Designated Person. Until Lender is notified by any Borrower to the contrary in writing by registered or certified mail directed to Lender’s principal place of business, the signature upon this Agreement or upon any of the other Loan Documents of any officer, partner, manager or employee of any Borrower or of any other Person designated in writing to Lender by any of the foregoing, or of a Responsible Officer shall bind all Borrowers and be deemed to be the duly authorized act of such Borrower.
Appears in 4 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement, Loan and Security Agreement (Orthopediatrics Corp)
Designated Person. Until Lender is notified by any Borrower to the contrary in writing by registered or certified mail directed to Lender’s principal place of business, the signature upon this Agreement or upon any of the other Loan Documents of any officer, partner, manager or employee of any Borrower Responsible Officer or of any other Person designated in writing to Lender by any of the foregoing, or of a Responsible Officer foregoing shall bind all Borrowers Borrower and be deemed to be the duly authorized act of such Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Sauer Danfoss Inc), Credit Agreement (Sauer Danfoss Inc)
Designated Person. Until Lender is notified by any Borrower to the contrary in writing by registered or certified mail directed to Lender’s principal place of business, the signature upon this Agreement or upon any of the other Loan Documents of any officer, partner, manager or employee of any Borrower or of any other Person designated in writing to Lender by any of the foregoing, or of a Responsible Officer shall bind all Borrowers Borrower and be deemed to be the duly authorized act of such Borrower.
Appears in 1 contract
