Member Consent and Agreement Sample Clauses

Member Consent and Agreement. Grantor as the holder of Equity Interests in the Entities, hereby (a) instructs each Entity to register the rights of Agent created hereunder in the Collateral in the books and records maintained by such Entity, (b) in connection with the exercise by Agent of its rights and remedies under this Agreement, consents to the foreclosure or other disposition or assignment of the Collateral to any person or entity (an “Assignee”) and the substitution of such Assignee as a new holder of such Equity Interests and Collateral, and (c) agrees that no such assignment or substitution and no foreclosure under this Agreement or other remedies in respect thereof shall effect a termination or dissolution of such Entity. Without limiting the generality of the foregoing and notwithstanding the provisions of the applicable Entity Governance Documents, Grantor, as holder of the Equity Interests in such Entity, hereby agrees that if any Collateral is assigned to an Assignee upon the exercise by Agent of its rights and remedies pursuant to this Agreement: (x) such Assignee shall be deemed a member, manager, partner, limited partner, general partner, shareholder or other owner of such Equity Interests and Collateral, with all rights of an owner of such Equity Interests and Collateral under the applicable Entity Governance Documents, all with no further action or consent by any other Person being necessary; and (y) on and after the admission of an Assignee as a member, manager, partner, limited partner, general partner, shareholder or other owner of such Equity Interests and Collateral of the applicable Entity, such Assignee shall have all powers, statutory and otherwise, possessed by, and all obligations (to the extent such obligations first arise, and relate to events occurring, after the date that such Assignee is substituted as the new holder of the Equity Interests) of, a member, manager, partner, limited partner, general partner, shareholder or other owner of Equity Interests and Collateral under all applicable laws. Grantor hereby covenants and agrees to indemnify, defend and hold harmless Assignee from and against any claim, cause of action, expense or liability which arises out of, or otherwise results from, Grantor’s acts or omissions in its capacity as a member, manager, partner, limited partner, general partner, shareholder or other owner of such Equity Interests and Collateral of the applicable Entity, regardless of whether any such claim, cause of action, expense or l...
AutoNDA by SimpleDocs
Member Consent and Agreement. By selecting the I ACCEPTTerms and Conditions” box, I consent and agree that:
Member Consent and Agreement. By selecting the I ACCEPTTerms and Conditions” box, I consent and agree that: a) The Credit Union can communicate with me electronically. b) The Credit Union can provide disclosures required by law and other information about my legal rights and duties to me electronically. c) The Credit Union can send me information and marketing materials electronically. d) My electronic signature on agreements and documents has the same effect as if I signed them in ink. e) The Credit Union can make available to me in electronic format all agreements and disclosures, including, but not limited to: a. Membership Application b. Membership and Account Agreements c. Truth in Savings and Funds Availability Disclosures d. Electronic Funds Transfer Agreement and Disclosures e. eStatements Disclosures, if I opt to have this service f) If I decide to enroll for the eStatements service, the Credit Union will eliminate the delivery of paper statements. g) If I want a paper copy of the disclosures/eStatements, I can print or download the information for my records.
Member Consent and Agreement. By placing your initial next to “I agree to Terms and Conditions presented electronically,” I consent and agree that: A. The Credit Union can communicate with me electronically. B. The Credit Union can provide disclosures required by law and other information about my legal rights and duties to me electronically. C. From time to time the Credit Union can send me information and marketing materials electronically (‘unsubscribe’ available). D. My electronic signature on agreements and documents has the same effect as if I signed them in ink. E. The Credit Union can make available to me in electronic format all agreements and disclosures, including, but not limited to: a. Membership Application b. Membership and Account Agreements c. Truth in Savings and Funds Availability Disclosures d. Electronic Funds Transfer Agreement and Disclosures e. eStatements Disclosures, if I opt to have this service F. If I decide to enroll for the eStatements service, the Credit Union will eliminate the delivery of paper statements. G. If I want a paper copy of the disclosures/eStatements, I can print or download the information for my records.

Related to Member Consent and Agreement

  • Consent and Agreement An original of a Consent and Agreement duly executed by such Subsidiary, pursuant to which such Subsidiary consents and agrees to become a “Credit Party” hereunder and to be bound by the terms and conditions of this Agreement and all other Loan Documents;

  • Waiver and Agreement Neither the failure nor any delay on the part of Lender to exercise any right, power or privilege herein or under any of the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any provision in this Loan Agreement or in any of the other Loan Documents and no departure by Borrower therefrom shall be effective unless the same shall be in writing and signed by Lender, and then shall be effective only in the specific instance and for the purpose for which given and to the extent specified in such writing. No modification or amendment to this Loan Agreement or to any of the other Loan Documents shall be valid or effective unless the same is signed by the party against whom it is sought to be enforced.

