Appointment by Secured Parties. Each Secured Party that is not a party to this Agreement shall be deemed to have appointed the Administrative Agent as its agent under the Loan Documents in accordance with the terms of this Section 8 and to have acknowledged that the provisions of this Section 8 apply to such Secured Party mutatis mutandis as though it were a party hereto (and any acceptance by such Secured Party of the benefits of this Agreement or any other Loan Document shall be deemed an acknowledgment of the foregoing).
Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21 (The Security Agent), to act as its agent, trustee, joint and several creditor or beneficiary of a parallel debt (as the case may be) under this Agreement and with respect to the Security Documents, and irrevocably authorises the Security Agent on its behalf to:
Appointment by Secured Parties. (a) Each Secured Party (other than the Security Agent) irrevocably appoints the Security Agent to act as its agent, trustee, joint and several creditor or beneficiary of parallel debt (as the case may be) under this Agreement and with respect to the Security Documents and irrevocably authorises the Security Agent on its behalf to execute each Security Document expressed to be executed by the Security Agent on its behalf and perform such duties and exercise such rights and powers under this Agreement and the Security Documents as are specifically delegated to the Security Agent by the terms thereof, together with such rights, powers and discretions as are reasonably incidental thereto, including, without limitation, enforcing the Security Documents in accordance with the terms of this Agreement and the relevant Security Documents.
Appointment by Secured Parties. (a) Subject to paragraph (f) below, each Secured Party irrevocably appoints the Security Agent in accordance with the following provisions of this Clause 21.1 to act as its security agent, mandatario con rappresentanza, trustee, joint and several creditor or, to the extent recognized and permitted by the applicable law, beneficiary of a parallel debt (as the case may be and other than for Security governed by Italian law) under or in connection with this Agreement and with respect to the other Debt Documents and (if applicable) the Senior Unsecured Only Security Documents, and irrevocably authorises and empowers the Security Agent (to the extent legally permissible with express faculty of self-contracting, sub-empowering or multiple representation, including, for the avoidance of doubt, the release from the restrictions set out in section 181 of the German Civil Code and any equivalent restriction under any other applicable law) on its behalf to:
Appointment by Secured Parties. Without limiting and in acknowledgement of the separate appointment of the First Lien Collateral Agent for and on behalf of the First Lien Secured Parties and the Second Lien Collateral Agent for and on behalf of the Second Lien Secured Parties:
