Common use of Continuation of Authority of Agent Clause in Contracts

Continuation of Authority of Agent. The authority of the Agent to request Credit Extensions on behalf of, and to bind, each Borrower, shall continue unless and until Bank acts as provided in Section 1.2(c) above, or Bank actually receives:

Appears in 6 contracts

Samples: Loan and Security Agreement (Caliper Life Sciences Inc), Loan Modification Agreement (Enernoc Inc), Loan and Security Agreement (Caliper Life Sciences Inc)

AutoNDA by SimpleDocs

Continuation of Authority of Agent. The authority of the Agent to request Credit Extensions on behalf of, and to bind, each Borrower, shall continue unless and until the Bank acts as provided in Section 1.2(c) 1.4, above, or the Bank actually receives:

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Networks Inc)

AutoNDA by SimpleDocs

Continuation of Authority of Agent. The authority of the Agent to request Credit Extensions on behalf of, and to bind, each Borrower, Borrowers shall continue unless and until Bank acts as provided in Section 1.2(c) above, or Bank actually receives:receives writing notice of the termination of such authority.

Appears in 1 contract

Samples: Loan and Security Agreement (Sonic Foundry Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.