Authorized Signature. Until Lender shall be notified in writing by any Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's officers, agents, or employees to be that of an officer of such Borrower or such other Credit Party shall bind such Borrower and such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's or such other Credit Party's Board of Directors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 7 contracts
Sources: Loan and Security Agreement (Ballantyne of Omaha Inc), Loan and Security Agreement (Harmony Holdings Inc), Loan and Security Agreement (Method Products Corp /De)
Authorized Signature. Until Lender shall be notified in writing by any Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's officers, agents, or employees to be that of an officer of such Borrower or such other Credit Party shall bind such Borrower and such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's or such other Credit Party's Board of Directors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 4 contracts
Sources: Energy Marketing Support Agreement (Gexa Corp), Loan and Security Agreement (Adams Golf Inc), Loan and Security Agreement (3do Co)
Authorized Signature. Until Lender shall be notified in writing by any a Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's ’s officers, agents, or employees to be that of a Credit Party or of an officer of such any Borrower or such other Credit Party shall bind such Borrower and or such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's ▇▇▇▇▇▇▇▇’s or such other Credit Party's Board ’s board of Directorsdirectors, and Lender ▇▇▇▇▇▇ shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 4 contracts
Sources: Loan Agreement (Dirtt Environmental Solutions LTD), Loan Agreement (Dirtt Environmental Solutions LTD), Loan Agreement (Dirtt Environmental Solutions LTD)
Authorized Signature. Until Lender shall be notified in writing by any Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's ’s officers, agents, or employees to be that of an officer of such Borrower or such other Credit Party shall bind such Borrower and such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's ’s or such other Credit Party's ’s Board of Directors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 3 contracts
Sources: Loan and Security Agreement (Cover All Technologies Inc), Term Loan, Guaranty and Security Agreement (Horizon Offshore Inc), Loan and Security Agreement (House of Taylor Jewelry, Inc.)
Authorized Signature. Until Lender shall be notified in writing by any Borrower -------------------- or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's officers, agents, or employees to be that of an officer of such Borrower or such other Credit Party shall bind such Borrower and such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's or such other Credit Party's Board of Directors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 2 contracts
Sources: Loan and Security Agreement (Zunicom Inc), Loan and Security Agreement (Salix Pharmaceuticals LTD)
Authorized Signature. Until Lender shall be notified in writing by any Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's ’s officers, agents, or employees to be that of a Credit Party or of an officer of such Borrower or such other Corporate Credit Party shall bind such Borrower and or such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's ’s or such other Corporate Credit Party's Board ’s board of Directorsdirectors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 1 contract
Sources: Loan Agreement (Vicinity Motor Corp)
Authorized Signature. Until Lender shall be notified in writing by any Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's ’s officers, agents, or employees to be that of a Credit Party or of an officer of such Borrower or such other Corporate Credit Party shall bind such Borrower and or such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's B▇▇▇▇▇▇▇’s or such other Corporate Credit Party's Board ’s board of Directorsdirectors, and Lender L▇▇▇▇▇ shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 1 contract
Sources: Loan Agreement (Vicinity Motor Corp)
Authorized Signature. Until Lender shall be notified in writing by any Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's ’s officers, agents, or employees to be that of a Credit Party or of an officer of such Borrower or such other Credit Party shall bind such Borrower and or such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's ’s or such other Credit Party's Board ’s board of Directorsdirectors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 1 contract
Authorized Signature. Until Lender shall be notified in writing by any a Borrower or any other Credit Party to the contrary, the signature upon any document or instrument delivered pursuant hereto and believed by Lender or any of Lender's ’s officers, agents, or employees to be that of a Credit Party or of an officer of such any Borrower or such other Credit Party shall bind such Borrower and or such other Credit Party and be deemed to be the act of such Borrower or such other Credit Party affixed pursuant to and in accordance with resolutions duly adopted by such Borrower's ’s or such other Credit Party's Board ’s board of Directorsdirectors, and Lender shall be entitled to assume the authority of each signature and authority of the person whose signature it is or appears to be unless the person acting in reliance thereon shall have actual knowledge to the contrary.
Appears in 1 contract