Common use of Agent’s Powers Clause in Contracts

Agent’s Powers. (a) Except as specifically set out in the Transaction Documents (including clause 18.5), the Agent may exercise its Powers under the Transaction Documents: (1) as it thinks fit in the best interests of the Financiers; and (2) without consulting with or seeking the instructions of all Financiers. (b) The exercise by the Agent of any Power in accordance with this clause 18 binds all of the Financiers.

Agent’s Powers. (a) Except as specifically set out in the Transaction Documents (including clause 18.5), the Agent may exercise its Powers under the Transaction Documents: (1) as it thinks fit in the best interests of the Financiers; and (2) without consulting with or seeking the instructions of all the Financiers. (b) The exercise by the Agent of any Power in accordance with this clause 18 binds all of the Financiers.

Agent’s Powers. (a) Except as specifically set out in the Transaction Finance Documents (including clause 18.5), the Agent may exercise its Powers under the Transaction Finance Documents: (1) as it thinks fit in the best interests of the FinanciersLenders; and (2) without consulting with or seeking the instructions of all Financiersthe Lenders. (b) The exercise by the Agent of any Power in accordance with this clause 18 binds all of the FinanciersLenders.

Agent’s Powers. (a) Except as specifically set out in the Transaction Documents (including clause 18.5‎16.5), the Agent may exercise its Powers under the Transaction Documents: (1) as it thinks fit in the best interests of the Financiers; and (2) without consulting with or seeking the instructions of all the Financiers. (b) The exercise by the Agent of any Power in accordance with this clause 18 ‎16 binds all of the Financiers.