Common use of Checks and Notes Clause in Contracts

Checks and Notes. All checks and drafts on the bank accounts of the Corporation, all bills of exchange and promissory notes of the Corporation, and all acceptances, obligations and other instruments for the payment of money drawn, signed or accepted by the Corporation, shall be signed or accepted, as the case may be, by such officer or officers, agent or agents as shall be thereunto authorized from time to time by the Board of Directors or by officers of the Corporation designated by the Board of Directors to make such authorization.

Checks and Notes. All checks and drafts on the Corporation’s bank accounts of the Corporation, and all bills of exchange and promissory notes of the Corporationnotes, and all acceptances, obligations and other instruments for the payment of money drawn, signed or accepted by the Corporationmoney, shall be signed or accepted, as the case may be, by such officer or officers, officers or agent or agents as shall be thereunto authorized from time to time by the Board of Directors or by officers of the Corporation designated by the Board of Directors to make such authorizationDirectors.

Checks and Notes. All checks and drafts on the Corporation's bank accounts of the Corporation, and all bills of exchange and promissory notes of the Corporationnotes, and all acceptances, obligations and other instruments for the payment of money drawn, signed or accepted by the Corporationmoney, shall be signed or accepted, as the case may be, by such officer Officer or officers, Officers or agent or agents as shall be thereunto duly authorized from time to time by the Board of Directors Directors; provided, that checks drawn on the Corporation's payroll, dividend and special accounts may bear the facsimile signatures, affixed thereto by a mechanical device, of such Officers or by officers of the Corporation designated by agents as the Board of Directors to make such authorizationmay authorize.