Confirmation of Authority Sample Clauses

Confirmation of Authority. Execution of Releases. Without in ------------------------------------------------ any manner limiting Agent's authority to act without any specific or further authorization of Lenders or with the consent by Requisite Lenders or with the consent of less than all Lenders (as set forth in subsection 9.2(H)(1)), each Lender agrees to confirm in writing, upon request by Borrower, the authority to release any property covered by this Agreement or the Loan Documents conferred upon Agent under subsections 9.2(H)(1)(a) and (b). So long as no Event of Default is then continuing, upon receipt by Agent of confirmation from the Requisite Lenders or from the requisite percentage of Lenders specifically required by subsection 9.2(H)(1)(b), as the case may be, of its authority to release any particular item or types of property covered by this Agreement or the Loan Documents, and upon at least five (5) Business Days prior written request by Borrower, Agent shall (and is hereby irrevocably authorized by Lenders to) execute such documents as may be necessary to evidence the release of the Liens granted to Agent for the benefit of Lenders herein or pursuant hereto upon such collateral; provided, however, that (i) Agent shall not be -------- ------- required to execute any such document on terms which, in Agent's opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in manner discharge, affect or impair the Obligations or any Liens upon (or obligations of any Loan Party, in respect of), all interests retained by any Loan Party, including (without limitation) the proceeds of any sale, all of which shall continue to constitute part of the property covered by this Agreement or the Loan Documents.
AutoNDA by SimpleDocs
Confirmation of Authority. Execution of Releases. Without in any manner limiting any Agent's authority to act without any specific or further authorization or consent by Lenders (as set forth in Section 8.2(h)(i)), each Lender agrees to confirm in writing, upon request by any Authorized Agent or any Borrower Representative, the authority to release any Collateral conferred upon such Agent under clauses (x) and (y) of Section 8.2(h)(i). Upon receipt by any Authorized Agent of any required confirmation from the Requisite Lenders of its authority to release any particular item or types of Collateral, and upon at least ten (10) Business Days' prior written request by Appropriate Borrower Representative, such Agent shall (and is hereby irrevocably authorized by Lenders to) execute such documents as may be necessary to evidence the release of the Liens granted to such Agent upon such Collateral; provided, however, 81 that (x) such Agent shall not be required to execute any such document on terms which, in such Agent's opinion, would expose such Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (y) such release shall not in any manner discharge, affect or impair the Obligations or any Liens upon (or obligations of any Credit Party, in respect of), all interests retained by any Credit Party, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral.
Confirmation of Authority. In the event of a Tax Contest with the IRS or any other Taxing Authority concerning the amount of any Tax liability of, or refund due to the Affiliated Group, Combined Group or any Member thereof for any Consolidated Return Year or Combined Return Year, and in connection with every Group Refund Claim or other claim for refund of Tax for any Consolidated Return Year or Combined Return Year, Odyssey Holdings and the Subsidiaries hereby expressly confirm, with respect to federal income Tax liability, the authority granted to Fairfax in Regulations Section 1.1502-77 (and in any successor provision thereto) of the Regulations to act on behalf of Odyssey Holdings and the Subsidiaries notwithstanding that Odyssey Holdings or any Subsidiary may be liable for additional Tax or for additional payments to Fairfax. With respect to such federal income Taxes and all other Taxes, Odyssey Holdings and the Subsidiaries hereby expressly and irrevocably appoint Fairfax to be each of such entity's sole agent. Odyssey Holdings and the Subsidiaries expressly relinquish any rights each such entity may have to act for or represent itself in any manner in any such Tax Contest or with respect to any such Group Refund Claim related to the time period in which any Subsidiary is a Member of the Affiliated Group. Odyssey Holdings and the Subsidiaries hereby authorize Fairfax and its representatives to pursue such Tax Contest, Group Refund Claim, or other claim for refund of Tax either administratively or by court action. Odyssey Holdings and the Subsidiaries hereby irrevocably agree that Fairfax shall have the exclusive right, on behalf of Odyssey Holdings and the Subsidiaries, to make any and all decisions to pursue, settle, or appeal any Tax Contest, Group Refund Claim or other claim for refund of Tax, and to control all administrative and court proceedings and any and all negotiations and settlements related thereto. Odyssey Holdings and the Subsidiaries hereby expressly consent to Fairfax entering into settlements on behalf of each such entity, as Fairfax deems appropriate in its sole discretion, exercised in good faith; provided, however, that prior to settling an issue that would give rise to a Tax Adjustment for which Odyssey Holdings or a Subsidiary would be liable under this Agreement. Odyssey Holdings or such Subsidiary shall have the right and opportunity to review such settlement. Fairfax may, in its sole discretion, exercised in good faith, accept or reject any suggestions...
