Common use of Actions of Lender Clause in Contracts

Actions of Lender. The Lender shall be entitled to rely, and shall be fully protected in relying, upon a Standby Letter of Credit and any draft, writing, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy, telex or teletype message, statement, order or other document believed by it to be genuine and correct and to have been signed, sent or made by the proper person or persons, and upon advice and statements of legal counsel, independent accountants and other advisors selected by the Lender;

Appears in 2 contracts

Samples: Loan Agreement (Us 1 Industries Inc), Loan Agreement (Us 1 Industries Inc)

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Actions of Lender. The Lender shall be entitled to rely, and shall be fully protected in relying, upon a Standby Letter of Credit and any Facility LC, draft, writing, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy, telex or teletype message, statement, order or other document believed by it to be genuine and correct and to have been signed, sent or made by the proper person Person or personsPersons, and upon advice and statements of legal counsel, independent accountants and other advisors experts selected by the Lender;.

Appears in 2 contracts

Samples: Credit Agreement (Airnet Systems Inc), Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes)

Actions of Lender. The Lender shall be entitled to rely, and shall be fully protected in relying, upon a Standby Letter of Credit and any Facility LC, draft, writing, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy, telex or teletype message, statement, order or other document believed by it to be genuine and correct and to have been signed, sent or made by the proper person Person or personsPersons, and upon advice and statements of legal counsel, independent accountants and other advisors experts selected by the Lender;.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Addvantage Technologies Group Inc), Credit Agreement (Nesco Inc/Ok)

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Actions of Lender. The Lender shall be entitled to rely, and shall be fully protected in relying, upon a Standby Letter of Credit and any Facility LC, draft, writing, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopyfacsimile, telex telex, teletype or teletype electronic mail message, statement, order or other document believed by it to be genuine and correct and to have been signed, sent or made by the proper person Person or personsPersons, and upon advice and statements of legal counsel, independent accountants and other advisors experts selected by the Lender;.

Appears in 1 contract

Samples: Credit Agreement (Daktronics Inc /Sd/)

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