Common use of Appointment and Authorizations Clause in Contracts

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

Appears in 3 contracts

Samples: Credit Agreement (Beverly Enterprises Inc /De/), Credit Agreement (Beverly Enterprises Inc), Credit Agreement (New Beverly Holdings Inc)

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Appointment and Authorizations. 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 Financing Documents 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: Agreement (Estee Lauder Companies Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Beverly Enterprises Inc)

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