Common use of Advances, Telephonic Notices Clause in Contracts

Advances, Telephonic Notices. Agent is authorized to record the principal amount of each Advance and each repayment with respect to its Advances on the schedules attached to the Notes; provided, however, that the failure to so record shall not affect the Borrower's obligations under the Notes. The Borrower authorizes the Lender to extend Advances and Agent to transfer funds based on telephonic notices made by any person or persons Agent in good faith believes to be acting on behalf of the Borrower. The Borrower agrees to deliver promptly to Agent a written confirmation, signed by an Authorized Officer, if such confirmation is requested by Agent, of each telephonic notice. If the written confirmation differs in any material respect from the action taken by Agent, (i) the telephonic notice shall govern absent manifest error and (ii) Agent shall promptly notify the Authorized Officer who provided such confirmation of such difference.

Advances, Telephonic Notices. Agent The Lender is authorized to record the principal amount of each Advance and each repayment with respect to its Advances on the schedules schedule attached to the NotesNote; provided, however, that the failure to so record shall not affect the Borrower's obligations under the NotesNote. The Borrower authorizes the Lender to extend Advances and Agent to transfer funds based on telephonic notices made by any person or persons Agent the Lender in good faith believes to be acting on behalf of the Borrower. The Borrower agrees to deliver promptly to Agent the Lender a written confirmation, signed by an Authorized Officer, if such confirmation is requested by Agentthe Lender, of each telephonic notice. If the written confirmation differs in any material respect from the action taken by Agentthe Lender, (i) the telephonic notice shall govern absent manifest error and (ii) Agent the Lender shall promptly notify the Authorized Officer who provided such confirmation of such difference.