Common use of Designation of Agents Clause in Contracts

Designation of Agents. Except as otherwise expressly provided in this Trust Agreement, any statement, certificate, notice, request, consent, approval, or other instrument to be delivered or furnished by Grantor and/or Beneficiary shall be sufficiently executed if executed in the name of Grantor and/or Beneficiary by such officer or officers of Grantor and/or Beneficiary or by such other agent or agents of Grantor and/or Beneficiary as may be designated in a resolution or letter of advice by Grantor and/or Beneficiary. Written notice of such designation by Grantor and/or Beneficiary shall be filed with the Trustee. The Trustee shall be protected in acting upon any written statement or other instrument made by such officer or agent of Grantor and/or Beneficiary with respect to the authority conferred on him.

Designation of Agents. Except as otherwise expressly provided in this Trust Agreement, any statement, certificate, notice, request, consent, approval, or other instrument to be delivered or furnished by Grantor and/or Beneficiary a Beneficiary, as the case may be, shall be sufficiently executed if executed in the name of Grantor and/or such Beneficiary by such officer or officers of Grantor and/or Beneficiary such Beneficiary, or by such other agent or agents of Grantor and/or Beneficiary such Beneficiary, as may be designated in a resolution or letter of advice by Grantor and/or Beneficiarysuch Beneficiary (each such person, an “Authorized Representative”). Written notice of such designation by Grantor and/or such Beneficiary shall be filed with the Trustee. The Trustee shall be protected in acting upon any written statement or other instrument made by such officer or agent Authorized Representative of Grantor and/or such Beneficiary with respect to the authority conferred on himsuch person; provided, that each Beneficiary or its Authorized Representative may only represent its own respective interest.