTIFY that at a (regular/special) meeting of the Board of
    Directors of said corporation held at its principal office in ______________, Philippines
    on_____________, duly called for the purpose, a quorum being present and acted
    throughout, the following resolutions were unanimously adopted, and are now in full force and
    effect, to wit:
    “RESOLVED, that the Corporation shall apply for and secure a loan or credit
    accommodation from Name of Bank / Financing Company in such amounts and under such terms
    and conditions as the Officers authorized herein may deem appropriate and that any TWO of the
    following three corporate officers: the President ______________; the Vice-President
    _____________; or Corporate Secretary , be hereby authorized for and
    in behalf of the corporation to apply and negotiate for the said loan or credit accommodation
    with Name of Bank / Financing Company in such amounts and under such terms and conditions
    as they may deem proper, expedient and beneficial to the corporation.”
    “RESOLVED, FURTHER, that any TWO of the three corporate officer named herein be
    hereby authorized to convey to Name of Bank / Financing Company, by way of mortgage/
    pledge/assignment, any and all of the corporate assets of the corporation as security for the credit
    accommodation extended to the latter and to sign for and in the name of the corporation all
    mortgages, pledges/assignments and/or other instruments conveying such corporate properties to
    any person, bank or financing institution by way of security, including applications for loan,
    promissory notes, deeds of undertaking, and such other documents which may be required by the
    Bank in connection with the loan or credit accommodation; to negotiate for the renewal or
    extension of the loan accommodation and to accept all the additional or modified terms and
    conditions which Name of Bank / Financing Company may impose with full power and authority
    to sign all such contracts or documents embodying such additional or modified terms and
    conditions and to do such other acts necessary in furtherance of the foregoing authority.”
    IN WITNESS WHEREOF, I have hereunto affixed my signature this_______, day of__,
    2____ at__________, Philippines.
    CORPORATE SECRETARY:
    ATTESTED TO BY:
    PRESIDENT
    (JURAT)

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