Common use of Appointment and Authorizations Clause in Contracts

Appointment and Authorizations. Each Lender 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 (if any) 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 (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc)

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Appointment and Authorizations. Each of the Lenders and the Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such action as agent actions on its behalf and to exercise such powers under this Agreement and the Notes (if any) as are delegated to the Administrative Agent by the terms hereof or thereofhereof, together with all such actions and powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Agreement (Estee Lauder Companies Inc)

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Appointment and Authorizations. Each Lender of the Lenders hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such action as agent actions on its behalf and to exercise such powers under this Agreement and the Notes (if any) as are delegated to the Administrative Agent by the terms hereof or thereofhereof, together with all such actions and powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Estee Lauder Companies Inc)

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