Common use of Appointment and Authorization Clause in Contracts

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 104 contracts

Samples: Credit Agreement (Rockwell Collins Inc), Credit Agreement (Target Corp), 364 Day Credit Agreement (Target Corp)

AutoNDA by SimpleDocs

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 60 contracts

Samples: Credit Agreement (Heinz H J Co), Credit Agreement (Duke Energy CORP), Credit Agreement (Pacificorp /Or/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Any reference to an agent for the Banks in, or in connection with, any Loan Document shall be a reference to the Agent.

Appears in 29 contracts

Samples: Credit Agreement (Credit Suisse Asset Management Income Fund, Inc.), Credit Agreement (Credit Suisse Asset Management Income Fund, Inc.), Credit Agreement (Credit Suisse Asset Management Income Fund, Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Credit Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 26 contracts

Samples: Term Loan Agreement (American Equity Investment Life Holding Co), Credit Agreement (Lincoln National Corp), Revolving Credit Agreement (Equitable Holdings, Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 25 contracts

Samples: Five Year Credit Agreement (Rockwell Automation Inc), Credit Agreement (Rockwell Automation Inc), Credit Agreement (Rockwell Automation Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 15 contracts

Samples: 364 Day Credit Agreement (Tyco International LTD /Ber/), 364 Day Credit Agreement (Tyco International LTD /Ber/), 364 Day Credit Agreement (Tyco International LTD /Ber/)

Appointment and Authorization. (a) Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 12 contracts

Samples: Term Loan Agreement, Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 11 contracts

Samples: Credit Agreement (Unova Inc), Credit Agreement (CNF Transportation Inc), Credit Agreement (Aes Corporation)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 11 contracts

Samples: Canadian Credit Agreement (Imc Global Inc), Credit Agreement (Trigon Healthcare Inc), Credit Agreement (New Aap LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 11 contracts

Samples: Credit Agreement (Harcourt General Inc), Credit and Reimbursement Agreement (Usf&g Corp), Credit Agreement (Harcourt General Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Notes, if any, as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 9 contracts

Samples: 364 Day Credit Agreement (Target Corp), 364 Day Credit Agreement (Target Corp), 364 Day Credit Agreement (Target Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Lead Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Lead Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Cabot Corp), Revolving Credit Agreement (Kilroy Realty Corp), Revolving Credit Agreement (Kilroy Realty Corp)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes hereunder as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto. Neither Agent nor any of its Affiliates, directors, officers, attorneys or employees shall be liable for any action taken or omitted to be taken by it or them hereunder or in connection herewith, except for its or their own gross negligence or willful misconduct.

Appears in 9 contracts

Samples: Credit Agreement (Nordson Corp), Credit Agreement (Nordson Corp), Term Loan Facility (Nordson Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Lead Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Lead Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Trinet Corporate Realty Trust Inc), Revolving Credit Agreement (Carramerica Realty Corp), Revolving Credit Agreement (Carramerica Realty Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent Administrative Agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 7 contracts

Samples: Short Term Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 7 contracts

Samples: Credit Agreement (Ingersoll-Rand PLC), Credit Agreement (Ingersoll Rand Co LTD), Credit Agreement (Ingersoll Rand Co LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 5 contracts

Samples: Credit Agreement (Universal City Development Partners LTD), Credit Agreement (Universal City Development Partners LTD), Credit Agreement (Universal City Development Partners LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 5 contracts

Samples: Credit Agreement (Elizabeth Arden Inc), Credit Agreement (Footstar Inc), Revolving Credit Agreement (Security Capital Atlantic Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Any reference to an agent for the Banks in, or in connection with, any Loan Document shall be a reference to the Agent.

Appears in 4 contracts

Samples: Credit Agreement (Blackrock Floating Rate Income Trust), Credit Agreement (Invesco High Income Trust II), Credit Agreement (Blackrock Debt Strategies Fund, Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 4 contracts

Samples: Credit Agreement (Blyth Inc), Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Aetna U S Healthcare Inc), Credit Agreement (Aetna Inc), Bridge Credit Agreement (Aetna U S Healthcare Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Carramerica Realty Corp), Revolving Credit Agreement (Carramerica Realty Corp), Credit Agreement (Meditrust Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers and perform such duties under this Agreement and the Notes Financing Documents as are expressly delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (CNF Inc), Credit Agreement (CNF Inc), Bridge Credit Agreement (Con-Way Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as administrative agent on its behalf and to exercise such powers under this Agreement and the Notes Loans as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Chubb Corp), Short Term Credit Agreement (Chubb Corp), Revolving Credit Agreement (Chubb Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto; provided, however, that the Agent shall not commence any legal action or proceeding before a court of law on behalf of any Bank without such Bank's prior written consent.

