Authorization to Slipsheet Sample Clauses
The 'Authorization to Slipsheet' clause grants one party the right to insert or replace specific pages, known as slipsheets, within a document after it has been executed. In practice, this may allow for the updating of schedules, exhibits, or other referenced materials without requiring the entire agreement to be re-signed. This clause streamlines the process of making minor, non-substantive changes, ensuring that documents remain current and accurate while minimizing administrative burdens.
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Authorization to Slipsheet. Borrower's legal counsel is authorized and directed to authorize Lender or its legal counsel to do any or all of the following: (i) to insert the effective date of the Loan Documents into each such document, (ii) to attach exhibits to the Loan Documents or other documents furnished to Lender or Lender's legal counsel in connection with the Loan, (iii) to substitute pages to the Loan Documents (as approved by Borrower's legal counsel), and (iv) insert executed signature pages into the final Loan Documents. In no event shall Borrower's consent be required with respect to any matter set forth in this Section 9.20.
Authorization to Slipsheet. Borrower’s legal counsel is authorized and directed to authorize Lender or its legal counsel to do any or all of the following: (i) to insert the effective date of the Loan Documents into each such document, (ii) to attach exhibits to the Loan Documents or other documents furnished by Borrower to Lender or Lender’s legal counsel in connection with the Loan, (iii) to substitute pages to the Loan Documents (as approved by Borrower’s legal counsel), and (iv) insert executed signature pages into the final Loan Documents. Except with respect to clause (iii) above, Borrower’s further consent shall not be required with respect to any matter set forth in this Section 9.20.