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 (Tower International, Inc.), Credit and Guaranty Agreement (Tower Automotive, LLC), Loan 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: Loan and Guaranty Agreement, And Guaranty Agreement (Tower Automotive Inc), 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: Loan and Guaranty Agreement (Collins & Aikman Corp)
