Common use of Appointment of Co-Administrative Agents Clause in Contracts

Appointment of Co-Administrative Agents. At any time or from time to time, in order to comply with any applicable requirement of law, the Administrative Agent may appoint another bank or trust company or one of more other Persons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for indemnification and similar protections of such co-agent or separate agent).

Appears in 11 contracts

Samples: Credit Agreement (BWX Technologies, Inc.), Credit Agreement (Babcock & Wilcox Enterprises, Inc.), Credit Agreement (Babcock & Wilcox Enterprises, Inc.)

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Appointment of Co-Administrative Agents. At any time or from time to time, in order to comply with any applicable requirement of lawLaw, the Administrative Agent may appoint another bank or trust company or one of more other Personspersons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for indemnification and similar protections of such co-agent or separate agent).

Appears in 7 contracts

Samples: Guarantee and Collateral Agreement (Post Holdings, Inc.), Guarantee and Collateral Agreement (Bellring Brands, Inc.), Guarantee and Collateral Agreement (Post Holdings, Inc.)

Appointment of Co-Administrative Agents. At any time or from time to timetimes, in order to comply with any applicable legal requirement of lawin any jurisdiction, the Administrative Agent may appoint another bank or trust company or one of or more other Personspersons, either to act as co-agent or co-agents, jointly with the Administrative Agent, or to act as separate agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for indemnification and similar protections the protection of such co-agent or separate agentagent similar to the provisions of Section 10).

Appears in 4 contracts

Samples: Credit Agreement (Foot Locker Inc), Credit Agreement (Foot Locker Inc), Credit Agreement (Venator Group Inc)

Appointment of Co-Administrative Agents. At any time or from time to time, in order to comply with any applicable requirement Requirement of lawLaw, the Administrative Agent may appoint another bank or trust company or one of more other Personspersons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for indemnification and similar protections of such co-agent or separate agent).

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Maxxam Inc), Guarantee and Collateral Agreement (Maxxam Inc), Guarantee and Collateral Agreement (Maxxam Inc)

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Appointment of Co-Administrative Agents. At any time or from time to time, in order to comply with any applicable requirement of lawlaw or the Intercreditor Agreement, the Administrative Agent may appoint another bank or trust company or one of more other Persons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for indemnification and similar protections of such co-agent or separate agent).

Appears in 1 contract

Samples: Credit Agreement (Babcock & Wilcox Enterprises, Inc.)

Appointment of Co-Administrative Agents. At any time or from time to timetimes, in order to comply with any applicable legal requirement of lawin any jurisdiction, the Administrative Agent may appoint another bank financial institution or trust company or one of or more other Personspersons, either to act as co-agent or co-agents, jointly with the Administrative Agent, or to act as separate agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of appointment (which may, in the discretion of the Administrative Agent, include provisions for indemnification and similar protections the protection of such co-agent or separate agentagent similar to the provisions of Section 14).

Appears in 1 contract

Samples: Pledge Agreement (United Auto Group Inc)

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