Certain Authorizations. Borrowers hereby authorize and direct Xxxxxxx Xxxxxx and Underlying Issuer to name any one or more of the Borrowers as the "Account Party" with respect to any Letter of Credit. Xxxxxxxxx also authorize Xxxxxxx Xxxxxx and Underlying Issuer to deliver to Agent all instruments, documents and other writings and Property received by Issuing Lender or Underlying Issuer pursuant to such Letter of Credit, and to accept and rely upon Agent's instructions and agreements with respect to all matters arising in connection with the Letter of Credit or the application therefor.
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Samples: Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co), Loan and Security Agreement (Century Aluminum Co)
Certain Authorizations. Borrowers hereby authorize and direct Xxxxxxx Xxxxxx Issuing Lender and Underlying Issuer to name any one or more of the Borrowers as the "Account Party" with respect to any Letter of Credit. Xxxxxxxxx Borrowers also authorize Xxxxxxx Xxxxxx Issuing Lender and Underlying Issuer to deliver to Agent all instruments, documents and other writings and Property received by Issuing Lender or Underlying Issuer pursuant to such Letter of Credit, and to accept and rely upon Agent's instructions and agreements with respect to all matters arising in connection with the Letter of Credit or the application therefor.
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