Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance, Notice of Letter of Credit Request, Liquidation Loan Proposal or similar notice believed by Lender to be signed by any Authorized Person of a Borrower. Lender may assume that each Person executing and delivering such a notice was duly authorized.
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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, Notice of Letter of Credit Request, Liquidation Loan Proposal Conversion/Continuation or similar notice believed by Lender to be signed by any Authorized Person of a Borrowergenuine. 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, Notice of Letter of Credit Request, Liquidation Loan Proposal Conversion/ Continuation or similar notice believed by Lender to be signed by any Authorized Person of a Borrowergenuine. 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, Notice of Letter of Credit Request, Liquidation Loan Proposal Advance or similar notice believed by Lender to be signed by any Authorized Person of a Borrowergenuine. 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. 1.2
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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, Notice of Letter of Credit Request, Liquidation Loan Proposal or similar notice believed by Lender to be signed by any Authorized Person of a the authorized representatives of Borrower listed on Schedule 2.1(f) or any other individual designated in writing by such authorized representatives to act on behalf 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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Reliance on Notices. Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance, Notice of Letter of Credit Request, Liquidation Loan Proposal or similar notice believed by Lender to be signed by any Authorized Person of a Borrower. Lender may assume that each Person executing and delivering such a notice was duly authorized.
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