Common use of Borrowers' Representatives Clause in Contracts

Borrowers' Representatives. (a) Borrower: Lender is hereby irrevocably authorized by Borrower and GSE to make advances under the Revolving Loan to Borrower pursuant to the provisions of this Agreement upon the written, oral or telephone request of any one or more of the Persons who is from time to time a Responsible Officer of Borrower under the provisions of the most recent certificate of corporate resolutions and/or incumbency of Borrower on file with Lender. Lender assumes no responsibility or liability for any errors, mistakes, and/or discrepancies in the oral, telephonic, written or other transmissions of any instructions, orders, requests and confirmations delivered by Borrower to Lender in connection with the Credit Facilities, any advance of the Revolving Loan, any Letter of Credit or any other transaction in connection with the provisions of this Agreement.

Appears in 2 contracts

Samples: Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gse Systems Inc)

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Borrowers' Representatives. (a) Borrower: Lender is The Borrower hereby irrevocably authorized by Borrower and GSE authorizes each of the Lenders to make advances under the Revolving Loan to Borrower Loans pursuant to the provisions of this Agreement upon the written, oral or telephone request of any one or more of the Persons who is from time to time a Responsible Officer of the Borrower under the provisions of the most recent certificate of corporate resolutions and/or incumbency of the Borrower on file with Lenderthe Agent. Lender Neither the Agent nor any of the Lenders assumes no any responsibility or liability for any errors, mistakes, and/or discrepancies in the oral, telephonic, written or other transmissions of any instructions, orders, requests and confirmations delivered by between the Agent and the Borrower to Lender or the Agent and any of the Lenders in connection with the Credit Facilities, any advance of the Revolving Loan, any Letter of Credit other Revolver Usage or any other transaction in connection with the provisions of this Agreement.

Appears in 1 contract

Samples: Financing and Security Agreement (Dcap Group Inc)

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Borrowers' Representatives. (a) Borrower: Lender is The Borrower hereby irrevocably authorized by Borrower and GSE authorizes each of the Lenders to make advances under the Revolving Loan to Borrower Loans pursuant to the provisions of this Agreement upon the written, oral or telephone request of any one or more of the Persons who is from time to time a Responsible Officer of the Borrower under the provisions of the most recent certificate of corporate resolutions and/or incumbency of the Borrower on file with Lenderthe Agent. Lender Neither the Agent nor any of the Lenders assumes no any responsibility or liability for any errors, mistakes, and/or discrepancies in the oral, telephonic, written or other transmissions of any instructions, orders, requests and confirmations delivered by between the Agent and the Borrower to Lender or the Agent and any of the Lenders in connection with the Credit Facilities, any advance of the Revolving Loan, any Letter of Credit Revolver Usage or any other transaction in connection with the provisions of this Agreement.

Appears in 1 contract

Samples: Financing and Security Agreement (Dcap Group Inc)

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