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Board Resolution to Restructure Bank Loan in Kenya

Institution: General

Course: Business

Content Category: Legal Documents and Forms

Posted By: raphael

Document Type: DOCX

Number of Pages: 2

Price: KES 50
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Views: 488     Downloads: 2

Summary

A board resolution to restructure a bank loan is a formal decision made by a company's board of directors to initiate the process of modifying the terms and conditions of an existing loan agreement with a bank. The resolution outlines the intention of the company to negotiate with the bank in order to restructure the loan to better suit the company's financial situation and ensure sustainable repayment.

Here please find a sample template for board resolution to restructure a bank loan in Kenya.
You can use the template and update is to suit your requirements.
The template is in Ms Word format and fully editable.

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