Common use of Authorization and Instruction to Issuers Clause in Contracts

Authorization and Instruction to Issuers. Each Pledgor and Richxxxxxx xxxeby authorizes and instructs Pierre Foods, its successors and assigns, to comply with any instruction received by it from the Agent or Pledgee in writing that (a) states that an Event of Default has occurred and is continuing and (b) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor or Richxxxxxx, xxd the Pledgor and Richxxxxxx xxxee that Pierre Foods, its successor and assigns, shall be fully protected in so complying.

Authorization and Instruction to Issuers. Each Pledgor of PFM and Richxxxxxx xxxeby authorizes and instructs Pierre Foods, its successors and assigns, to comply with any instruction received by it from the Agent or the Pledgee in writing that (a) states that an Event of Default has occurred and is continuing and (b) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor PFM or Richxxxxxx, xxd the Pledgor PFM and Richxxxxxx xxxee that Pierre Foods, its successor and assigns, shall be fully protected in so complying.