Common use of Trust Company Authorization Clause in Contracts

Trust Company Authorization. The Investor agrees that, with respect to each Closing Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, authorization and direction by the Investor to the Trust Company to take on behalf of the Lessor the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Hanover Compressor Co)

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Trust Company Authorization. The Investor agrees Investors agree that, with respect to the Closing Date and each Closing Funding Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, authorization and direction by the Investor Investors to the Trust Company to take on behalf of the Lessor the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Genentech Inc)

Trust Company Authorization. The Investor agrees Investors agree that, with respect to each Closing Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, authorization and direction by the Investor both Investors to the Trust Company to take on behalf of the Lessor the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Hanover Compressor Co)

Trust Company Authorization. The Each Investor agrees that, with --------------------------- respect to the Initial Closing Date and each Property Closing Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, authorization and direction by the such Investor to the Trust Company Company, in its capacity as Trustee, to take on behalf of the Lessor Lessor, the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Sailors Inc)

Trust Company Authorization. The Investor agrees Investors agree that, with respect to each Closing Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, authorization and direction by the Investor both Investors to the Trust Company Trustee to take on behalf of the Lessor the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Hanover Compression Inc)

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Trust Company Authorization. The Investor agrees that, with respect to the Initial Closing Date and each Property Closing Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, authorization and direction by the Investor to the Trust Company to take on behalf of the Lessor the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Kindercare Learning Centers Inc /De)

Trust Company Authorization. The Investor agrees that, with respect to each the Initial Closing Date and the Property Closing Date, the satisfaction or waiver of the conditions contained in Section 6 hereof shall constitute, without further act, the authorization and direction by the Investor to the Trust Company to take on behalf of the Lessor the actions specified in Section 2.1 of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Safeskin Corp)

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