Common use of Telephonic Notice Clause in Contracts

Telephonic Notice. Without in any way limiting the Borrower's obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender may act without liability upon the basis of telephonic notice believed by the Lender in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation.

Appears in 5 contracts

Samples: Loan and Security Agreement (Nu Tech Bio Med Inc), Loan and Security Agreement (Physicians Clinical Laboratory Inc), Loan and Security Agreement (Community Care of America Inc)

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Telephonic Notice. Without in any way limiting the Borrower's obligation to confirm in writing any telephonic notice of a borrowingnotice, conversion or renewal, the Lender may act without liability upon the basis of telephonic notice believed by the Lender in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation. In each case Borrower hereby waives the right to dispute Lender's record of the terms of such telephonic Notice of Rate Selection in the absence of manifest error.

Appears in 3 contracts

Samples: Loan Agreement (Techprecision Corp), Credit Agreement (Cell Genesys Inc), Credit Agreement (Vertex Pharmaceuticals Inc / Ma)

Telephonic Notice. Without in any way limiting the Borrower's Borrowers’ obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender may act without liability upon the basis of telephonic notice believed by the Lender in good faith to be from an Authorized Representative of any Borrower or the Borrower Representative prior to receipt of written confirmation.

Appears in 2 contracts

Samples: Loan and Security Agreement (BioScrip, Inc.), Loan and Security Agreement (BioScrip, Inc.)

Telephonic Notice. Without in any way limiting the any Borrower's obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender Agent may act without liability upon the basis of telephonic notice believed by the Lender Agent in good faith to be from an Authorized Representative of the any Borrower prior to receipt of written confirmation.

Appears in 2 contracts

Samples: Credit Agreement (Finlay Enterprises Inc /De), Credit Agreement (Finlay Fine Jewelry Corp)

Telephonic Notice. Without in any way limiting the Borrower's obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender Agent may act without liability upon the basis of telephonic notice believed by the Lender Agent in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation.

Appears in 2 contracts

Samples: Loan Agreement (Homeland Holding Corp), Credit Agreement (Finlay Enterprises Inc /De)

Telephonic Notice. Without in any way limiting the Borrower's Borrower Representative’s obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Agent and each Lender may act without liability upon the basis of telephonic notice believed by the Agent or such Lender in good faith to be from an Authorized Representative Officer or any other authorized representative of the Borrower Representative prior to receipt of written confirmation.

Appears in 1 contract

Samples: Loan and Security Agreement (Transcend Services Inc)

Telephonic Notice. Without in any way limiting the Borrower's Borrowers' obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender may act without liability upon the basis of telephonic notice believed by the Lender in good faith to be from an Authorized Representative of the Borrower Borrowers prior to receipt of written confirmation.

Appears in 1 contract

Samples: Loan and Security Agreement (Perennial Health Systems Inc)

Telephonic Notice. Without in any way limiting the Borrower's Borrowers' obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender may act without liability upon the basis of any such telephonic notice believed by the Lender in good faith to be from an Authorized Representative Officer or any other authorized representative of the a Borrower prior to receipt of written confirmation.

Appears in 1 contract

Samples: Loan and Security Agreement (Matria Healthcare Inc)

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Telephonic Notice. Without in any way limiting the Borrower's obligation to confirm in writing any telephonic notice of a borrowingnotice, conversion or renewal, the Lender may act without liability upon the basis of telephonic notice believed by the Lender in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation. In each case Borrower hereby waives the right to dispute Lender's record of the terms of such telephonic Notice of Interest Period Selection.

Appears in 1 contract

Samples: Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals Inc)

Telephonic Notice. Without in any way limiting the Borrower's obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender may act without liability upon the basis of telephonic notice believed by the Lender in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation.

Appears in 1 contract

Samples: Loan and Security Agreement (National Medical Health Card Systems Inc)

Telephonic Notice. Without in any way limiting the Borrower's obligation to confirm in writing any telephonic notice of a borrowingnotice, conversion or renewal, the Lender Bank may act without liability upon the basis of telephonic notice believed by the Lender Bank in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation. In each case Borrower hereby waives the right to dispute Bank's record of the terms of such telephonic Notice of Rate Selection in the absence of manifest error.

Appears in 1 contract

Samples: Commercial Loan Agreement (Micronetics Inc)

Telephonic Notice. Without in any way limiting the Borrower's ----------------- obligation to confirm in writing any telephonic notice of a borrowing, conversion or renewal, the Lender Agents may act without liability upon the basis of a telephonic notice believed by the Lender Agent in good faith to be from an Authorized Representative of the Borrower prior to receipt of written confirmation.

Appears in 1 contract

Samples: Credit Agreement (Cable Design Technologies Corp)

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