Common use of Test Word Clause in Contracts

Test Word. Test Words must contain at least 8 alphanumeric characters, and should be established at document execution and changed each time the List of Authorized Signers/Approvers is updated. All instructions should clearly display the Test Word, which may be used in lieu of a callback to confirm the authenticity of the instruction. However, Escrow Agent reserves the right to perform the callback in addition to the Test Word if circumstances warrant.

Appears in 4 contracts

Samples: Investment and Tender Offer Agreement (Global Aviation Leasing Co., Ltd.), Investment and Tender Offer Agreement (Avolon Holdings LTD), Deposit Escrow Agreement (Avolon Holdings LTD)

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Test Word. Test Words must contain at least 8 alphanumeric characters, and should be established at document execution and changed each time the List of Authorized Signers/Approvers is updated. All instructions should clearly display the Test Word, which may be used in lieu of a callback to confirm the authenticity of the instruction. However, Escrow Agent Deposit Bank reserves the right to perform the callback in addition to the Test Word if circumstances warrant.

Appears in 2 contracts

Samples: Letter of Credit and Reimbursement Agreement, Letter of Credit and Reimbursement Agreement (NRG Energy, Inc.)

Test Word. Test Words must contain at least 8 alphanumeric characters, and should be established at document execution and changed each time the List of Authorized Signers/Approvers Signers is updated. All instructions should clearly display the Test Word, which may be used in lieu of a callback to confirm the authenticity of the instruction. However, Escrow Agent the Depositary reserves the right to perform the callback in addition to the Test Word if circumstances warrant.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Enviva Partners, LP)

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Test Word. Test Words must contain at least 8 alphanumeric characters, and should be established at document execution and changed each time the List of Authorized Signers/Approvers is updated. All instructions should clearly display the Test Word, which may be used in lieu of a callback to confirm the authenticity of the instruction. However, Escrow Agent Bank reserves the right to perform the callback in addition to the Test Word if circumstances warrant.

Appears in 1 contract

Samples: 2002 Master Agreement (FS Investment Corp III)

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