Common use of Issuer and Borrower Representatives Clause in Contracts

Issuer and Borrower Representatives. Whenever under the provisions of this Senior Loan Agreement the approval of the Issuer or the Borrower is required or the Issuer or the Borrower is required to take some action at the request of the other, such approval or such request shall be given for the Issuer by an Issuer Representative and for the Borrower by a Responsible Officer of the Borrower and the Trustee and the Collateral Agent, as applicable, shall be permitted to rely on, and shall be protected in acting upon, such approval.

Appears in 2 contracts

Samples: Senior Loan Agreement (Fortress Transportation & Infrastructure Investors LLC), Senior Loan Agreement (Virgin Trains USA LLC)

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Issuer and Borrower Representatives. Whenever under the ----------------------------------- provisions of this Senior Loan Agreement Agreement, the approval of the Issuer or the Borrower is required required, or the Issuer or the Borrower is required to take some action at the request of the other, such approval or such request shall be given for the Issuer by an the Issuer Representative and for the Borrower by a Responsible Officer of the Borrower Representative; the Trustee, and the Trustee and the Collateral Agent, as applicable, any party hereto shall be permitted authorized to rely on, and shall be protected in acting upon, act on any such approvalapprovals or requests.

Appears in 1 contract

Samples: Agreement (Epitaxx Inc)

Issuer and Borrower Representatives. Whenever under the provisions of this Senior Issuer Loan Agreement the approval of the Issuer or the Borrower is required or the Issuer or the Borrower is required to take some action at the request of the other, such approval or such request shall be given for the Issuer by an Issuer Representative and for the Borrower by a Responsible Officer of the Borrower and the Trustee and the Collateral Agent, as applicable, shall be permitted to rely on, and shall be protected in acting upon, such approvalRepresentative.

Appears in 1 contract

Samples: Loan Agreement

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Issuer and Borrower Representatives. Whenever Whenever, under the provisions of this Senior Loan Agreement Agreement, the approval of the Issuer or the Borrower is required or the Issuer or the Borrower is are required to take some action at the request of the other, such approval or such request shall be given for the Issuer by an the Authorized Issuer Representative and for the Borrower by a Responsible Officer of the Authorized Borrower Representative, and the any party hereto and Trustee and the Collateral Agent, as applicable, shall be permitted authorized to rely on, act on any such approval or request and no party hereto shall be protected in acting upon, have any complaint against any other party or against Trustee as a result of any such approvalaction taken.

Appears in 1 contract

Samples: Loan Agreement

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