Common use of Irrevocable Authorization and Instruction to Issuers Clause in Contracts

Irrevocable Authorization and Instruction to Issuers. Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender in writing that (i) states that an Event of Default has occurred and is continuing and (ii) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor, and Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 3 contracts

Samples: Pledge and Security Agreement (BRE Select Hotels Corp), Pledge and Security Agreement (BRE Select Hotels Corp), Pledge and Security Agreement (BRE Select Hotels Corp)

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Irrevocable Authorization and Instruction to Issuers. Each Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from the Lender in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from any Pledgor, and each Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 3 contracts

Samples: Pledge Agreement, Pledge Agreement (Merisel Inc /De/), Pledge Agreement (Merisel Inc /De/)

Irrevocable Authorization and Instruction to Issuers. The Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Administrative Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each such Issuer and any servicer shall be fully protected in so complying.

Appears in 3 contracts

Samples: Pledge Agreement (Acc Corp), Pledge Agreement (Acc Corp), Pledge Agreement (Acc Corp)

Irrevocable Authorization and Instruction to Issuers. Each Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Administrative Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from Pledgorthe Pledgors, and Pledgor the Pledgors agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 2 contracts

Samples: Pledge Agreement (Denali Inc), Credit Agreement (Denali Inc)

Irrevocable Authorization and Instruction to Issuers. The Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each Issuer and any servicer the Issuers shall be fully protected in so complying.

Appears in 2 contracts

Samples: Credit Agreement (Oro Spanish Broadcasting Inc), Pledge Agreement (Oro Spanish Broadcasting Inc)

Irrevocable Authorization and Instruction to Issuers. The ---------------------------------------------------- Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Administrative Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each such Issuer and any servicer shall be fully protected in so complying.

Appears in 2 contracts

Samples: Pledge Agreement (Acc Corp), Pledge Agreement (Acc Corp)

Irrevocable Authorization and Instruction to Issuers. Each Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Collateral Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from any Pledgor, and each Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 2 contracts

Samples: Pledge Agreement (Global Signal Inc), Pledge Agreement (Global Signal Inc)

Irrevocable Authorization and Instruction to Issuers. The Pledgor hereby authorizes and instructs each Issuer Issuer, Partnership and any servicer of the Loan Company to comply with any instruction received by it from Lender the Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each Issuer Issuer, Partnership and any servicer Company shall be fully protected in so complying.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Insignia Properties Trust /), Pledge and Security Agreement (Insignia Properties Trust /)

Irrevocable Authorization and Instruction to Issuers. The ---------------------------------------------------- Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan Issuers to comply with any instruction received by it from Lender the Administrative Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each Issuer and any servicer the Issuers shall be fully protected in so complying.

Appears in 1 contract

Samples: Pledge Agreement (Dal Tile International Inc)

Irrevocable Authorization and Instruction to Issuers. The Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan Issuers to comply with any instruction received by it Pledgor (or any of them) from Lender Laurus in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from PledgorPledgor (or any of them), and Pledgor agrees that each Issuer and any servicer the Issuers shall be fully protected in so complying.

Appears in 1 contract

Samples: Member Pledge Agreement (Blast Energy Services, Inc.)

Irrevocable Authorization and Instruction to Issuers. Each Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from the Lender in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from any Pledgor, and each Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Pledge Agreement (GMH Communities Trust)

Irrevocable Authorization and Instruction to Issuers. Each Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Collateral Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Amended and Restated Pledge Agreement, without any other or further instructions from any Pledgor, and each Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Credit Agreement (Sprague Resources LP)

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Irrevocable Authorization and Instruction to Issuers. Each Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Administrative Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from such Pledgor, and such Pledgor agrees that each such Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Intercompany Note (Essex Group Inc)

Irrevocable Authorization and Instruction to Issuers. Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender Secured Party in writing that that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from Pledgor, and Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Pledge Agreement (BlueLinx Holdings Inc.)

Irrevocable Authorization and Instruction to Issuers. The Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan Issuers to comply with any instruction received by it Pledgor (or any of them) from Lender Pledgee in writing that (ia) states that an Event of Default has occurred and is continuing exists and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from PledgorPledgor (or any of them), and Pledgor agrees that each Issuer and any servicer the Issuers shall be fully protected in so complying.

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (ProLink Holdings Corp.)

Irrevocable Authorization and Instruction to Issuers. The Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Administrative Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each such Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Credit Agreement (Knology Holdings Inc /Ga)

Irrevocable Authorization and Instruction to Issuers. Pledgor hereby authorizes and instructs each Issuer and any servicer of the Loan to comply with any instruction received by it from Lender Pledgee in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from Pledgor, and Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Pledge Agreement (BlueLinx Holdings Inc.)

Irrevocable Authorization and Instruction to Issuers. Pledgor Each of the Pledgors hereby authorizes and instructs each Issuer and any servicer of the Loan Issuers to comply with any instruction received by it from Lender the Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor, and Pledgor agrees that each Issuer and any servicer shall be fully protected in so complying.is

Appears in 1 contract

Samples: Pledge Agreement (Fresh Foods Inc)

Irrevocable Authorization and Instruction to Issuers. The Pledgor ---------------------------------------------------- hereby authorizes and instructs each the Issuer and any servicer of the Loan to comply with any instruction received by it from Lender the Agent in writing that (ia) states that an Event of Default has occurred and is continuing and (iib) is otherwise in accordance with the terms of this Pledge Agreement, without any other or further instructions from the Pledgor, and the Pledgor agrees that each the Issuer and any servicer shall be fully protected in so complying.

Appears in 1 contract

Samples: Pledge Agreement (New Pameco Georgia Corp)

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