Continuation of Authority of Agent. The authority of Agent to request loans on behalf of, and to bind, the Borrowers, shall continue unless and until Bank actually receives written notice of the termination of such authority.
Appears in 5 contracts
Samples: Loan and Security Agreement (Sonic Foundry Inc), Loan Modification Agreement (Skillsoft Public Limited Co), Loan Modification Agreement (Skillsoft Public Limited Co)
Continuation of Authority of Agent. The authority of Agent Holdings to request loans on behalf of, and to bind, the Borrowers, shall continue unless and until Bank actually receives written notice of the termination of such authority.
Appears in 1 contract
Samples: Loan and Security Agreement (Trustwave Holdings, Inc.)
Continuation of Authority of Agent. The authority of the Agent to request loans on behalf of, and to bind, the Borrowers, shall continue unless and until Bank the Lender acts as provided in Section 1-3, above, or the Lender actually receives written notice of the termination of such authority.receives:
Appears in 1 contract
Samples: Loan and Security Agreement (MCK Communications Inc)
