Common use of Authority of Guarantors or the Borrowers Clause in Contracts

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

Appears in 8 contracts

Samples: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), Credit and Guaranty Agreement (Corsair Gaming, Inc.), Second Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.)

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

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (Ascend Wellness Holdings, LLC), Pledge and Security Agreement (Fairmount Santrol Holdings Inc.), Credit and Guaranty Agreement (Fmsa Holdings Inc)

Authority of Guarantors or the 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, members of the Board of Directors directors or any agents acting or purporting to act on behalf of any of them.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Amedisys Inc), Credit and Guaranty Agreement (International Steel Group Inc)

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Authority of Guarantors or the 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, 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: Credit and Guaranty Agreement (NRC Group Holdings Corp.)

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