Common use of Certain Rights of Collateral Agent Clause in Contracts

Certain Rights of Collateral Agent. The Collateral Agent may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Rotech Healthcare Inc), Term Loan Credit Agreement (Rotech Healthcare Inc)

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Certain Rights of Collateral Agent. The Except as otherwise provided in Section 6.01: (a) the Collateral Agent may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties.; (b) any request or direction of the Borrower mentioned herein shall be sufficiently evidenced by a Borrower Notice or Borrower Order;

Appears in 1 contract

Samples: Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Certain Rights of Collateral Agent. The Except as otherwise provided in Section 6.01: (a) the Collateral Agent may conclusively rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties.; (b) any request or direction of the Borrower mentioned herein shall be sufficiently evidenced by a Borrower Notice or Borrower Order;

Appears in 1 contract

Samples: Pledge Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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