Common use of Reliance upon Authority Clause in Contracts

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following CLAUSES (i) and (ii), the Borrower shall deliver to the Agent a writing setting forth (i) the account of the Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested by the Borrower pursuant to this SECTION 2.2, and (ii) the names of the persons authorized to request Revolving Loans on behalf of the Borrower, and shall provide the Agent with a specimen signature of each such person. The Agent shall be entitled to rely conclusively on such person's authority to request Revolving Loans on behalf of the Borrower, the proceeds of which are to be transferred to any of the accounts specified by the Borrower pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers authorized by the Borrower to make such requests on its behalf.

Reliance upon Authority. On or The Borrowers shall deliver to the ----------------------- Agent, prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following CLAUSES (i) and (ii)Date, the Borrower shall deliver to the Agent a writing setting forth (i) the account of the Borrower Borrowers to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested by the Borrower pursuant to this SECTION Section 2.2, and (ii) which account shall be ----------- reasonably satisfactory to the names of the persons authorized to request Revolving Loans on behalf of the Borrower, and shall provide the Agent with a specimen signature of each such personAgent. The Agent shall be entitled to rely conclusively on such personany Person's authority to request for Revolving Loans on behalf of the either Borrower, the proceeds of which are to be transferred to any of the accounts account specified by the Borrower Borrowers pursuant to the immediately preceding sentence, until the Agent receives written notice from the Borrowers that the proceeds of the Revolving Loans are to the contrarybe sent to a different account. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers a person authorized by the any Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following CLAUSES (iI) and (iiII), the Borrower Borrowers shall deliver to the Agent a writing setting forth (i) the account, such account of being acceptable to the Borrower Agent, to which the Agent is authorized by the Borrowers to transfer the proceeds of the Revolving Loans requested by the Borrower pursuant to this SECTION 2.2, and (ii) the names of the persons individuals authorized to request Revolving Loans on behalf of the each Borrower, and shall provide the Agent with a specimen signature of each such personindividual. The Agent shall be entitled to rely conclusively on any such personindividual's authority to request Revolving Loans on behalf of the a Borrower, the proceeds of which are to be transferred to any of the accounts account specified by the Borrower Borrowers pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers authorized by the any Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following CLAUSES clauses (i) and (ii), the Borrower Phar-Mor shall deliver to the Agent a writing setting forth (i) the account of the each Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested by the Borrower pursuant to this SECTION 2.2Section 2.2 (which account shall be reasonably satisfactory to the Agent), and (ii) the names of the persons Responsible Officers authorized to request Revolving Loans on behalf of the BorrowerLoans, and shall provide the Agent with a specimen signature of each such personofficer. The Agent shall be entitled to rely conclusively on such personofficer's authority to request Revolving Loans on behalf of the any Borrower, the proceeds of which are to be transferred to any of the accounts specified by the Borrower Phar-Mor pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself himself as one of the officers Responsible Officers authorized by the Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following CLAUSES clauses (i) and (ii)) with respect to such Borrower, the each Borrower shall deliver to the Agent a writing setting forth (i) the account of the such Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested by the such Borrower pursuant to this SECTION Section 2.2, and (ii) the names of the persons officers authorized to request Revolving Loans on behalf of the such Borrower, and shall provide the Agent with a specimen signature of each such personofficer. The Agent shall be entitled to rely conclusively on such person's officer’s authority to request Revolving Loans on behalf of the applicable Borrower, the proceeds of which are to be transferred to any of the accounts specified by the such Borrower pursuant to the immediately preceding sentence, until the Agent receives written notice from such Borrower to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers authorized by the applicable Borrower to make such requests on its behalf.

Reliance upon Authority. On or prior to the Closing Date and thereafter prior to any change with respect to any of the information contained in the following CLAUSES clauses (i) and (ii), the Borrower shall deliver to the Agent a writing setting forth (i) the account of the Borrower to which the Agent is authorized to transfer the proceeds of the Revolving Loans requested by the Borrower pursuant to this SECTION Section 2.2, and (ii) the names of the persons authorized to request and take other actions with respect to Revolving Loans on behalf of the Borrower, and shall provide the Agent with a specimen signature of each such person. The Agent shall be entitled to rely conclusively on such person's authority to request Revolving Loans on behalf of the BorrowerBorrower (in the absence of manifest error), the proceeds of which are to be transferred to any of the accounts specified by the Borrower pursuant to the immediately preceding sentence, until the Agent receives written notice to the contrary. The Agent shall have no duty to verify the identity of any individual representing him or herself as one of the officers authorized by the Borrower to make such requests on its behalf.