Common use of Certificates of Authorized Persons Clause in Contracts

Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Written Instructions of such present Authorized Persons.

Appears in 7 contracts

Samples: Indemnification Collateral Account Security and Control Agreement (Metlife Inc), Coordination Agreement (American International Group Inc), Master Transaction Agreement (American International Group Inc)

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Certificates of Authorized Persons. The Secured Party Representative and the Pledgor agree to furnish to the Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate of Authorized Persons is received, the Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon the Written Instructions of such present Authorized Persons.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc)

Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Oral Instructions and Written Instructions of such the then present Authorized Persons.

Appears in 3 contracts

Samples: Derivative Agreement, Isda Master Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Written Instructions of such present Authorized Persons.

Appears in 3 contracts

Samples: Master Transaction Agreement (Radian Group Inc), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Credit Agreement (Mercury General Corp)

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Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Written Instructions of such the then present Authorized Persons.

Appears in 2 contracts

Samples: Collateral Account Control Agreement (Guggenheim Taxable Municipal Managed Duration Trust), Collateral Account Control Agreement (Advent Claymore Convertible Securities & Income Fund)

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