Common use of Execution of Note Documents Clause in Contracts

Execution of Note Documents. The Issuers hereby empower and authorize the Company, on behalf of the Issuers, to execute and deliver to the Administrative Agent and the Purchasers the Note Documents and all related agreements, certificates, documents, or instruments as shall be necessary or appropriate to effect the purposes of the Note Documents. Each Issuer agrees that any action taken by the Company or the Issuers in accordance with the terms of this Agreement or the other Note Documents, and the exercise by the Company of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Issuers.

Appears in 2 contracts

Sources: Note Purchase Agreement (Gauzy Ltd.), Note Purchase Agreement (Gauzy Ltd.)

Execution of Note Documents. The Issuers hereby empower and authorize the CompanyIssuer Representative, on behalf of the all Issuers, to execute and deliver to the Administrative Notes Agent and the Purchasers the Note Documents and all related agreements, certificates, documents, or instruments as shall be necessary or appropriate to effect the purposes of the Note Documents. Each Issuer agrees that any action taken by the Company Issuer Representative or the Issuers in accordance with the terms of this Agreement or the other Note Documents, and the exercise by the Company Issuer Representative of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of Issuers. Notes Agent and Purchasers are entitled to conclusively rely on any information provided by Issuer Representative on behalf of the Issuers.

Appears in 1 contract

Sources: Collateral Agency and Intercreditor Agreement (Property Solutions Acquisition Corp.)