Common use of Appointment and Grant of Authority Clause in Contracts

Appointment and Grant of Authority. Each of the Lenders and the ---------------------------------- Issuing Bank hereby appoints PNC Bank, National Association, and PNC Bank, National Association, hereby agrees to act, as the Agent under this Agreement and the other Loan Documents. The Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to it by the terms hereof or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Agent, on behalf of the Lenders 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.

Appears in 1 contract

Samples: Credit Agreement (Igate Capital Corp)

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Appointment and Grant of Authority. Each of the ---------------------------------- Lenders and the ---------------------------------- Issuing Bank L/C Issuer hereby appoints PNC Bank, National Association, and PNC Bank, National Association, hereby agrees to act, as the Agent under this Agreement and the other Loan Documents. The Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to it by the terms hereof or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Agent, on behalf of the Lenders and the Issuing BankL/C Issuer, 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: Credit Agreement (Mastech Corp)

Appointment and Grant of Authority. Each of the Lenders and the hereby ---------------------------------- Issuing Bank hereby appoints PNC Bank, National Association, and PNC Bank, National Association, Bank hereby agrees to actact as, as the Administrative Agent under this Agreement Agreement, the Revolving Credit Notes and the other Loan Documents. The As such Agent, the Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to it them in their respective capacities, by the terms hereof hereof, of the Revolving Credit 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 and the Issuing BankLenders, 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: Credit Agreement (Lsi Industries Inc)

Appointment and Grant of Authority. Each of the Lenders and ---------------------------------- the ---------------------------------- Issuing Bank L/C Issuer hereby appoints PNC Bank, National Association, and PNC Bank, National Association, hereby agrees to act, as the Agent under this Agreement and the other Loan Documents. The Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to it by the terms hereof or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Agent, on behalf of the Lenders and the Issuing BankL/C Issuer, 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: Credit Agreement (Spectrum Control Inc)

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Appointment and Grant of Authority. (a) Each of the Lenders and the ---------------------------------- Issuing Bank L/C Issuer hereby appoints PNC Bank, National Association, and PNC Bank, National Association, hereby agrees to act, as the Agent under this Agreement and the other Loan Documents. The Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to it by the terms hereof or thereof, together with such other powers as are incidental thereto. Without limiting the foregoing, the Agent, on behalf of the Lenders and the Issuing BankL/C Issuer, 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: Assignment and Assumption Agreement (Carbide Graphite Group Inc /De/)

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