Common use of Actions of the Borrower Clause in Contracts

Actions of the Borrower. Each Borrower hereby appoints each other Borrower to act as its agent for all purposes under the Loan Documents (including, without limitation, with respect to all matters related to the borrowing and repayment of Loans and the issuance of Letters of Credit). Each Borrower acknowledges and agrees that (i) one Borrower may execute such documents as such Borrower deems appropriate in its sole discretion, and with respect to any such document executed by only one Borrower, each Borrower shall be bound by and obligated by all of the terms of any such document, (ii) any notice or other communication delivered by the Administrative Agent or any Lender hereunder to any Borrower shall be deemed to have been delivered to each Borrower and (iii) the Administrative Agent and the Lenders shall accept (and shall be permitted to rely on) any document or agreement executed by each Borrower or any Borrower individually. Each Borrower agrees that any action taken by one Borrower without the consent of, or notice to, any other Borrower shall not release or discharge any Borrower from its obligations hereunder.

Actions of the Borrower. Each Borrower hereby appoints each other Borrower to act as its agent for all purposes under the Loan Documents (including, without limitation, with respect to all matters related to the borrowing and repayment of Loans and the issuance of Letters of CreditLoans). Each Borrower acknowledges and agrees that (i) one Borrower may execute such documents as such Borrower deems appropriate in its sole discretion, and with respect to any such document executed by only one Borrower, each Borrower shall be bound by and obligated by all of the terms of any such document, (ii) any notice or other communication delivered by the Administrative Agent or any Lender hereunder to any Borrower shall be deemed to have been delivered to each Borrower and (iii) the Administrative Agent and the Lenders shall accept (and shall be permitted to rely on) any document or agreement executed by each Borrower or any Borrower individually. Each Borrower agrees that any action taken by one Borrower without the consent of, or notice to, any other Borrower shall not release or discharge any Borrower from its obligations hereunder.

Actions of the Borrower. Each Borrower of the Borrowers hereby appoints each the other Borrower to act as its agent for all purposes under the Loan Documents (including, without limitation, with respect to all matters related to the borrowing and repayment of Loans as described in Articles II. and the issuance of Letters of CreditIII.). Each Borrower of the Borrowers acknowledges and agrees that (ia) one Borrower may execute such documents on behalf of the other Borrower as such Borrower deems appropriate in its sole discretion, discretion and with respect to any such document executed by only one Borrower, each Borrower shall be bound by and obligated by all of the terms of any such documentdocument executed by either Borrower, (iib) any notice or other communication delivered by the Administrative Agent or any Lender hereunder to any Borrower CRT shall be deemed to have been delivered to each Borrower and (iiic) the Administrative Agent and each of the Lenders shall accept (and shall be permitted to rely on) any document or agreement executed by either Borrower on behalf of the Borrower collectively, or each Borrower or any Borrower individually. Each Borrower agrees that any action taken by one Borrower without the consent of, or notice to, any the other Borrower shall not release or discharge any either Borrower from its obligations hereunder.

Actions of the Borrower. Each Borrower hereby appoints each the other Borrower to act as its agent for all purposes under the Loan Documents (including, without limitation, with respect to all matters related to the borrowing and repayment of Loans and the issuance of Letters of Credit). Each Borrower acknowledges and agrees that (ia) one Borrower may execute such documents as such Borrower deems appropriate in its sole discretion, and with respect to any such document executed by only one Borrower, each Borrower shall be bound by and obligated by all of the terms of any such document, (iib) any notice or other communication delivered by the Administrative Agent or any Lender hereunder to any either Borrower shall be deemed to have been delivered to each Borrower and (iiic) the Administrative Agent and the Lenders shall accept (and shall be permitted to rely on) any document or agreement executed by each Borrower both Borrowers or any either Borrower individually. Each Borrower agrees that any action taken by one Borrower without the consent of, or notice to, any the other Borrower shall not release or discharge any either Borrower from its obligations hereunder.