Common use of Authorized Representative Clause in Contracts

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx as their authorized representative (“Authorized Representative”) for purposes of dealing with Lender on behalf of Borrowers in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of Borrowers. All actions by the Authorized Representative shall be final and binding on Borrowers. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 3 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

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Authorized Representative. Borrowers hereby appoint Xxxx Xxxxxxxxxx Xxxxxx X. Xxxxxxx, Senior Vice President of Borrowers, as their authorized representative (“Authorized Representative”) for purposes of dealing with Lender Agent on behalf of Borrowers in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of Borrowers. All actions by the Authorized Representative shall be final and binding on Borrowers. Lender The Lenders may rely on the authority given to the Authorized Representative until actual receipt by Lender Agent on behalf the Lenders of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 2 contracts

Samples: Secured Loan Agreement, Secured Loan Agreement (CNL Healthcare Properties, Inc.)

Authorized Representative. Borrowers hereby appoint Xxxx Xxxxxxxxxx Xxxxxx X. Xxxxx, Vice President of Borrowers, as their authorized representative (“Authorized Representative”) for purposes of dealing with Lender on behalf of Borrowers in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of Borrowers. All actions by the Authorized Representative shall be final and binding on Borrowers. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.. ARTICLE 17

Appears in 2 contracts

Samples: Secured Loan Agreement, Secured Loan Agreement (CNL Healthcare Trust, Inc.)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints XXXXXXX X. XXXXXX or XXXXX XXXXXX as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any an other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 2 contracts

Samples: Construction Loan Agreement (American Leisure Holdings, Inc.), Loan Agreement (American Leisure Holdings, Inc.)

Authorized Representative. Borrowers appoint Borrower hereby appoints Xxxx Xxxxxxxxxx as their its authorized representative (“Authorized Representative”) for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 2 contracts

Samples: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

Authorized Representative. Borrowers hereby appoint Xxxx Xxxxxxxxxx Xxxxxx X. Xxxxx, Vice President of Borrowers, as their authorized representative (“Authorized Representative”) for purposes of dealing with Lender on behalf of Borrowers in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of Borrowers. All actions by the Authorized Representative shall be final and binding on Borrowers. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 2 contracts

Samples: Secured Loan Agreement (CNL Healthcare Trust, Inc.), Secured Loan Agreement (CNL Healthcare Trust, Inc.)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Xxxxxxx Xxxxxxx as their its authorized representative (“Authorized Representative”) for purposes of dealing with Lender Agent on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Agent and Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender Agent of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Loan Agreement (NNN Healthcare/Office REIT, Inc.)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Xxxxxx X. Xxxxxx, Xx. as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Loan Agreement (Ameris Bancorp)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Xxxxxxx X. Xxxxx as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Loan Agreement (CenterState Banks, Inc.)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Xxxxxx X. Xxxxxxx as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. Borrower may appoint a successor Authorized Representative by providing prior written notice of such appointment to Lender. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one on person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

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Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Xxxxxxx Xxxxxx as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan D-2211837_5 29 Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Loan Agreement (Intermountain Community Bancorp)

Authorized Representative. Borrowers appoint Each Borrower hereby appoints the Chief Financial Officer of Parent (Xxxxxx X. Xxxx Xxxxxxxxxx as their authorized representative (of the Loan Opening Date) as its “Authorized Representative”) for purposes of dealing with Lender on behalf of Borrowers such Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on Borrowers. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Secured Loan Agreement (Adcare Health Systems, Inc)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Xxxxx X. Xxxxxx as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Loan Agreement (YADKIN FINANCIAL Corp)

Authorized Representative. Borrowers appoint Xxxx Xxxxxxxxxx Borrower hereby appoints Robert A. Behar, M.D., as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with xx xxxxxxx xxxh Lender on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other another action on behalf of BorrowersBorrower. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender and Lender may rely on the authority given to the Authorized Representative until actual receipt by Lender of a duly authorized resolution substituting a different person as the Authorized Representative. No more than one person shall serve as Authorized Representative at any given time.

Appears in 1 contract

Samples: Construction Loan Agreement (Medical Properties Trust Inc)

Authorized Representative. Borrowers appoint Borrower hereby appoints Xxxx Xxxxxxxxxx XxXxxxxx as their authorized representative (“its Authorized Representative”) Representative for purposes of dealing with Lender Xxxxxx on behalf of Borrowers Borrower in respect of any and all matters in connection with this Agreement, the other Loan Documents, and the Loan. The Authorized Representative shall have the power, in his discretion, to give and receive all notices, monies, approvals, and other documents and instruments, and to take any other action on behalf of BorrowersXxxxxxxx. All actions by the Authorized Representative shall be final and binding on BorrowersBorrower. Lender Xxxxxx may rely on the authority given to the Authorized Representative until actual receipt by Lender Xxxxxx of a duly authorized resolution substituting a different person as the Authorized Representative. No Representative or Authorized Representatives provided, no more than one person two persons shall serve as Authorized Representative Representatives at any given time.

Appears in 1 contract

Samples: Loan Agreement (Nexpoint Diversified Real Estate Trust)

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