Common use of Non-Conforming Communications Clause in Contracts

Non-Conforming Communications. Agent and Xxxxxxx may rely upon any notices purportedly given by or on behalf of any Borrower even if such notices were not made in a manner specified herein, were incomplete or were not confirmed, or if the terms thereof, as understood by the recipient, varied from a later confirmation. Each Borrower shall indemnify and hold harmless each Indemnitee from any liabilities, losses, costs and expenses arising from any telephonic communication purportedly given by or on behalf of a Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement

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Non-Conforming Communications. Agent and Xxxxxxx Lxxxxxx may rely upon any notices purportedly given by or on behalf of any Borrower even if such notices were not made in a manner specified herein, were incomplete or were not confirmed, or if the terms thereof, as understood by the recipient, varied from a later confirmation. Each Borrower shall indemnify and hold harmless each Indemnitee from any liabilities, losses, costs and expenses arising from any telephonic communication purportedly given by or on behalf of a Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Olympic Steel Inc)

Non-Conforming Communications. Agent and Xxxxxxx may rely upon any notices purportedly given by or on behalf of any Borrower Obligor even if such notices were not made in a manner specified herein, were incomplete or were not confirmed, or if the terms thereof, as understood by the recipient, varied from a later confirmation. Each Borrower Obligor shall indemnify and hold harmless each Indemnitee from any liabilities, losses, costs and expenses arising from any telephonic communication purportedly given by or on behalf of a BorrowerObligor.

Appears in 1 contract

Samples: Loan and Security Agreement (P&f Industries Inc)

Non-Conforming Communications. Agent and Xxxxxxx may rely upon any notices purportedly given by or on behalf of any Borrower Obligors even if such notices were not made in a manner specified herein, were incomplete or were not confirmed, or if the terms thereof, as understood by the recipient, varied from a later confirmation. Each Borrower Obligor shall indemnify and hold harmless each Indemnitee from any liabilities, losses, costs and expenses arising from any telephonic communication purportedly given by or on behalf of a Borroweran Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement and Waiver (SWK Holdings Corp)

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Non-Conforming Communications. Agent and Xxxxxxx may rely upon any notices purportedly given by or on behalf of any Borrower even if such notices were not made in a manner specified herein, were incomplete or were not confirmed, or if the terms thereof, as understood by the recipient, varied from a later confirmation. Each Borrower shall indemnify and hold harmless each Indemnitee from any liabilities, losses, costs and expenses arising from any telephonic communication purportedly given by or on behalf of a Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Flat Rock Core Income Fund)

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