  • Acknowledgement and Agreement By execution below, the Transferor expressly acknowledges and consents to the pledge of the 2024-1 SUBI Certificate and the 2024-1 SUBI and the assignment of all rights and obligations of the Transferor related thereto by the Transferee to the Indenture Trustee pursuant to the Indenture for the benefit of the Noteholders. In addition, the Transferor hereby acknowledges and agrees that for so long as the Notes are Outstanding, the Indenture Trustee will have the right to exercise all powers, privileges and claims of the Transferee under this Agreement.

  • Consent and Reaffirmation Each Subsidiary Guarantor hereby consents to this Amendment and the transactions contemplated hereby, and each Loan Party hereby (a) agrees that, notwithstanding the effectiveness of this Amendment, the Guarantee and Collateral Agreement and each of the other Security Documents continue to be in full force and effect, (b) confirms its guarantee of the Obligations (with respect to each Subsidiary Guarantor) and its grant of a security interest in its assets as Collateral therefor, all as provided in the Loan Documents as originally executed and (c) acknowledges that such guarantee and/or grant continue in full force and effect in respect of, and to secure, the Obligations under the Credit Agreement (as amended hereby) and the other Loan Documents.

  • Acknowledgment and Agreement By execution below, the Seller expressly acknowledges and consents to the pledge, assignment and Grant of a security interest in the Receivables, the other Transferred Assets and the Issuer’s rights under this Agreement by the Issuer to the Indenture Trustee pursuant to the Indenture for the benefit of the Noteholders. In addition, the Seller hereby acknowledges and agrees that for so long as the Notes are outstanding, the Indenture Trustee will have the right to exercise all powers, privileges and claims of the Issuer under this Agreement in the event that the Issuer shall fail to exercise the same.

  • Waiver; Consent This Agreement may not be changed, amended, terminated, augmented, rescinded or discharged (other than in accordance with its terms), in whole or in part, except by a writing executed by the parties hereto. No waiver of any of the provisions or conditions of this Agreement or any of the rights of a party hereto shall be effective or binding unless such waiver shall be in writing and signed by the party claimed to have given or consented thereto. Except to the extent otherwise agreed in writing, no waiver of any term, condition or other provision of this Agreement, or any breach thereof shall be deemed to be a waiver of any other term, condition or provision or any breach thereof, or any subsequent breach of the same term, condition or provision, nor shall any forbearance to seek a remedy for any noncompliance or breach be deemed to be a waiver of a party’s rights and remedies with respect to such noncompliance or breach.

  • Prior Consent You will not accept for payment by Card any amount representing a deposit or partial payment for goods or services to be delivered in the future without the prior written consent of Processor. The acceptance of a Card for payment or partial payment of goods or services to be delivered in the future without prior consent will be deemed to be a breach of this Agreement and cause for immediate termination in addition to any other remedies available under the Laws or Rules.

  • Waivers; Amendment; Joinder Agreements (a) No failure or delay on the part of any party hereto in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the parties hereto are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any party therefrom shall in any event be effective unless the same shall be permitted by Section 5.02(b), and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on any party hereto in any case shall entitle such party to any other or further notice or demand in similar or other circumstances. (b) Neither this Agreement nor any provision hereof may be terminated, waived, amended or modified (other than pursuant to any Joinder Agreement) except pursuant to an agreement or agreements in writing entered into by each Authorized Representative and each Collateral Agent (and with respect to any such termination, waiver, amendment or modification which by the terms of this Agreement requires the Company’s consent or which increases the obligations or reduces the rights of the Company or any other Grantor, with the consent of the Company). (c) Notwithstanding the foregoing, without the consent of any First-Lien Secured Party, any Authorized Representative may become a party hereto by execution and delivery of a Joinder Agreement in accordance with Section 5.13 and upon such execution and delivery, such Authorized Representative and the Additional First-Lien Secured Parties and Additional First-Lien Obligations of the Series for which such Authorized Representative is acting shall be subject to the terms hereof and the terms of the Additional First-Lien Security Documents applicable thereto. (d) Notwithstanding the foregoing, without the consent of any other Authorized Representative or First-Lien Secured Party, the Collateral Agents may effect amendments and modifications to this Agreement to the extent necessary to reflect any incurrence of any Additional First-Lien Obligations in compliance with the Credit Agreement and the other Secured Credit Documents.

  • AMENDMENTS TO APPLICATION AND AGREEMENT; WAIVERS A. This Agreement may not be modified or amended except by an instrument or instruments in writing signed by all of the Parties and after completing the requirements of Section

  • Complete Agreement; Amendment This Agreement constitutes the entire understanding between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements in regard thereto. This Agreement cannot be modified except by an agreement in writing signed by both parties and specifically referring to this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!