Appointment and Grant of Authority. Each of the Lenders hereby appoints PNC Bank, National Association, and PNC Bank, National Association hereby agrees to act as, the Administrative Agent under this Agreement, the Notes and the other Loan Documents. As such Administrative Agent, PNC Bank, National Association shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Administrative Agent, by the terms hereto or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Administrative Agent, on behalf of the Lenders, is authorized to execute all of the Loan Documents (other than this Agreement) and to accept all of the Loan Documents and all other agreements, documents or instruments reasonably required to carry out the intent of the parties to this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)
Appointment and Grant of Authority. Each of the Lenders hereby appoints PNC Bank, National Association, and PNC Bank, National Association hereby agrees to act as, the Administrative Agent under this Agreement, the Notes and the other Loan Documents. As such Administrative Agent, PNC Bank, National Association shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Administrative Agent, by the terms hereto hereto, of the Notes or thereofof the other Loan Documents, together with such other powers as are incidental thereto. Without limiting the foregoing, the Administrative Agent, on behalf of the Lenders, is authorized to execute all of the Loan Documents (other than this Agreement) and to accept all of the Loan Documents and all other agreements, documents or instruments reasonably required to carry out the intent of the parties to this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Allegheny Technologies Inc), Credit Agreement (Allegheny Teledyne Inc)
Appointment and Grant of Authority. Each of the Lenders hereby appoints PNC Bank, National Association, and PNC Bank, National Association hereby agrees to act as, as the Administrative Agent under this Agreement, the Revolving Credit Notes and the other Loan Documents. As such Administrative Agent, PNC Bank, National Association shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Administrative Agent, by the terms hereto or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Administrative Agent, on behalf of the Lenders, is authorized to execute all of the Loan Documents (other than this Agreement) and Documents, to accept all of the Loan Documents and all other agreements, documents or instruments reasonably required to carry out the intent of the parties to this Agreement and to release any Guarantor from its obligations under its Guaranty Agreement in the event of the disposition of such Guarantor as permitted in this Agreement.
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Appointment and Grant of Authority. Each of the Lenders hereby appoints PNC Bank, National Association, and PNC Bank, National Association Bank hereby agrees to act as, the Administrative Agent under this Agreement, the Notes and the other Loan Documents. As such Administrative Agent, PNC Bank, National Association the Administrative Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Administrative Agentthem in their respective capacities, by the terms hereto hereof, of the Notes or thereofof the other Loan Documents, together with such other powers as are incidental thereto. Without limiting the foregoing, the Administrative Agent, on behalf of the Lenders, is authorized to execute all of the Loan Documents (other than this Agreement) and to accept all of the Loan Documents and all other agreements, documents or instruments reasonably required to carry out the intent of the parties to this Agreement.
Appears in 1 contract
Samples: Loan Agreement (Vastera Inc)
Appointment and Grant of Authority. Each of the Lenders and the ---------------------------------- Issuing Bank hereby appoints PNC Bank, National Association, and PNC Bank, National Association Association, hereby agrees to act asact, as the Administrative Agent under this Agreement, the Notes Agreement and the other Loan Documents. As such Administrative Agent, PNC Bank, National Association The Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Administrative Agent, it by the terms hereto hereof or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Administrative Agent, on behalf of the LendersLenders and the Issuing Bank, is authorized to execute all of the Loan Documents (other than this Agreement) and to accept all of the Loan Documents and all other agreements, documents or instruments reasonably required to carry out the intent of the parties to this Agreement.
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