Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower to make such requests on their behalf. The Agent shall not incur any liability to the Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower to request Advances on their behalf or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the obligation of the Borrower to repay such Advances as provided herein.
Appears in 9 contracts
Samples: Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.)
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individualAuthorized Individual’s request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person an Authorized Individual authorized by the Borrower to make such requests on their its behalf. The Agent shall not incur any liability to the Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower to request Advances on their behalf or for otherwise acting under this AgreementAuthorized Individual. The crediting of Advances to the Funding Account shall conclusively establish the obligation of the Borrower to repay such Advances as provided herein.
Appears in 6 contracts
Samples: Credit Agreement (USA Compression Partners, LP), Credit Agreement (USA Compression Partners, LP), Credit Agreement
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s request for Advances hereunder, so long as the proceeds thereof are to be transferred to the a Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Domestic Borrower to make such requests on their behalfthe behalf of the Domestic Borrower. The Agent shall not incur any liability to the Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Domestic Borrower to request Advances on their behalf of the Borrowers or for otherwise acting under this Agreement. The crediting of Advances to the any Funding Account shall conclusively establish the obligation of the applicable Borrower to repay such Advances as provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Park Ohio Holdings Corp), Credit Agreement (Park Ohio Industries Inc/Oh)
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the a Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Domestic Borrower to make such requests on their behalfthe behalf of the Domestic Borrower. The Agent shall not incur any liability to the Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Domestic Borrower to request Advances on their behalf of the Borrowers or for otherwise acting under this Agreement. The crediting of Advances to the any Funding Account shall conclusively establish the obligation of the applicable Borrower to repay such Advances as provided herein.
Appears in 1 contract
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower to make such requests on their behalfthe behalf of the Borrower. The Agent shall not incur any liability to the Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower to request Advances on their behalf of the Borrower or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the obligation of the Borrower to repay such Advances as provided herein.
Appears in 1 contract
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the a Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower to make such requests on their behalfbehalf of the Borrowers. The Agent shall not incur any liability to the Borrower Borrowers as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower Borrowers to request Advances on their behalf of the Borrowers or for otherwise acting under this Agreement. The crediting of Advances to the a Funding Account shall conclusively establish the obligation of the Borrower Borrowers to repay such Advances as provided herein.
Appears in 1 contract
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s request for Advances hereunder, so long as the proceeds thereof are to be transferred to the a Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower to make such requests on their behalfbehalf of the Borrowers. The Agent shall not incur any liability to the Borrower Borrowers as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower Borrowers to request Advances on their behalf of the Borrowers or for otherwise acting under this Agreement. The crediting of Advances to the a Funding Account shall conclusively establish the obligation of the Borrower Borrowers to repay such Advances as provided herein.
Appears in 1 contract
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the applicable Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the any Borrower to make such requests on their its behalf. The Agent shall not incur any liability to the Borrower Borrowers as a result of acting upon any notice referred to in Section 2.1 2.1(c), Section 2.1(d), Section 2.6, and Section 2.7 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the a Borrower to request Advances on their its behalf or for otherwise acting under this Agreement. The crediting of Advances to the applicable Funding Account shall conclusively establish the obligation of the Borrower applicable Borrowers to repay such Advances as provided herein.
Appears in 1 contract
Samples: Credit Agreement (K2 Inc)
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the a Borrower to make such requests on their its behalf. The Agent shall not incur any liability to the any Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the such Borrower to request Advances on their its behalf or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the obligation of the Borrower Borrowers to repay such Advances as provided herein.
Appears in 1 contract
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower to make such requests on their its behalf. The Agent shall not incur any liability to the Borrower as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person Person duly authorized by the Borrower to request Advances on their its behalf or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the obligation of the Borrower to repay such Advances as provided herein.
Appears in 1 contract
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individualAuthorized Person’s request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower Borrowers to make such requests on their behalf. The Agent shall not incur any liability to the Borrower Borrowers as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower Borrowers to request Advances on their behalf or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the joint and several obligation of the Borrower Borrowers to repay such Advances as provided herein.
Appears in 1 contract
Samples: Credit Agreement (Action Performance Companies Inc)
Reliance Upon Authority; No Liability. The Agent Lender is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent Lender shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower Borrowers to make such requests on their behalf. The Agent Lender shall not incur any liability to the Borrower Borrowers as a result of acting upon any notice referred to in Section 2.1 which the Agent Lender reasonably believes to have been given by an officer or other person duly authorized by the Borrower Borrowers to request Advances on their behalf or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the obligation joint and several obligations of the Borrower Borrowers to repay such Advances as provided herein.
Appears in 1 contract
Samples: Credit Facility and Security Agreement (Goodman Conveyor Co)
Reliance Upon Authority; No Liability. The Agent is entitled to rely conclusively on any individual’s 's request for Advances hereunder, so long as the proceeds thereof are to be transferred to the Funding Account. The Agent shall have no duty to verify the identity of any individual representing himself or herself as a person authorized by the Borrower Borrowers to make such requests on their behalf. The Agent shall not incur any liability to the Borrower Borrowers as a result of acting upon any notice referred to in Section 2.1 which the Agent reasonably believes to have been given by an officer or other person duly authorized by the Borrower Borrowers to request Advances on their behalf or for otherwise acting under this Agreement. The crediting of Advances to the Funding Account shall conclusively establish the joint and several obligation of the Borrower Borrowers to repay such Advances as provided herein.
Appears in 1 contract