Agent’s certificates and approvals Sample Clauses
The 'Agent’s certificates and approvals' clause defines the authority and process by which an agent can issue certificates or grant approvals on behalf of the parties involved in an agreement. Typically, this clause outlines the circumstances under which the agent’s confirmation or consent is required, such as verifying compliance with contractual obligations or approving certain actions or documents. By centralizing decision-making and verification with the agent, this clause streamlines administrative processes and ensures that approvals are consistently managed, reducing the risk of disputes over whether proper authorization was obtained.
Agent’s certificates and approvals. (a) A certificate signed by any Officer of the Agent in relation to any amount, calculation or payment under any Transaction Document is sufficient evidence of that amount, calculation or payment unless the contrary is proved.
(b) Where any provision of a Transaction Document requires the Agent’s approval, that approval will not be effective unless and until it is provided in writing.
Agent’s certificates and approvals. (a) A certificate signed by any Authorised Officer of the Mezzanine Agent in relation to any amount, calculation or payment under any Mezzanine Finance Document is sufficient evidence of that amount, calculation or payment unless the contrary is proved.
(b) Where any provision of a Mezzanine Finance Document requires the Mezzanine Agent’s approval, that approval will not be effective unless and until it is provided in writing.