Common use of Reliance upon Authority Clause in Contracts

Reliance upon Authority. On or prior to the Closing Date, the Borrower shall deliver to the Agent a notice setting forth the account of the Borrower (such account, together with any replacement account, the “Designated Account”) to which the Agent is authorized to transfer the proceeds of the Loans requested hereunder unless otherwise directed in writing by the Borrower. The Borrower may designate a replacement account from time to time by written notice to the Agent. The Agent is entitled to rely conclusively on any Person’s request for Revolving Loans on behalf of the Borrower, so long as the proceeds thereof are to be transferred to the Designated Account or to another account designated by the Borrower in writing. The Agent has 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 its behalf.

Reliance upon Authority. On or prior Prior to the Closing Date, the Specified Loan Borrower shall deliver to the Agent a notice setting forth the account of the Specified Loan Borrower (such account, together with any replacement account, the “Specified Loan Designated Account”) to which the Agent is authorized to transfer the proceeds of the Loans requested hereunder unless otherwise directed in writing by the BorrowerBorrowers’ Agent. The Borrower Borrowers’ Agent may designate a replacement account from time to time by written notice to the Agent. The Agent is entitled to rely conclusively on any Person’s request for Revolving Specified Loans on behalf of the Specified Loan Borrower, so long as the proceeds thereof are to be transferred to the Specified Loan Designated Account or to another account designated by the Borrower Borrowers’ Agent in writing. The Agent has no duty to verify the identity of any individual representing himself or herself as a person authorized by the Specified Loan Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior Prior to the Closing Date, the Borrower shall deliver to the Agent Agent, a notice setting forth the account of the Borrower (such account, together with including any replacement account which Borrower may from time to time designate in writing to Agent as a successor account, the “"Designated Account”") to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested hereunder unless otherwise directed in writing by the Borrowerhereunder. The Borrower may designate a replacement account from time to time by written notice notice. All such Designated Accounts must be reasonably satisfactory to the Agent. The Agent is entitled to rely conclusively on any Person’s person's request for Revolving Loans on behalf of the Borrower, so long as the proceeds thereof are to be transferred to the Designated Account or to another account designated by the Borrower in writingAccount. The Agent has 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 its behalf.

Reliance upon Authority. On or prior (i) Prior to the Closing Date, the Borrower shall deliver to the Agent Agent, a notice setting forth the account of the Borrower (such account, together with any replacement account, the “Designated Account”) to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested hereunder unless otherwise directed in writing by the Borrowerhereunder. The Borrower may designate a replacement account from time to time by written notice from a Responsible Officer. All such Designated Accounts must be reasonably satisfactory to the Agent. . (ii) The Agent is entitled to rely conclusively on any Personperson’s request for Revolving Loans on behalf of the Borrower, so long as the proceeds thereof are to be transferred to the Designated Account or to another account designated by the Borrower in writingAccount. The Agent has 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 its behalf.