Common use of Appointment of Borrower Clause in Contracts

Appointment of Borrower. Each of the Guarantors (other than the Company) hereby appoints the Company to act as its agent for all purposes of this Agreement and the other Loan Documents and agrees that (a) the Company may execute such documents on behalf of such Guarantor as the Company deems appropriate in its sole discretion and each Guarantor shall be obligated by all of the terms of any such document executed on its behalf, (b) any notice or communication delivered by the Administrative Agent, L/C Issuer or a Lender to the Company shall be deemed delivered to each Guarantor and (c) the Administrative Agent, L/C Issuer or the Lenders may accept, and be permitted to rely on, any document, instrument or agreement executed by the Company on behalf of each Guarantor.

Appears in 4 contracts

Samples: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

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Appointment of Borrower. Each of the Guarantors (other than the Company) hereby appoints the Company Borrower to act as its agent for all purposes of this Agreement and the other Loan Documents and agrees that (a) the Company Borrower may execute such documents on behalf of such Guarantor as the Company deems Borrower deem appropriate in its sole discretion and each Guarantor shall be obligated by all of the terms of any such document executed on its behalf, (b) any notice or communication delivered by the Administrative Agent, L/C Issuer the Collateral Agent or a Lender the Lenders to the Company Borrower shall be deemed delivered to each Guarantor and (c) the Administrative Agent, L/C Issuer the Collateral Agent or the Lenders may accept, and be permitted to rely on, any document, instrument or agreement executed by the Company Borrower on behalf of each Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.)

Appointment of Borrower. Each of the Guarantors (other than the Company) hereby appoints the Company to act as its agent for all purposes of this Agreement and the other Loan Documents and agrees that (a) the Company may execute such documents on behalf of such Guarantor as the Company deems appropriate in its sole discretion and each Guarantor shall be obligated by all of the terms of any such document executed on its behalf, (b) any notice or communication delivered by the Administrative Agent, L/C Issuer or a Lender to the Company shall be deemed delivered to each Guarantor and (c) the Administrative Agent, L/C Issuer or the Lenders may accept, and be permitted to rely on, any document, instrument or agreement executed by the Company on behalf of each Guarantor.. 10.10

Appears in 1 contract

Samples: Credit Agreement (Morningstar, Inc.)

Appointment of Borrower. Each of the Guarantors (other than the Company) hereby appoints the Company to act as its agent for all purposes of this Agreement and the other Loan Documents and agrees that (a) the Company may 115 execute such documents on behalf of such Guarantor as the Company deems appropriate in its sole discretion and each Guarantor shall be obligated by all of the terms of any such document executed on its behalf, (b) any notice or communication delivered by the Administrative Agent, L/C Issuer or a Lender to the Company shall be deemed delivered to each Guarantor and (c) the Administrative Agent, L/C Issuer or the Lenders may accept, and be permitted to rely on, any document, instrument or agreement executed by the Company on behalf of each Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Morningstar, Inc.)

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Appointment of Borrower. Each of the Guarantors (other than the Company) hereby appoints the Company Borrower to act as its agent for all purposes of this Agreement and the other Loan Documents and agrees that (a) the Company Borrower may execute such documents on behalf of such Guarantor as the Company deems Borrower deem appropriate in its sole discretion and each Guarantor shall be obligated by all of the terms of any such document executed on its behalf, (b) any notice or communication delivered by the Administrative Agent, L/C Issuer the Collateral Agent or a Lender the Lenders to the Company Borrower shall be deemed delivered to each Guarantor and (c) the Administrative Agent, L/C Issuer the Collateral Agent or the Lenders may accept, and be permitted to rely on, any document, instrument or agreement executed by the Company Borrower on behalf of each Guarantor.. Section 10.10

Appears in 1 contract

Samples: Credit Agreement (Sunrun Inc.)

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