Authorization to Tenants Sample Clauses

Authorization to Tenants. Grantor hereby irrevocably agrees and directs that the Tenant under each Lease shall, upon demand and notice from Administrative Agent that Administrative Agent has revoked the license contained in Section 8 hereof, pay all Rents under such Lease to Administrative Agent, for the ratable behalf of the Loan Parties, without liability on the part of such Tenant for determining the validity or propriety of Administrative Agent’s revocation of such license, and notwithstanding any claim by Grantor that Administrative Agent’s revocation of such license is invalid or improper. Grantor shall have no claim against any such Tenant for any Rents or other sums paid by such Tenant to Administrative Agent.
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Authorization to Tenants. Upon notice from the Assignee that it is exercising the remedy set forth in Section 19(b) hereof, the tenants under the Leases are hereby irrevocably authorized and directed to pay to the Assignee all sums due under the Leases, and the Assignor hereby consents and directs that said sums shall be paid to the Assignee without the necessity for a judicial determination that an Event of Default has occurred hereunder or that the Assignee is entitled to exercise its rights hereunder, and to the extent such sums are paid to the Assignee, the Assignor agrees that the tenant shall have no further liability to the Assignor for the same. The signature of the Assignee alone shall be sufficient for the exercise of any rights under this Assignment and the receipt of the Assignee alone for any sums received shall be a full discharge and release therefor to any such tenant or occupant of the Mortgaged Property. Checks for all or any part of the Rents collected under this Assignment shall upon notice from the Assignee be drawn to the exclusive order of the Assignee.
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Authorization to Tenants. Each Tenant under any Lease is irrevocably authorized and directed to recognize the claims of American Family or any receiver appointed hereunder without investigating the reason for any action taken by American Family, or such receiver, or the validity or the amount of Indebtedness owing to American Family, or the existence of any default under or by reason of any of the Loan Documents or the application to be made by American Family or any receiver. Upon the occurrence of an Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, Borrower irrevocably directs and authorizes each such Tenant to pay to American Family or such receiver all sums due under any Lease without the necessity of a judicial determination that a default has occurred under any of the Loan Documents or that American Family is entitled to exercise its rights hereunder. Upon the occurrence of an Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, Borrower irrevocably directs and authorizes each such Tenant to pay to American Family all sums due under any Lease. To the extent such sums are paid to American Family, Borrower agrees that each such Tenant shall have no further liability to Borrower for the same. The sole signature of American Family or such receiver shall be sufficient for the exercise of any rights under this Assignment. The sole receipt of American Family or of such receiver for any sums received shall be a full discharge and release therefor to any such Tenant or occupants of the Premises. Checks for all or any part of the Rents collected under this Assignment shall, upon notice from American Family or such receiver, be drawn payable to the exclusive order of American Family or such receiver.
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Authorization to Tenants. The tenants under any of the Leases are hereby irrevocably authorized and directed to recognize the claims of Mortgagee or its assigns hereunder without investigating the reason for any action taken by Mortgagee, or the validity or the amount of indebtedness owing to Mortgagee, or the existence of any such event of default, or the application of the Rents to be made by Mortgagee. Mortgagor hereby irrevocably directs and authorizes each tenant to pay to Mortgagee all sums due under its Lease and consents and directs that said sums shall be paid to Mortgagee without the necessity for a judicial determination that any such event of default has occurred or that Mortgagee is entitled to exercise its rights hereunder, and to the extent such sums are paid to Mortgagee, Xxxxxxxxx agrees that the tenants shall have no further liability to Mortgagor for the same. The sole signature of Mortgagee shall be sufficient for the exercise of any rights under this Assignment and the sole receipt of Mortgagee for any sums received shall be a full discharge and release therefor to the tenants or occupants of the Mortgaged Property.
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Authorization to Tenants. Grantor hereby irrevocably agrees and directs that the lessee under any Lease shall, upon demand and notice from Administrative Agent that Administrative Agent has revoked the license contained in SECTION 7 hereof, pay all rents, income, and profits under such Lease to Administrative Agent, on behalf of the Lenders, without liability on the part of such lessee for determining the validity or propriety of Administrative Agent's revocation of such license, and notwithstanding any claim by Grantor that Administrative Agent's revocation of such license is invalid or improper. Grantor shall have no claim against any such lessee for any rents or other sums paid by such lessee to Administrative Agent.
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Authorization to Tenants. Xxxxxxxx Xxxxxxxxx irrevocably directs and authorizes the Tenants Tenant to pay to Lender or any receiver appointed under the Loan Documents all sums due under the Leases without any need for a judicial determination that Lender is entitled to exercise its right under the Rents Assignment or that an Event of Default has occurred, . The Tenants are irrevocably authorized and directed to recognize the claims of Lender or any such receiver without investigating (a) the reason for any action taken by Xxxxxx or such receiver; (b) the validity of the amount of indebtedness owing to Lender; (c) the existence of an Event of Default; or (d) the manner in which Lender or such receiver shall apply any money received. The Tenants Tenant shall have no further liability to Borrower Mortgagor for the Rents actually paid to Lender or such receiver. The signature of Lender or such receiver, without further signature or authorization, shall be sufficient for the exercise of any right under the Rents Assignment. The receipt by Lender or such receiver for any sums received shall be a full discharge and release for such sums to any of the Tenants or occupants of the Premises. Checks for all or any part of the Rent collected under the Rents Assignment shall, upon notice from Lender or such receiver, be payable to the exclusive order of Lender or such receiver.
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Related to Authorization to Tenants

  • Authorization to Sell You are to offer and sell shares only at the regular public price currently determined by the respective Funds in the manner described in their offering Prospectuses. This Agreement on your part runs to us and to the respective Funds and is for the benefit of and enforceable by each. The offering Prospectuses and this Agreement set forth the terms applicable to members of the Selling Group and all other representations or documents are subordinate. You understand that Class 529 shares of the Funds are available only as underlying investments through the Program.

  • Authorization to File Borrower hereby authorizes Bank to file UCC financing statements without notice to Borrower, with all appropriate jurisdictions, as Bank deems appropriate, in order to further perfect or protect Bank’s interest in the Collateral, including a notice that any disposition of the Collateral, by either the Borrower or any other Person, shall be deemed to violate the rights of the Bank under the Code.

  • Authorization; Approvals The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

  • AUTHORIZATION TO SUPPLEMENT If any Grantor shall obtain rights to any new trademarks, the provisions of this Trademark Security Agreement shall automatically apply thereto. Grantors shall give prompt notice in writing to Agent with respect to any such new trademarks or renewal or extension of any trademark registration. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize Agent unilaterally to modify this Trademark Security Agreement by amending Schedule I to include any such new trademark rights of each Grantor. Notwithstanding the foregoing, no failure to so modify this Trademark Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

  • Authorization and Approvals No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority is required for the due execution, delivery and performance by the Borrower, the Parent, or any Guarantor of the Credit Documents to which it is a party or the consummation of the transactions contemplated thereby. At the time of each Borrowing, no authorization or approval or other action by, and no notice to or filing with, any Governmental Authority will be required for such Borrowing or the use of the proceeds of such Borrowing the absence of which could reasonably be expected to cause a Material Adverse Change.

  • Authorization and Consents All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;

  • Authorizations and Approvals Each Borrower shall promptly obtain, from time to time at its own expense, all such Governmental Approvals as may be required to enable such Borrower to comply with its obligations, under the Loan Documents and its Constituent Documents, and to conduct its business in the customary fashion.

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