Appears in 3 contracts

Samples: Credit Agreement (Martin Marietta Materials Inc), Revolving Credit Agreement (Martin Marietta Materials Inc), 364 Day Credit Agreement (Martin Marietta Materials Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as its agent on its behalf and to exercise such powers under this Agreement the Loan Documents and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Ck Witco Corp), Credit Agreement (Ck Witco Corp), 364 Day Credit Agreement (Ck Witco Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Administrative Agent by the terms hereof or and thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Ace LTD), Term Loan Agreement (Ace LTD), Credit Agreement (Ace LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its such Bank's behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Aramark Corp), Credit and Guaranty Agreement (Aramark Corp), Credit and Guaranty Agreement (Aramark Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Letter of Credit Agreement (Venator Group Inc), Credit Agreement (Rite Aid Corp), Credit Agreement (Universal Health Services Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Meadwestvaco Corp), Credit Agreement (Hilton Hotels Corp), 364 Day Credit Agreement (Meadwestvaco Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: 364 Day Senior Credit Agreement (Orbital Sciences Corp /De/), Credit and Reimbursement Agreement (Orbital Sciences Corp /De/), Loan Agreement (Holly Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent and the Lead Arrangers to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent or the Lead Arrangers by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Venator Group Inc), Credit Agreement (Venator Group Inc), Credit Agreement (Venator Group Inc)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Hancock John Financial Services Inc), Credit Agreement (Hancock John Financial Services Inc)

Appointment and Authorization. Each Bank hereby irrevocably appoints appoints, designates and authorizes the Agent to take such action as agent on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers under this Agreement and the Notes perform such duties as are expressly delegated to the Agent it by the terms hereof of this Agreement or thereof, together with all such powers as are reasonably incidental thereto.any other Loan Document,

Appears in 2 contracts

Samples: 364 Day Revolving Credit Agreement (Deluxe Corp), 5 Year Revolving Credit Agreement (Deluxe Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. The Agent shall not have a fiduciary relationship in respect of any Bank by reason of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Arco Chemical Co), Credit Agreement (Arco Chemical Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each Agent to enter into and act as its agent in connection with the Agent Collateral Documents and to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Iomega Corp), Credit Agreement (United Auto Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto; provided, however, that the Agent shall not commence any legal action or proceeding before a court of law on behalf of any Bank without such Bank's prior consent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Martin Marietta Materials Inc), Revolving Credit Agreement (Martin Marietta Materials Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and Agreement, the Notes and each other Loan Document as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Term Credit Agreement (American Mobile Satellite Corp), Revolving Credit Agreement (American Mobile Satellite Corp)

Appointment and Authorization. Each Bank and ----------------------------- each Issuing Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Anheuser-Busch Companies, Inc.), Credit Agreement (Anheuser Busch Companies Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agents and the Servicing Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agents and the Servicing Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent Administrative Agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Armstrong World Industries Inc), Credit Agreement (Armstrong World Industries Inc)

Appointment and Authorization. Each Bank of the Banks irrevocably appoints the Agent as its agent and authorizes the Agent to take such action as agent actions on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such actions and powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Masco Corp /De/), Revolving Credit Agreement (Masco Corp /De/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each of the Agent and the Security Agent, each being referred to as an "Agent" for purposes of this Article, to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Pathology Building Partnership), Credit Agreement (Corning Clinical Laboratories Inc)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Kilroy Realty Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as administrative agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Sears Roebuck Acceptance Corp)

Appointment and Authorization. Each Lender and Issuing Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (DOVER Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this the Financing Documents and Collateral Agency and Intercreditor Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Each Bank hereby accepts and agrees to the terms of the Collateral Agency and Intercreditor Agreement.

Appears in 1 contract

Samples: Credit Agreement (United Asset Management Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Financing Documents as are delegated to the Agent by the terms hereof or and thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Reimbursement Agreement (Ace LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action act as agent on its behalf under this Liquidity Agreement, the Security Agreement and any Loan Notes and to exercise such powers under this Liquidity Agreement, the Security Agreement and the any such Loan Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Liquidity Agreement (PHH Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Dean Witter Discover & Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, thereof together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Gt Interactive Software Corp)

Appointment and Authorization. Each Bank hereby irrevocably appoints Xxxxxx Trust and Savings Bank its Agent under this Agreement and the other Loan Documents and hereby authorizes the Agent to take such action as agent Agent and on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (World Acceptance Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes, the Reimbursement Agreements and the Notes other transaction documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Shoe Carnival Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.other Loan Documents

Appears in 1 contract

Samples: Unsecured Loan Agreement (Iac Capital Trust)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.. 51

Appears in 1 contract

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Transaction Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are may be reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Shaw Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Transaction Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (May & Speh Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Operations Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Loan Documents as are delegated to the Operations Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Any reference to an agent for the Banks in, or in connection with, any Loan Document shall be a reference to the Operations Agent.

