Appointment of the Borrower as Agent for the Grantors. Each Grantor hereby irrevocably appoints and authorizes the Borrower to act as its agent for service of process and notices required to be delivered under this Agreement or under the other Loan Documents, it being understood and agreed that receipt by the Borrower of any summons, notice or other similar item shall be deemed effective receipt by each Grantor and its Subsidiaries.
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Samples: Collateral Agreement (National Instruments Corp), Collateral Agreement (National Instruments Corp), Collateral Agreement (American Woodmark Corp)
Appointment of the Borrower as Agent for the Grantors. Each Grantor hereby irrevocably appoints and authorizes the Borrower Borrowers’ Agent to act as its agent for service of process and notices required to be delivered under this Agreement or under the other Loan Documents, it being understood and agreed that receipt by the Borrower Borrowers’ Agent of any summons, notice or other similar item shall be deemed effective receipt by each Grantor and its Subsidiaries.
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