Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance or similar notice believed by Lender to be genuine. Lender may assume that each Person executing and delivering such a notice was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
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Samples: Credit Agreement (Consolidated Freightways Corp), Credit Agreement (Sweetheart Holdings Inc \De\)
Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance Advance, Notice of Letter of Credit Request, Liquidation Loan Proposal or similar notice believed by Lender to be genuinesigned by any Authorized Person of a Borrower. Lender may assume that each Person executing and delivering such a notice was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
Appears in 2 contracts
Samples: Credit Agreement (Great American Group, Inc.), Credit Agreement (Great American Group, Inc.)
Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance Advance, Notice of Conversion/Continuation or similar notice believed by Lender to be genuine. Lender may assume that each Person executing and delivering such a notice was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
Appears in 2 contracts
Samples: Credit Agreement (Newtek Business Services Inc), Credit Agreement (Key Tronic Corp)
Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance or similar notice believed by Lender to be genuine. Lender may assume that each Person executing and delivering such a any notice in accordance herewith was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
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Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance Advance, Notice of Continuation or similar notice believed by Lender to be genuine. Lender may assume that each Person executing and delivering such a notice was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
Appears in 1 contract
Samples: Loan Agreement (Winston Hotels Inc)
Reliance on Notices. Lender shall be entitled to rely ------------------- upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance Advance, Notice of Conversion/ Continuation or similar notice believed by Lender to be genuine. Lender may assume that each Person executing and delivering any such a notice was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
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Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance Advance, Notice of Letter of Credit Request, Liquidation Loan Proposal or similar notice believed by Lender to be genuinesigned by any Authorized Person of Borrower. Lender may assume that each Person executing and delivering such a notice was duly authorized, unless the responsible individual acting thereon for Lender has actual knowledge to the contrary.
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