Common use of Applicant Status Clause in Contracts

Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "account party" or "customer" at whose request and on whose instruction and for those account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue for any injunction against honor of any Credit.

Appears in 2 contracts

Samples: Credit Agreement (Golfsmith International Holdings Inc), Credit Agreement (Brightpoint Inc)

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Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "account party" or "customer" at whose request and on whose instruction and for those account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue xxx for any injunction against honor of any Credit.

Appears in 2 contracts

Samples: Letter of Credit Agreement (Labor Ready Inc), Master Agreement for Standby Letters of Credit (Coyne International Enterprises Corp)

Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "” “account party" or "customer" at whose request and on whose instruction and for those account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue xxx for any injunction against honor of any Credit.

Appears in 1 contract

Samples: Master Agreement for Standby Letters of Credit (Talbots Inc)

Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "” “account party" or "customer" at whose request and on whose instruction and for those account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue sxx for any injunction against honor of any Credit.

Appears in 1 contract

Samples: Credit Agreement (Centerplate, Inc.)

Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and/or its subsidiaries and affiliates and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "account party" or "customer" at whose request and on whose instruction and for those whose account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue xxx for any injunction against honor of any Credit.

Appears in 1 contract

Samples: Master Agreement for Standby Letters of Credit (Scott Technologies Inc)

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Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "account party" or "customer" at whose request and on whose instruction and for those whose account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital Issuer to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue xxx for any injunction against honor of any Credit.

Appears in 1 contract

Samples: Master Agreement for Standby Letters of Credit (Ddi Corp)

Applicant Status. The person identified in this Agreement as Applicant represents and warrants, except as otherwise provided in this Agreement, that: (a) it acts for itself and for no other person in requesting issuance of each Credit for its account; (b) it may be identified in each Credit as the "applicant," "” “account party" or "customer" at whose request and on whose instruction and for those whose account the Credit is issued; (c) it alone (acting through its officers) may authorize GE Capital Issuer to issue, amend, pay, or otherwise act under any Credit; and (d) it alone has standing to enforce this Agreement or otherwise to assert the rights and remedies of an applicant, including without limitation, to sue xxx for any injunction against honor of any Credit.

Appears in 1 contract

Samples: Master Agreement for Standby Letters of Credit (Ddi Corp)

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