Common use of Directions to the Manager Clause in Contracts

Directions to the Manager. All directions by or on behalf of the Company to the Manager shall be in writing signed by either one of the following officers: (i) [Chief Financial Officer] or (ii) [President]. The Manager shall be fully protected (i) in relying upon any direction in accordance with the previous paragraph with respect to any instruction, direction or approval of the Company, and shall be so protected also in relying upon a certification duly executed on behalf of the Company as to the names of persons authorized to act for it and in continuing to rely upon such certification until notified by the Company to the contrary; and (ii) in acting upon any instrument, certificate or paper believed by the Manager to be genuine and to be signed or presented by the proper persons or to any statement contained in any such writing and may accept the same as conclusive evidence of the truth and accuracy of the statements therein contained.

Directions to the Manager. All directions by or on behalf of the Company to the Manager shall be in writing signed by either one of the following officers: (i) [Chief Financial Officer] or , (ii) [President]Chief Risk officer or (iii) Chief Executive Officer. The Manager shall be fully protected (i) in relying upon any direction in accordance with the previous paragraph with respect to any instruction, direction or approval of the Company, and shall be so protected also in relying upon a certification duly executed on behalf of the Company as to the names of persons authorized to act for it and in continuing to rely upon such certification until notified by the Company to the contrary; and (ii) in acting upon any instrument, certificate or paper believed by the Manager to be genuine and to be signed or presented by the proper persons or to any statement contained in any such writing and may accept the same as conclusive evidence of the truth and accuracy of the statements therein contained.