Common use of Additional Ministerial Powers of Administrative Agent Clause in Contracts

Additional Ministerial Powers of Administrative Agent. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any asset of CCHC or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to Section 12.1, which has been consented to by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cooperative Computing Inc /De/)

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Additional Ministerial Powers of Administrative Agent. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any asset of CCHC the Borrower or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to Section subsection 12.1, which has been consented to by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (International Wire Group Inc)

Additional Ministerial Powers of Administrative Agent. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any asset of CCHC or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable Accounts Receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to Section 12.1, which has been consented to by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cooperative Computing Inc /De/)

Additional Ministerial Powers of Administrative Agent. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any asset of CCHC Holdings or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable Accounts Receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to Section 12.1, which has been consented to by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Activant Solutions Inc /De/)

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Additional Ministerial Powers of Administrative Agent. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any asset of CCHC CCI or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to Section 12.1, which has been consented to by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cooperative Computing Inc /De/)

Additional Ministerial Powers of Administrative Agent. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any asset of CCHC the Company or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to Section 12.1subsection 11.1, which has been consented to by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (International Wire Group Inc)

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