Common use of No Revocation Clause in Contracts

No Revocation. The Borrower shall not revoke any direction or authorization required or authorized to be given to the collection bank(s) and Agent pursuant to Article 2 or elsewhere herein unless authorized pursuant to an arbitration award made in an arbitration proceeding to which Lakes and the Borrower are parties.

No Revocation. The Borrower shall not revoke any direction or authorization required or authorized to be given to the collection bank(s) and Agent pursuant to Article 2 or elsewhere herein unless authorized pursuant to an arbitration award made in an arbitration proceeding to which Great Lakes and the Borrower are parties.