Common use of Reliance upon Authority Clause in Contracts

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following clauses (i) and (ii), the Borrower shall deliver to the Agent a writing setting forth (i) the account of the Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested pursuant to this Section 2.2, and (ii) the names of the officers and any other designated representatives authorized to request Revolving Loans on behalf of the Borrower, and shall provide the Agent with a specimen signature of each such officer and other designated representatives. The Agent shall be entitled to rely conclusively on such officer's or designated representatives' authority to request Revolving Loans on behalf of the Borrower, the proceeds of which are to be transferred to any of the accounts specified by the Borrower pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers or designated representatives authorized by the Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following clauses (i) and (ii), the applicable Borrower shall deliver to the Agent a writing setting forth (i) the account of the such Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested by such Borrower pursuant to this Section SECTION 2.2, and (ii) the names of the officers and any other designated representatives authorized to request Revolving Loans on behalf of the such Borrower, and shall provide the Agent with a specimen signature of each such officer and other designated representativesofficer. The Agent shall be entitled to rely conclusively on such officer's or designated representatives' authority to request Revolving Loans on behalf of the applicable Borrower, the proceeds of which are to be transferred to any of the accounts of the applicable Borrower specified by the such Borrower pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers or designated representatives authorized by the applicable Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior to the Closing Effective Date (as hereinafter defined), and thereafter prior to any change with respect to any of the information contained in the following clauses (i) and (ii), the each Borrower shall deliver to the Agent a writing setting forth (i) the account of the Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested pursuant to this Section SECTION 2.2, and (ii) the names of the officers and any other designated representatives persons authorized to request Revolving Loans on behalf of the such Borrower, and shall provide the Agent with a specimen signature of each such officer and other designated representativesperson. The Agent shall be entitled to rely conclusively on such officerperson's or designated representatives' authority to request Revolving Loans on behalf of the such Borrower, the proceeds of which are to be transferred to any of the accounts specified by the such Borrower pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers or designated representatives persons authorized by the such Borrower to make such requests on its behalf.