Common use of TELEPHONE AUTHORIZATION Clause in Contracts

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by the individual signer(s) of this Agreement or a person or persons authorized by the signer(s) of this Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 28018-00865, or such other accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person authorized by a signer. This indemnity and excuse will survive this Agreement's termination.

Appears in 2 contracts

Samples: Business Loan Agreement (Flir Systems Inc), Business Loan Agreement (Flir Systems Inc)

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TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by the individual signer(s) of this Agreement or a person or persons authorized by the signer(s) of this Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 2801828013-0086500537, or such other accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person authorized by a signer. This indemnity and excuse will survive this Agreement's termination.

Appears in 2 contracts

Samples: Business Loan Agreement (Gardenburger Inc), Business Loan Agreement (Wholesome & Hearty Foods Inc)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by any one of the individual signer(s) of this Agreement or a person or persons authorized in writing by any one of the signer(s) of this the Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the BorrowerBorrower 1's account number 28018-00865account, or such other accounts with the Bank as designated in writing by the BorrowerBorrowers. (c) The Borrower indemnifies Borrowers indemnify and excuses excuse the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person any individual authorized by a signerthe Borrowers to give such instructions. This indemnity and excuse will survive this Agreement's termination.

Appears in 1 contract

Samples: Savings Plan and Trust Agreement (California Water Service Group)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by any one of the individual signer(s) of this Agreement or a person or persons authorized in writing by any one of the signer(s) of this the Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the BorrowerAshworth's account number 2801800000-0086500074, or such other accounts with the Bank as designated in writing by the BorrowerBorrowers. (c) The Borrower indemnifies Borrowers indemnify and excuses excuse the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person any individual authorized by a signerthe Borrowers to give such instructions. This indemnity and excuse will survive this Agreement's termination.

Appears in 1 contract

Samples: Business Loan Agreement (Ashworth Inc)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by the individual signer(s) of this Agreement or a person or persons authorized by the signer(s) of this Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 2801828013-0086500995, or such other accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person authorized by a signer. This indemnity and excuse will survive this Agreement's termination.

Appears in 1 contract

Samples: Business Loan Agreement (Advanced Machine Vision Corp)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or and repayments or for the designation of optional interest rates given by the individual signer(s) of this Agreement or a person or persons authorized by the signer(s) of this Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 28018-008652801300995, or such other accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, employees and agents) for, from and against all liability, loss, loss and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person authorized by a signer. This indemnity and excuse will survive this Agreement's termination.

Appears in 1 contract

Samples: Business Loan Agreement (Advanced Machine Vision Corp)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by any one of the individuals authorized to sign loan agreements on behalf of the Borrower, or any other individual signer(s) designated by any one of this Agreement or a person or persons such authorized by the signer(s) of this Agreementsigners. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 28018-00865317499644, or such other of the Borrower's accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person any individual authorized by a signer. This indemnity and excuse will survive this Agreement's terminationthe Borrower to give such instructions.

Appears in 1 contract

Samples: Credit Agreement (FFP Partners L P)

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TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional Of Optional interest rates given by any one of the individual signer(s) of this Agreement or a person or persons authorized by any one of the signer(s) of this Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 28018-008652605400143, or such other accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person any individual authorized by a signer. This indemnity and excuse will survive this Agreement's terminationthe Borrower to give such instructions.

Appears in 1 contract

Samples: Business Loan Agreement (Temtex Industries Inc)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by the individual signer(s) of this Agreement or a person or persons authorized by the signer(s) of this Agreement. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 28018-0086528013 00537, or such other accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person authorized by a signer. This indemnity and excuse will survive this Agreement's termination.

Appears in 1 contract

Samples: Business Loan Agreement (Gardenburger Inc)

TELEPHONE AUTHORIZATION. (a) The Bank may honor telephone instructions for advances or repayments or for the designation of optional interest rates given by any one of the individuals authorized to sign loan agreements on behalf of the Borrower, or any other individual signer(s) designated by any one of this Agreement or a person or persons such authorized by the signer(s) of this Agreementsigners. (b) Advances will be deposited in and repayments will be withdrawn from the Borrower's account number 2801806004-0086512147, or such other of the Borrower's accounts with the Bank as designated in writing by the Borrower. (c) The Borrower indemnifies and excuses the Bank (including its officers, employees, and agents) for, from and against all liability, loss, and costs in connection with any act resulting from telephone instructions it reasonably believes are made by a signer of this Agreement or a person any individual authorized by a signerthe Borrower to give such instructions. This indemnity and excuse will survive this Agreement's termination.

Appears in 1 contract

Samples: Business Loan Agreement (Channell Commercial Corp)

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