Common use of Checks; Drafts; Evidences of Indebtedness Clause in Contracts

Checks; Drafts; Evidences of Indebtedness. From time to time, the Board of Directors shall determine the method, and designate (or authorize officers of the Corporation to designate) the person or persons who shall have authority, to sign or endorse all checks, drafts, other orders for payment of money and notes, bonds, debentures or other evidences of indebtedness that are issued in the name of or payable by the Corporation, and only the persons so authorized shall sign or endorse such instruments.

Checks; Drafts; Evidences of Indebtedness. From time to time, the Board of Directors shall determine the method, and designate (or authorize officers of the Corporation to designate) the by resolution which person or persons who shall have authority, to may sign or endorse all checks, drafts, other orders for payment of money and notesmoney, bonds, debentures notes or other evidences of indebtedness that are issued in the name of or payable by to the Corporationcorporation, and only the persons so authorized shall sign or endorse such those instruments.

Checks; Drafts; Evidences of Indebtedness. From time to time, the Board of Directors shall determine the method, and designate (or authorize officers of the Corporation to designate) the by resolution which person or persons who shall have authority, to may sign or endorse all checks, drafts, other orders for payment of money and notesmoney, bonds, debentures notes or other evidences of indebtedness that are issued in the name of or payable by to the Corporationcorporation, and only the persons so authorized shall sign or endorse those instruments. The Board of Directors may delegate to an office the authority to make such instrumentsdeterminations and authorizations.