Appointment and authorisation of the Agent. (a) Each other Finance Party appoints the Agent to act as its agent and trustee under and in connection with the Finance Documents (including, but not limited to the Security Documents). (b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.
Appears in 5 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Appointment and authorisation of the Agent. (a) Each other Finance Party appoints the Agent to act as its agent and trustee under and in connection with the Finance Documents (including, but not limited to the Security Documents).
(b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.
Appears in 4 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (North Atlantic Drilling Ltd.), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Appointment and authorisation of the Agent. (a) Each other Finance Party appoints the Agent to act as its agent and trustee under and in connection with the Finance Documents (including, but not limited to the Security Documents).
(b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.
Appears in 2 contracts
Samples: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)
Appointment and authorisation of the Agent. (a) Each other Finance Party appoints the Agent to act as its agent and trustee under and in connection with the Finance Documents (including, but not limited to the Security Documents).
(b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.
Appears in 1 contract
Samples: Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC)
Appointment and authorisation of the Agent. (a) Each other Finance Party appoints the Agent to act as its agent and trustee under and in connection with the Finance Documents (including, but not limited to the Security Documents).
(b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other reasonable incidental rights, powers, authorities and discretions.
Appears in 1 contract
Appointment and authorisation of the Agent. (a) Each other Finance Party appoints the Agent to act as its agent and trustee under and in connection with the Finance Documents (including, but not limited to the Security Documents).
(b) Each other Finance Party authorises the Agent to exercise the rights, powers, authorities and discretions specifically given to the Agent under or in connection with the Finance Documents together with any other incidental rights, powers, authorities and discretions.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)