Confirmation of Authority. By signing this Agreement for and on behalf of Customer and CONNECT ATM, each of the undersigned, in his or her capacity as an officer of Customer or CONNECT ATM, does hereby warrant and represent to the other party that he or she does have authority to execute this Agreement for and on behalf of Customer or CONNECT ATM and that all information contained herein and in any other document executed in conjunction herewith, is true, complete, and correct. Each of the undersigned hereby warrants and represents on behalf of Customer or CONNECT ATM in his or her capacity as an officer of Customer of CONNECT ATM that this Agreement, when executed, will be valid and enforceable against Customer or CONNECT ATM.
Confirmation of Authority. 8.1 You promise that you have the authority to accept this Privacy Policy on behalf of your contact person and, in the case of a Black Group, your Authorised Representatives, members, shareholders, trustees, beneficiaries and directors of the Black Group.
Confirmation of Authority. EXECUTION OF RELEASES.
Confirmation of Authority. By its signature below, each party confirms it approves of and is authorized to enter into this Agreement. This Agreement shall be effective as of the date set forth above, and if no date is set forth above, the last date entered below by the signatories. Accepted for the City of Tacoma: Accepted for the Metropolitan Park District of Tacoma: l��•�X.XXXx..-· I DocuSignedby: J, 10/26/2020 12:53 PM POL� 10/26/2020 I 2:13 PM PDT ��= Xxxxxxxxx Xxxxx Xxxx Xxxxxx City Manager Executive Director Approved: Ku IS 1ngsolver Public Works Director d by: [T71:_n•ei!I �:MrM_::"u-...\ 9/22/2020 I 2:22 PM PDT • - ,te >te I �.. ,----- ----9/2-3/-202-0 -I 4:21 PM PDT Xxxxxx Xxxxxxxx Finance Director Attest: DocuSignedby 10/26/2020 I 1:29 PM PDT �9� Xxxxx Xxxxx City Clerk Approved as to form: �,w.t, oo VIU �� �"�tlb:� ()V' §'fe5�eE\iictor 9/21/2020 I 9:57 AM PDT Cs±�� Deputy City Attorney 9/18/2020 I 1:04 PM PDT Xxxxx Xxxxxx Risk Manager � <El l!J (13) 2019 CPG MEETlr-. El Google Maps X + v
AutoNDA by SimpleDocs
Confirmation of Authority. If any manufacturer, advertiser or other person or entity questions the authority of Gargoyles to use Xxxxxxxxx'x name, likeness, autograph or voice as authorized under this Agreement, upon Gargoyles' request, Xxxxxxxxx promptly will execute such additional documents or make such communications as may be reasonably necessary to confirm Gargoyles' authority.
Confirmation of Authority. EXECUTION OF RELEASES. Without in any manner limiting Agent's authority to act without any specific or further authorization or consent by Lenders (as set forth in subsection 8.2.7 (d) and this subsection 8.2.8(a)), each Lender agrees to confirm in writing, upon request by Agent or Borrower, the authority to release any Collateral conferred upon Agent. Subject to Section 2.2 above, upon receipt by Agent of any required confirmation from the Requisite Lenders of its authority to release any particular item or types of Collateral, and upon at least ten (10) Business Days prior written request by Borrowers, Agent shall (and is hereby irrevocably authorized by Lenders to) execute such documents as may be necessary to evidence the release of the liens granted to Agent upon such Collateral; provided, however, that (i) Agent shall not be required to execute any such document on terms which, in Agent's opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such liens without recourse or warranty, and (ii) subject to Section 2.2 above, such release shall not in any manner discharge, affect or impair the Indebtedness or Obligations or any liens upon (or obligations of any Lender, in respect of), all interests retained by any Lender, including (without limitation) the proceeds of any sale, all of which shall continue to constitute part of the Collateral.
Confirmation of Authority. HRM shall execute and provide to the Society any document or other evidence which may be reasonably required by the Society to demonstrate to third parties the authority of the Society as set out in this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!