Common use of AUTHORIZATION AND INSTRUCTION Clause in Contracts

AUTHORIZATION AND INSTRUCTION. Pledgors hereby authorize and instruct each Pledged Entity listed on Part B of Schedule I hereto and CoBank, ACB with respect to the CoBank stock listed on Part A of Schedule I to comply with any instruction received by it from Agent without any further order or further consent or instructions from Pledgors and Pledgors agree that each Pledged Entity shall be fully protected in so complying.

Appears in 2 contracts

Sources: Credit Agreement (Agway Inc), Credit Agreement (Agway Inc)