Appears in 1 contract

Samples: Credit Agreement (Baron Select Funds)

AutoNDA by SimpleDocs

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Letter of Credit as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Letter of Credit Agreement (Hancock John Financial Services Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent it by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Polaroid Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.. 27009/144/CA/ca

Appears in 1 contract

Samples: Credit Agreement (Quaker State Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action (including without limitation entering into the Security and Pledge Agreement) as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Qwest Communications International Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent and the Co-Lead Arrangers to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent or the Co-Lead Arrangers by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Foot Locker Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Lincoln National Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or and thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Without limiting the generality of the foregoing, each Bank irrevocably authorizes the Agent to enter into the Amended and Restated Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Coventry Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto; provided, however, that the Agents shall not commence any legal action or proceeding before a court of law on behalf of any Bank without such Bank’s prior consent.

Appears in 1 contract

Samples: Credit Agreement (Lockheed Martin Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such 50 56 Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Orbital Sciences Corp /De/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent and the Joint Lead Arrangers to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent or the Joint Lead Arrangers by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Foot Locker Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.are

Appears in 1 contract

Samples: Revolving Credit Agreement (Amb Property Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Security Capital Atlantic Inc)

Appointment and Authorization. Each Bank irrevocably hereby appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Mortgage Warehousing Loan and Security Agreement (American Home Mortgage Holdings Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Letter of Credit as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Reimbursement Agreement (K N Energy Inc)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes Security Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. The Agent may perform any of its duties hereunder by or through its agents or employees.

Appears in 1 contract

Samples: Credit Agreement (Precision Response Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Anheuser Busch Companies Inc)

Appointment and Authorization. Each Bank irrevocably appoints the Agent to act as its agent in connection herewith and authorizes the Agent to take such action as agent on its such Bank's behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Louisiana Land & Exploration Co)

Appointment and Authorization. Each Bank and each Second Revolving Credit Lender that is not a Bank hereby irrevocably appoints appoint and authorizes authorize the Agent to take such action as agent on its their behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Loan Agreement (NCC Industries Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Letters of Credit as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Honeywell Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as administrative agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Medium Term Credit Agreement (Chubb Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes Security Agreements as are delegated to the Agent by the terms hereof or thereof, thereof together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Gt Interactive Software Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Financial Services Inc /Oh/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to enter into and act as its agent in connection with the Collateral Documents and to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by 68 the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Dolco Packaging Corp /De/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent and the Collateral Agent to take such action as administrative agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent or the Collateral Agent (as the case may be) by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Mallinckrodt Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each Agent and the Security Agent to enter into and act as its agent in connection with the Collateral Documents and to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Iomega Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as its agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Witco Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Norfolk Southern Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each of the Agent, the Security Agent and the Issuing Banks (each being referred to as an "Agent" for purposes of this Article VII) to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Esco Electronics Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers powers, under this Agreement and the Notes and the other Credit Documents as are delegated to the Administrative Agent and the Collateral Agent, as the case may be, by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Payless Cashways Inc)

Appointment and Authorization. Each Bank irrevocably appoints ----------------------------- and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Limited Inc)

Appointment and Authorization. Each Bank irrevocably appoints the ----------------------------- Agent Bank to act as its agent in connection herewith and authorizes the Agent Bank to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Related Documents as are delegated to the Agent Bank by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Overhead Door Corp /In/)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent Agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by the terms hereof thereof or thereofare reasonably incidental, together with all as determined by the Agent, thereto. This appointment and authorization does not constitute appointment of the Agent as trustee for any Bank and, except as specifically set forth herein to the contrary, the Agent shall take such action and exercise such powers as are reasonably incidental theretoonly in an administrative and ministerial capacity.

Appears in 1 contract

Samples: Credit Agreement (Furon Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, and the Notes as are delegated to the such Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Betzdearborn Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.are

Appears in 1 contract

Samples: Credit Agreement (Union Texas Petroleum Holdings Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Without limiting the generality of the foregoing, each Bank irrevocably authorizes the Agent to enter into the Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Coventry Corp)

Appointment and Authorization. Each Bank ----------------------------- irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Unumprovident Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!