Common use of Appointment of Co-Agents Clause in Contracts

Appointment of Co-Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, the Collateral Agent may appoint a bank or trust company or one or more other Persons reasonably acceptable to the Majority Creditors, either to act as co-agent or co-agents, jointly with the Collateral Agent, or to act as separate agent or agents on behalf of the Creditors with such power and authority as may be necessary for the effectual operation of the provisions hereof and of the Security Documents and as may be specified in the instrument of appointment.

Appears in 7 contracts

Samples: Intercreditor and Collateral Agency Agreement, Note Purchase Agreement (Essential Utilities, