Common use of Confirmation of Authority; Execution of Releases Clause in Contracts

Confirmation of Authority; Execution of Releases. Without in any manner limiting Agent’s authority to act without any specific or further authorization or consent by Lenders (as set forth in Section 24(h)(i)), each Lender agrees to confirm in writing, upon request by Agent or Grantor, the authority to release any Collateral conferred upon Agent under clauses (A) and (B) of Section 24(h)(i). Upon receipt by Agent of any required confirmation from the Lenders of its authority to release any particular item or types of Collateral, and upon at least ten (10) Business Days’ prior written request by Grantor, Agent shall (and is hereby irrevocably authorized by Lenders to) execute such documents as may be necessary to evidence the release of the liens granted to Agent upon such Collateral; provided, however, that (A) Agent shall not be required to execute any such document on terms which, in Agent’s opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such liens without recourse or warranty, and (B) such release shall not in any manner discharge, affect or impair the Obligations or any liens upon (or obligations of Grantor, in respect of), all interests retained by Grantor, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral.

Confirmation of Authority; Execution of Releases. Without in any manner limiting Agent’s 's authority to act without any specific or further authorization or consent by Lenders (as set forth in Section 24(h)(ithis subsection 9.2.8(a)), each Lender agrees to confirm in writing, upon request by Agent or GrantorBorrowers, the authority to release any Collateral conferred upon Agent under clauses (A) and (B) of Section 24(h)(i)Agent. Upon receipt by Agent of any required confirmation from the Requisite Lenders of its authority to release any particular item or types of Collateral, and upon at least ten (10) Business Days’ Days prior written request by GrantorBorrowers, Agent shall (and is hereby irrevocably authorized by Lenders to) execute such documents as may be necessary to evidence the release of the liens granted to Agent upon such Collateral; provided, however, that (Ai) Agent shall not be required to execute any such document on terms which, in Agent’s 's opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such liens without recourse or warranty, and (Bii) such release shall not in any manner discharge, affect or impair the Indebtedness or Obligations or any liens upon (or obligations of Grantorany Lender, in respect of), all interests retained by Grantorany Lender, including (without limitation) the proceeds of any sale, all of which shall continue to constitute part of the Collateral.

Confirmation of Authority; Execution of Releases. Without in any manner limiting Agent’s authority to act without any specific or further authorization or consent by Lenders (as set forth in Section 24(h)(i))▇▇▇▇▇▇▇, each Lender ▇▇▇▇▇▇ agrees to confirm in writing, upon request by Agent or GrantorBorrower, the authority to release any Collateral conferred upon Agent. To the extent Agent under clauses (A) and (B) of Section 24(h)(i). Upon receipt by Agent of any required confirmation from the Lenders of its authority agrees to release any particular item Lien granted to or types of Collateralheld by Agent as authorized, and upon at least ten (10a) Business Days’ prior written request by Grantor, Agent shall (and is hereby irrevocably authorized by Lenders ▇▇▇▇▇▇▇ to) , execute such documents as may be necessary to evidence the release of the liens Liens granted to Agent, for the benefit of Agent and Lenders, upon such Collateral; provided, however, that (A) Agent shall not be required to execute any such document on terms which, in Agent’s opinion, would expose Agent to liability or create upon Agent any obligation or entail any consequence other than the release of such liens Liens without recourse or warranty, and (Bb) Borrower shall provide at least five (5) Business Days prior written notice of any request for any document evidencing such release of the Liens and Borrower agrees that any such release shall not in any manner discharge, affect or impair the Obligations or any liens Liens granted to Agent on behalf of Agent and Lenders upon (or obligations of Grantorany Loan Party, in respect of), ) all interests retained by Grantorany Loan Party, including including, without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Collateralproperty covered by this Agreement or the Loan Documents.

Confirmation of Authority; Execution of Releases. Without in any manner limiting Agent’s 's authority to act without any specific or further authorization or consent by Lenders (as set forth in Section 24(h)(ithis subsection 8.2.8(a)), each Lender agrees to confirm in writing, upon request by Agent or GrantorBorrowers, the authority to release any Collateral conferred upon Agent under clauses (A) and (B) of Section 24(h)(i)Agent. Upon receipt by Agent of any required confirmation from the Requisite Lenders of its authority to release any particular item or types of Collateral, and upon at least ten (10) Business Days’ Days prior written request by GrantorBorrowers, Agent shall (and is hereby irrevocably authorized by Lenders to) execute such documents as may be necessary to evidence the release of the liens granted to Agent upon such Collateral; provided, however, that (Ai) Agent shall not be required to execute any such document on terms which, in Agent’s 's opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such liens without recourse or warranty, and (Bii) such release shall not in any manner discharge, affect or impair the Indebtedness or Obligations or any liens upon (or obligations of Grantorany Lender, in respect of), all interests retained by Grantorany Lender, including (without limitation) the proceeds of any sale, all of which shall continue to constitute part of the Collateral.

Confirmation of Authority; Execution of Releases. Without in any manner limiting Agent’s 's authority to act without any specific or further authorization or consent by Lenders the Noteholders (as set forth in Section 24(h)(i14.08(a)), each Lender Noteholder agrees to confirm in writing, upon request by Agent or Grantorthe Company, the authority to release any Collateral conferred upon Agent under clauses (Ax), (y) and (Bz) of Section 24(h)(i14.08(a). Upon receipt by Agent of any required confirmation from the Lenders Required Holders of its authority to release any particular item or types of Collateral, and upon at least ten (10) Business Days’ ' prior written request by Grantorthe Company, Agent shall (and is hereby irrevocably authorized by Lenders the Noteholders to) execute such documents as may be necessary to evidence the release of the liens Liens granted to Agent upon such Collateral; providedPROVIDED, howeverHOWEVER, that (Ax) Agent shall not be required to execute any such document on terms which, in Agent’s 's opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such liens Liens without recourse or warranty, and (By) such release shall not in any manner discharge, affect or impair the Obligations or any liens Liens upon (or obligations of Grantor, any Issuer in respect of), ) all interests retained by Grantorany Issuer, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral.