Continuation of Authority of Agent. The authority of Agent to request loans on behalf of, and to bind, the Borrowers, shall continue unless and until Bank actually receives written notice of the termination of such authority.
Appears in 5 contracts
Sources: Loan and Security Agreement (Sonic Foundry Inc), Loan and Security Agreement (Skillsoft Public Limited Co), Loan and Security Agreement (Skillsoft Public Limited Co)
Continuation of Authority of Agent. The authority of Agent Holdings to request loans on behalf of, and to bind, the Borrowers, shall continue unless and until Bank actually receives written notice of the termination of such authority.
Appears in 1 contract
Sources: Loan and Security Agreement (Trustwave Holdings, Inc.)