Administration by Agent. Each of the Lenders and the Issuing Lender hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms of the Loan Documents, together with such actions and powers as are reasonably incidental thereto.
Appears in 3 contracts
Samples: Revolving Credit and Guaranty Agreement (Tower International, Inc.), First Lien Term Loan and Guaranty Agreement (Tower Automotive, LLC), Revolving Credit and Guaranty Agreement (Tower Automotive, LLC)
Administration by Agent. (a) Each of the Lenders and the Issuing Lender hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms of the Loan Documentshereof, together with such actions and powers as are reasonably incidental thereto.
Appears in 3 contracts
Samples: Revolving Credit, Term Loan and Guaranty Agreement, Revolving Credit, Term Loan and Guaranty Agreement (Tower Automotive Inc), Revolving Credit, Term Loan and Guaranty Agreement (Tower Automotive Inc)
Administration by Agent. Each of the Lenders and the Issuing Lender hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms of the Loan Documentshereof, together with such actions and powers as are reasonably incidental thereto.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Guaranty Agreement (Collins & Aikman Corp)
