Common use of Borrower’s Instructions Clause in Contracts

Borrower’s Instructions. (a) The Bank may honor instructions for advances or repayments or for the designation of optional interest rates given, or purported to be given, by any one of the Authorized individuals. Such instructions may be given in writing or by telephone, telefax or internet and intranet websites designated by the Bank with respect to separate products or services offered by the Bank. The Bank’s obligation to act on such instructions is subject to the terms, conditions and procedures stated elsewhere in this Agreement.

Appears in 4 contracts

Samples: Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.)

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Borrower’s Instructions. (a) The Bank may honor instructions for advances or repayments or repayments, and may honor requests for the designation issuance of optional interest rates letters of credit, given, or purported to be given, by any one of the Authorized individualsIndividuals. Such instructions may be given in writing or by telephone, telefax or internet Internet and intranet websites designated by the Bank with respect to separate products or services offered by the Bank. The Bank’s obligation to act on such instructions is subject to the terms, conditions and procedures stated elsewhere in this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Technical Communications Corp), Loan Agreement (Vocus, Inc.)

Borrower’s Instructions. (a) The Bank may honor instructions for advances or repayments or for the designation of optional interest rates and may honor requests for the issuance of letters of credit given, or purported to be given, by any one of the Authorized individuals. Such Individuals, whether such instructions may be are given in writing or by telephone, telefax or internet Internet and intranet websites designated by the Bank with respect to separate products or services offered by the Bank. The Bank’s 's obligation to act on such instructions is subject to the terms, conditions and procedures stated elsewhere in this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Radiant Logistics, Inc)

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Borrower’s Instructions. (a) The Bank may honor instructions for advances or repayments or for the designation of optional interest rates given, or purported to be given, by any one of the Authorized individualsIndividuals. Such instructions may be given in writing or by telephone, telefax or internet Internet and intranet websites designated by the Bank with respect to separate products or services offered by the Bank. The Bank’s 's obligation to act on such instructions is subject to the terms, conditions and procedures stated elsewhere in this Agreement.

Appears in 1 contract

Samples: Loan Agreement (American Shared Hospital Services)

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