Authority to Release. I have the authority to release the claims which are released herein and no claims have been previously assigned to or are owned by any other person or entity.
Authority to Release. The Team Member must create, sign, execute or otherwise deal with any document which may be necessary to give effect to clause 8.1.
Authority to Release. Lenders irrevocably authorize Collateral Agent, at its option and in its discretion:
(i) to release any Encumbrance on any Property granted to or held by Collateral Agent under any Loan Document (x) upon termination of all commitments and payment in full of all Obligations (other than contingent indemnification obligations), (y) that is sold or otherwise disposed of or to be sold or otherwise disposed of as part of or in connection with any sale or other disposition permitted under the Loan Documents, or (z) if approved, authorized, or ratified in writing by the Required Lenders;
(ii) to subordinate any Encumbrance on any Property granted to or held by Collateral Agent under any Loan Document to the holder of any Encumbrance on such Property that is permitted by this Agreement; and
(iii) to release a Borrower from its liability for the Obligations if such Person ceases to be an Affiliate of the remaining Borrower(s) as a result of a transaction permitted under the Loan Documents.
Authority to Release. Create, sign, execute or otherwise deal with any document which may be necessary to give effect to paragraph 1.17.
Authority to Release. The Lenders hereby authorize the Administrative Agent, at its option and in its discretion, to release any Subsidiary Guarantor from its obligations under any of the Guarantees and release or subordinate any Lien granted to the Administrative Agent upon any Collateral (i) upon termination of the Commitments and payment and satisfaction of all of the Obligations at any time arising under or in respect of this Agreement or the Loan Documents and Hedging Agreements or the transactions contemplated hereby or thereby (which satisfaction, in the case of outstanding Letters of Credit, may take the form of a backstop letter of credit from an issuer acceptable to the Administrative Agent or cash collateral); (ii) in connection with any transaction which is permitted by this Agreement (including, without limitation, the permitted sale by the Company or any Subsidiary of one hundred percent (100%) of the Capital Stock of any Subsidiary Guarantor or Pledge Subsidiary owned by the Company and its Subsidiaries or a dissolution or liquidation of a Subsidiary Guarantor permitted by Section 7.3(B)(iii)), (iii) as required pursuant to Section 7.2(K) or Section 7.2(L) or (iv) if approved, authorized or ratified in writing by the Required Lenders, unless any such release is required to be approved by all of the Lenders hereunder. Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent’s authority to release particular Subsidiary Guarantors or types or items of Collateral pursuant to this Section 11.15(B).
Authority to Release. Avatech warrants and represents that it has the power and authority to release the Released Claims, and that it has not heretofore assigned or transferred or purported to assign or transfer to any third party any Released Claim.
Authority to Release. Employee hereby warrants that he has not assigned or transferred to any person any portion of any Claim that is released, waived, and discharged in Sections (a) or (b) above.
Authority to Release. Autodesk warrants and represents that it has the power and authority to release the Released Claims, and that it has not heretofore assigned or transferred or purported to assign or transfer to any third party any Released Claim.
Authority to Release. The Lenders hereby authorize the Administrative Agent, at its option and in its discretion, to release any Subsidiary Guarantor from its obligations under any of the Guarantees and release or subordinate any Lien granted to the Administrative Agent upon any Collateral (i) upon termination of the Commitments and payment and satisfaction of all of the Obligations at any time arising under or in respect of this Agreement or the Loan Documents and Hedging Agreements or the transactions contemplated hereby or thereby (which satisfaction, in the case of outstanding Letters of Credit, may take the form of a backstop letter of credit from an issuer acceptable to the Administrative Agent or cash collateral); (ii) in connection with any transaction which is permitted by this Agreement (including, without limitation, the permitted sale by the Company or any Subsidiary of one hundred percent (100%) of the Capital Stock of any Subsidiary Guarantor or Pledge Subsidiary owned by the Company and its Subsidiaries or a dissolution or liquidation of a Subsidiary Guarantor permitted by Section 7.3(B)(iii)), (iii) as required pursuant to Section 7.2(K) or Section 7.2(L) or (iv) if approved, authorized or ratified in writing by the Required Lenders, unless any such release is required to be approved by all of the Lenders hereunder. Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent’s authority to release particular Subsidiary Guarantors or types or items of Collateral pursuant to this Section 11.15(B). Notwithstanding the foregoing (a) on September 29, 2017, each of the Permitted Release Guarantors shall automatically be released from its obligations under its respective Guaranty, and all Liens granted by each Permitted Release Guarantor to the Administrative Agent upon any Collateral shall also be released and (b) as previously authorized pursuant to the Existing Credit Agreement, effective upon the merger of ArvinMeritor Sweden with and into Meritor HVS AB, with Meritor HVS AB as the surviving entity, ArvinMeritor Sweden shall automatically be released from its obligations under its respective Guaranty. The Administrative Agent is hereby authorized, without any further consent of the Lenders, to execute and deliver any required documents necessary to evidence such releases with respect to the Permitted Release Guarantors or ArvinMeritor Sweden.
Authority to Release. Owner and Renter hereby authorize Depositary to disburse the Deposit Funds in accordance with this Section 3, and each party irrevocably appoints Depositary its true and lawful attorney-in-fact and agent with full power and authority to act in its name and place in instructing Depositary to disburse the Deposit Funds accordingly. This limited power of attorney is coupled with an interest and is irrevocable. Depositary shall be entitled to rely on the veracity of the joint written instructions of the parties, or an arbitrator’s ruling, as received by Depositary, without further inquiry. The parties’ joint written instructions may be in the form of an electronically-signed mutual agreement via Depositary’s web interface. Disbursal of the Deposit Funds by Depositary in accordance with this Section 3 shall not preclude either Owner or Renter from making a claim against the other party for such Deposit Funds based on the terms and conditions of the Rental Agreement or applicable law, provided that Depositary shall have no liability in any such action.
