Common use of Telephone and Telefax Authorization Clause in Contracts

Telephone and Telefax Authorization. (a) The Bank may honor telephone, telefax or e-mail instructions for repayments or prepayments given, or purported to be given, by any one of the Authorized Individuals. (b) The Borrower will fully indemnify and hold the Bank harmless from all liability, loss, and costs in connection with any act resulting from telephone, telefax or e-mail instructions the Bank reasonably believes are made by any Authorized Individual. This section will survive this Agreement’s termination, and will benefit the Bank and its officers, employees, and agents.

Telephone and Telefax Authorization. (a) The Bank may honor telephone, telephone or telefax or e-mail instructions for advances or repayments or prepayments given, or purported to be given, by any one of the Authorized Individuals. (b) The Borrower Borrowers will fully indemnify and hold the Bank harmless from all liability, loss, and costs in connection with any act resulting from telephone, telephone or telefax or e-mail instructions the Bank reasonably believes are made by any Authorized Individual. This section paragraph will survive this Agreement’s 's termination, and will benefit the Bank and its officers, employees, and agents.

Telephone and Telefax Authorization. (a) The Bank may honor telephone, telephone or telefax or e-mail instructions for Advances or for the issuance of Letters of Credit, or repayments or prepayments given, or purported to be given, by any one of the Authorized IndividualsRepresentatives. (b) The Borrower will fully Obligors hereby agree to indemnify and hold the Bank harmless from all liability, loss, and costs in connection with any act resulting from telephone, telephone or telefax or e-mail instructions the Bank reasonably believes are made by any Authorized IndividualRepresentatives. This section paragraph will survive this Agreement’s termination, and will benefit the Bank and its officers, employees, and agents.

Telephone and Telefax Authorization. (a) The Bank may honor telephone, telephone or telefax or e-mail instructions requests for repayments or prepayments the issuance of letters of credit given, or purported to be given, by any one of the Authorized Individuals. (b) The Borrower will fully indemnify and hold the Bank harmless from all liability, loss, and costs in connection with any act resulting from telephone, telephone or telefax or e-mail instructions the Bank reasonably believes are made by any Authorized Individual. This section paragraph will survive this Agreement’s termination, and will benefit the Bank and its officers, employees, and agents.