Common use of Certificates of Authorized Persons Clause in Contracts

Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Written Instructions of such present Authorized Persons.

Appears in 7 contracts

Samples: Master Transaction Agreement (American International Group Inc), Coordination Agreement (American International Group Inc), Coordination Agreement (Metlife Inc)

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Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Written Instructions of such present Authorized Persons.

Appears in 3 contracts

Samples: Master Transaction Agreement (Radian Group Inc), Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Credit Agreement (Mercury General Corp)

Certificates of Authorized Persons. The Secured Party Representative and the Pledgor agree to furnish to the Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate of Authorized Persons is received, the Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon the Written Instructions of such present Authorized Persons.

Appears in 3 contracts

Samples: Security Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc)

Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Oral Instructions and Written Instructions of such the then present Authorized Persons.

Appears in 3 contracts

Samples: Master Agreement, Securities Account Control Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

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Certificates of Authorized Persons. Secured Party and Pledgor agree to furnish to Securities Intermediary and Pledge Collateral Agent a new Certificate of Authorized Persons in the event of any change in the then present Authorized Persons. Until such new Certificate is received, Securities Intermediary and Pledge Collateral Agent shall be fully protected in acting upon Written Instructions of such the then present Authorized Persons.

Appears in 2 contracts

Samples: Collateral Account Control Agreement (Guggenheim Taxable Municipal Managed Duration Trust), Collateral Account Control Agreement (Advent Claymore Convertible Securities & Income Fund)

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