Common use of Continuation of Authority of Lead Borrower Clause in Contracts

Continuation of Authority of Lead Borrower. The authority of the Lead Borrower to request Revolving Credit Loans on behalf of, and to bind, the Borrowers, shall continue unless and until the Administrative Agent acts as provided in Section 2-3, above, or the Administrative Agent actually receives

Continuation of Authority of Lead Borrower. The authority of the Lead Borrower to request Revolving Credit Loans on behalf of, and to bind, the Borrowers, shall continue unless and until the Administrative Agent acts as provided in Section 2-3, above, or the Administrative Agent actually receivesreceives(a) written notice of: (i) the termination of such authority, and (ii) the subsequent appointment of a successor Lead Borrower, which notice is signed by the respective Responsible Officer of each Borrower then eligible for borrowing under this Agreement; and

Continuation of Authority of Lead Borrower. The authority of the Lead Borrower to request Revolving Credit Loans loans on behalf of, and to bind, the Borrowers, shall continue unless and until the Administrative Agent acts as provided in Section 2-34, above, or the Administrative Agent actually receives

Continuation of Authority of Lead Borrower. The authority of the Lead Borrower to request Revolving Credit Loans on behalf of, and to bind, the Borrowers, shall continue unless and until the Administrative Agent acts as provided in Section 2-34, above, or the Administrative Agent actually receives