Banking Authority Sample Clauses

Banking Authority. The Chief Financial Officer or the Treasurer of the Company and another person who is either the Chairman, Chief Executive Officer, President, Chief Financial Officer, Treasurer or Secretary of the Partnership, acting together (“Authorized Officers”) are hereby authorized to designate any banking, trust or other financial institution as a depository of the Company and are authorized and directed to open one or more accounts with such institutions and any such financial institutions is hereby entitled to treat as a valid exercise of the authority hereby granted, any letter executed by the Authorized Officers acting on behalf of the Company, and shall further be entitled to rely upon the certificate of the Secretary or any Assistant Secretary of the Company acting on behalf of the Company with respect to the identification of the name and signature of each Authorized Officer and to assume that the person named in any such certificate has retained his position until notified to the contrary.

Banking Authority. The Company shall have prepared all necessary documentation required by each bank at which the Company holds accounts to change the signatory authority on each account as specified by the Buyer.

Banking Authority. The Company and the Seller agree to enter into any new banking arrangements as requested by the Buyer on the Closing Date, including but not limited to new signature cards for depositing, withdrawing and effecting other banking transactions.

Banking Authority. Notwithstanding anything herein to the contrary, Golden Matrix has the sole right to designate one or more individuals (the “Banking Representative”, whether one or more), who shall be one of the Golden Matrix Directors unless Golden Matrix designates a different individual as Banking Representative from time to time, who will have exclusive authority in connection with the Company’s banking and other financial accounts and controlling and/or directing Company funds. No action may be taken by the Board or other representative of the Company in connection with the Company’s banking authority without the express written consent of the Banking Representative.

Banking Authority. Notwithstanding any other provisions contained in this lease, in the event the Tenant is closed or taken over by the banking authority of the State of Nebraska, or other bank supervisory authority, the Landlord may terminate the lease only with the concurrence of such banking authority or other bank supervisory authority, and any such authority shall in any event have the election either to continue or to terminate the Lease: Provided, that in the event this Lease is terminated, the maximum claim of Lessor for damages or indemnity for injury resulting from the rejection or abandonment of the unexpired term of the lease shall in no event be in an amount exceeding the rent reserved by the lease, without acceleration, for the year next succeeding the date of the surrender of the Premises to the Lessor, or the date of re-entry of the Lessor, whichever first occurs, whether before or after the closing of the bank, plus an amount equal to the unpaid rent accrued, without acceleration up to such date.

Banking Authority. Open, maintain and close bank accounts and execute and deliver all checks, drafts or other orders for payment of funds belonging to the Company;