Common use of Appointment and duties of the Facility Agent Clause in Contracts

Appointment and duties of the Facility Agent. (A) Each Lender and Administrative Party (other than the Facility Agent) irrevocably appoints the Facility Agent to the act as agent under and in connection with the Finance Documents.

Appears in 2 contracts

Samples: Credit Facility Agreement (DryShips Inc.), Credit Facility Agreement (Ocean Rig UDW Inc.)

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Appointment and duties of the Facility Agent. (A) Each Lender and Administrative Party (other than the Facility Agent) irrevocably appoints the Facility Agent to the act as its agent under and in connection with the Finance Documents.

Appears in 2 contracts

Samples: Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (DryShips Inc.)

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Appointment and duties of the Facility Agent. (A) Each Lender and Administrative Finance Party (other than the Facility Agent) irrevocably appoints the Facility Agent to the act as its agent under and in connection with the Finance Documents.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Autoliv Inc)

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