4Notices. If Borrowers request, convert or continue Loans, select interest rates or transfer funds based on telephonic or electronic instructions to Agent, Borrowers shall confirm the request by prompt delivery to Agent of a Notice of Borrowing or Notice of Conversion/Continuation, as applicable. Agent and Lenders are not liable for any loss suffered by a Borrower as a result of Agent or a Lender acting on its understanding of telephonic or electronic instructions from a person believed in good faith to be authorized to give instructions on a Borrower’s behalf.
Appears in 2 contracts
Samples: Loan, Security and Guaranty Agreement (Helix Energy Solutions Group Inc), Loan, Security and Guaranty Agreement (Helix Energy Solutions Group Inc)
4Notices. If Borrowers request, convert or continue Loans, select interest rates or transfer funds based on telephonic or electronic instructions to Agent, Borrowers shall confirm the request by prompt delivery to Agent of a Notice of Borrowing or Notice of Conversion/Continuation, as applicable. Agent and Lenders are not liable for any loss suffered by a Borrower as a result of Agent or a Lender acting on its understanding of telephonic or electronic instructions from a person believed in good faith to be authorized to give instructions on a BorrowerXxxxxxxx’s behalf.
Appears in 1 contract
Samples: Security and Guaranty Agreement (Helix Energy Solutions Group Inc)
4Notices. If Borrowers request, convert or continue Loans, select interest rates or transfer funds based on telephonic or electronic instructions to Agent, Borrowers shall confirm the each such request by prompt delivery to Agent of a Notice of Borrowing or Notice of Conversion/Continuation, as applicable. Neither Agent and Lenders are not liable nor any Lender shall have any liability for any loss suffered by a Borrower as a result of Agent or a any Lender acting on upon its understanding of telephonic or electronic instructions from a person believed in good faith to be authorized to give such instructions on a Borrower’s behalf.
Appears in 1 contract
4Notices. If Borrowers request, convert or continue Loans, select interest rates or transfer funds based on telephonic or electronic instructions to Agent, Borrowers shall confirm the each such request by prompt delivery to Agent of a Notice of Borrowing or Notice of Conversion/Continuation, as applicable. Neither Agent and Lenders are not liable nor any Lender shall have any liability for any loss suffered by a Borrower as a result of Agent or a any Lender acting on upon its understanding of telephonic or electronic instructions from a person believed in good faith to be authorized to give such instructions on a BorrowerXxxxxxxx’s behalf..
Appears in 1 contract
Samples: Loan and Security Agreement (Adara Acquisition Corp.)
