Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Parties in its Group.
Appears in 38 contracts
Samples: Receivables Financing Agreement (Traeger, Inc.), Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Deluxe Corp)
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Purchaser Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Purchaser Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Purchaser Parties in its Group.
Appears in 22 contracts
Samples: Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (NCR Atleos Corp)
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Parties in its Group. ARTICLE XII INDEMNIFICATION SECTION 12.
Appears in 1 contract
Samples: Receivables Financing Agreement
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Party Lender in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Parties Lenders in its Group, as well as for the benefit of each assignee or other transferee from any such Person Person, and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Parties Lenders in its Group.
Appears in 1 contract
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Parties in its Group.. ARTICLE XII INDEMNIFICATION SECTION
Appears in 1 contract
Samples: Receivables Financing Agreement (Applied Industrial Technologies Inc)
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Parties in its Group. ARTICLE XIII INDEMNIFICATION SECTION 13.01.
Appears in 1 contract
Samples: Loan and Security Agreement (Hill-Rom Holdings, Inc.)
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Purchaser Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Purchaser Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Purchaser Parties in its Group. ARTICLE XIII INDEMNIFICATION Section 13.01.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)
Reliance on Group Agent. Unless otherwise advised in writing by a Group Agent or by any Credit Purchaser Party in such Group Agent’s Group, each party to this Agreement may assume that (i) such Group Agent is acting for the benefit and on behalf of each of the Credit Purchaser Parties in its Group, as well as for the benefit of each assignee or other transferee from any such Person and (ii) each action taken by such Group Agent has been duly authorized and approved by all necessary action on the part of the Credit Purchaser Parties in its Group.. INDEMNIFICATION
Appears in 1 contract
