Common use of Administration by Agents Clause in Contracts

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. (b) Each of the Lenders and each Issuing Lender hereby authorizes the Administrative Agent, in its sole discretion:

Appears in 2 contracts

Samples: Credit Agreement (Hawaiian Holdings Inc), Credit and Guaranty Agreement (Delta Air Lines Inc /De/)

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Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. (b) Each of the Lenders and each Issuing Lender hereby authorizes the Administrative Agent, in its sole discretion:

Appears in 1 contract

Samples: Revolving Credit Agreement (Allegiant Travel CO)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. (b) Each of the Lenders and each Issuing Lender hereby authorizes the Administrative Agent, in its sole discretion:: #4835-7899-9450v13 #4834-7509-9972

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Jetblue Airways Corp)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.. #90303017v26 65 (b) Each of the Lenders and each Issuing Lender hereby authorizes the Administrative Agent, in its sole discretion:discretion to enter into the other Loan Documents on terms acceptable to the Administrative Agent and to perform its respective obligations thereunder.

Appears in 1 contract

Samples: Credit Agreement (Delta Air Lines Inc /De/)

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Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. (b) Each of the Lenders and each Issuing Lender hereby authorizes the Administrative Agent, in its sole discretion:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Jetblue Airways Corp)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent and the Collateral Agent as its agent agents and authorizes the Administrative Agent and the Collateral Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent and the Collateral Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. (b) Each of the Lenders and each Issuing Lender hereby authorizes the Administrative Agent, in its sole discretion:

Appears in 1 contract

Samples: Second Lien Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/)

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