Common use of Designated Person Clause in Contracts

Designated Person. Until Bank is notified by Borrower to the contrary in accordance with Section 9.4, the signature upon this Agreement or upon any of the Other Agreements of any partner, manager, employee or agent of Borrower, or of any other Person designated in writing to Bank by any of the foregoing, or of a "DESIGNATED PERSON" (as that term is defined in Borrower's Secretary's Certificate of even date herewith, constituting one of the Other Agreements) shall bind Borrower and be deemed to be the duly authorized act of Borrower.

Appears in 2 contracts

Samples: Loan Agreement (SPSS Inc), Loan Agreement (SPSS Inc)

AutoNDA by SimpleDocs

Designated Person. Until Bank is notified by Borrower to the contrary in accordance with Section 9.411.16, the signature upon this Agreement or upon any of the Other Agreements of any partner, manager, employee or agent of Borrower, or of any other Person designated in writing to Bank by any of the foregoing, or of a "DESIGNATED PERSONDesignated Person" (as that term is defined in Borrower's Secretary's Certificate of even date herewith, constituting one of the Other Agreements) Agreements shall bind Borrower and be deemed to be the duly authorized act of Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Lante Corp)

Designated Person. Until Bank is notified by Borrower to the contrary in accordance with Section 9.4, the signature upon this Agreement or upon any of the Other Agreements of any partner, manager, employee or agent of Borrower, or of any other Person designated in writing to Bank by any of the foregoing, or of a "DESIGNATED PERSONDesignated Person" (as that term is defined in Borrower's Secretary's Certificate of even date herewith, constituting one of the Other Agreements) shall bind Borrower and be deemed to be the duly authorized act of Borrower.'s

Appears in 1 contract

Samples: Loan Agreement (SPSS Inc)

AutoNDA by SimpleDocs

Designated Person. Until Bank is notified by Borrower to the contrary in accordance with Section 9.4, the signature upon this Agreement or upon any of the Other Agreements of any partner, managerofficer, employee or agent of Borrower, or of any other Person designated in writing to Bank by any of the foregoing, or of a "DESIGNATED PERSON" (as that term is defined in Borrower's Secretary's Certificate of even date herewith, constituting one of the Other Agreements) shall bind Borrower and be deemed to be the duly authorized act of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.