Common use of The Agent may Clause in Contracts

The Agent may. (A) assume that: (i) any representation made by the Borrower in connection herewith is true; (ii) no event which is or may become an Event of Default or Potential Event of Default has occurred; and (iii) the Borrower is not in breach of or default under its obligations hereunder unless it has actual notice to the contrary from any Party; (B) (i) assume that the facility office of each Lender is that identified with its signature below until it has received from such Lender a notice designating some other office of such Lender to replace its facility office and act upon any such notice until the same is superseded by a further such notice; and

The Agent may. (A) assume that: (i) any representation made by the Borrower any Obligor in connection herewith is true; (ii) no event which is or may become an Event of Default or Potential Event of Default has occurred; andand 74 71 (iii) the Borrower no Obligor is not in breach of or default under its obligations hereunder unless it has actual notice to the contrary from any Party; (B) (i) assume that the facility office of each Lender is that identified with its signature below until it has received from such Lender a notice designating some other office of such Lender to replace its facility office and act upon any such notice until the same is superseded by a further such notice; and