Common use of Authority of Guarantors or Borrowers Clause in Contracts

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

Appears in 36 contracts

Samples: Credit and Guaranty Agreement (Ladder Capital Corp), Credit and Guaranty Agreement and Pledge and Security Agreement (Lannett Co Inc), Credit and Guaranty Agreement (Lannett Co Inc)

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

Appears in 7 contracts

Samples: Asset Based Revolving Credit Agreement (Alpha Metallurgical Resources, Inc.), Asset Based Revolving Credit Agreement (Warrior Met Coal, Inc.), Asset Based Revolving Credit Agreement (Contura Energy, Inc.)

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

Appears in 7 contracts

Samples: Loan, Security and Guarantee Agreement (National CineMedia, Inc.), Loan and Security Agreement (U.S. Concrete, Inc.), Loan, Security and Guarantee Agreement (Applied Optoelectronics, Inc.)

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

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (1847 Goedeker Inc.), Amendment Agreement (Education Management Corporation), Credit Agreement (Education Management Corporation)

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

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Pattern Energy Group Inc.), Credit and Guaranty Agreement (Pattern Energy Group Inc.), Credit and Guaranty Agreement (Pattern Energy Group Inc.)

Authority of Guarantors or Borrowers. It is not necessary for Administrative Agent or any Beneficiary Lender to inquire into the capacity or powers of any Guarantor or any Borrower or the officers, directors or any agents acting or purporting to act on behalf of any of them.

Appears in 4 contracts

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

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

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (AVG Technologies N.V.), First Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.), First Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.)

Authority of Guarantors or Borrowers. It is not necessary for the Administrative Agent or any Beneficiary other Secured Party to inquire into the capacity or powers of any Guarantor or any the Borrower or the any 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 (U.S. Concrete, Inc.), Credit and Guaranty Agreement (U.S. Concrete, Inc.)

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

Appears in 2 contracts

Samples: Loan Agreement (Par Pacific Holdings, Inc.), Guaranty (Spelling Entertainment Group Inc)

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

Appears in 2 contracts

Samples: Financing Agreement (Biohaven Pharmaceutical Holding Co Ltd.), Financing Agreement (Biohaven Pharmaceutical Holding Co Ltd.)

Authority of Guarantors or Borrowers. It is not necessary for any Beneficiary to inquire into the capacity or powers of any Guarantor or any 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 (Castle a M & Co)

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

Appears in 1 contract

Samples: Purchase Agreement (Prommis Solutions Holding Corp.)

Authority of Guarantors or Borrowers. It is not necessary for any Beneficiary the Lender to inquire into the capacity or powers of any Guarantor or any Borrower the Borrowers or the officers, directors members of the Board of Directors or any agents acting or purporting to act on behalf of any of them.

Appears in 1 contract

Samples: Delayed Draw Term Loan Credit and Guaranty Agreement (Varex Imaging Corp)

Authority of Guarantors or Borrowers. It is not necessary for any Beneficiary to inquire into the capacity or powers of any Guarantor or any Borrower the Borrowers or the officers, directors members of the Board of Directors or any agents acting or purporting to act on behalf of any of them.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Varex Imaging Corp)

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