Common use of AUTOMATIC AUTHORIZATION Clause in Contracts

AUTOMATIC AUTHORIZATION. In the absence of specific written direction to the contrary, U.S. Bank is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Account. The U.S. Bank Money Market Account is a permitted investment under the operative documents and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.

AUTOMATIC AUTHORIZATION. In the absence of specific written direction to the contrarycontrary as may be authorized under the governing agreement, U.S. Bank or U.S. Bank Trust National Association is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Deposit Account. The Customer confirms that the U.S. Bank Money Market Deposit Account is a permitted investment under the operative documents governing agreement and this authorization is the permanent direction for investment of the moneys until U.S. Bank is notified in writing of alternate instructions.

AUTOMATIC AUTHORIZATION. In the absence of specific written direction to the contrary, U.S. Bank is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Account. The U.S. Bank Money Market Account is a permitted investment under the operative documents and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.

AUTOMATIC AUTHORIZATION. In the absence of specific written direction to the contrary, U.S. Bank is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Account. The U.S. Bank Money Market Account is a permitted investment under the operative documents and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.. Current Assets are equal to the sum of the following line items on the Preliminary Closing Balance Sheet and the Final Closing Balance Sheet, as applicable:

AUTOMATIC AUTHORIZATION. In the absence of specific written direction to the contrarycontrary as may be authorized under the governing agreement, U.S. Bank or U.S. Bank Trust National Association is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Deposit Account. The Customer confirms that the U.S. Bank Money Market Deposit Account is a permitted investment under the operative documents governing agreement and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.until

AUTOMATIC AUTHORIZATION. In the absence of specific written direction to the contrary, U.S. Bank is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Account. The U.S. Bank Money Market Account is a permitted investment under the operative documents and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.The

AUTOMATIC AUTHORIZATION. In the absence of specific written direction Joint Written Direction to the contrary, U.S. Bank is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Account. The U.S. Bank Money Market Account is a permitted investment under the operative documents and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.