Common use of Authority of Guarantors or Borrower Clause in Contracts

Authority of Guarantors or Borrower. It is not necessary for the enforcement of this Article 7 for any Beneficiary to inquire into the capacity or powers of any Guarantor or the Borrower or the officers, directors or any agents acting or purporting to act on behalf of any of them.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)

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Authority of Guarantors or Borrower. It is not necessary for the enforcement of this Article Section 7 for any Beneficiary to inquire into the capacity or powers of any Guarantor or the Borrower or the officers, directors or any agents acting or purporting to act on behalf of any of them.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

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Authority of Guarantors or Borrower. It is not necessary for the enforcement of this Article Section 7 for any Beneficiary to inquire into the capacity or powers of any Guarantor or the Borrower or the officers, directors or any agents acting or purporting to act on behalf of any of them.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

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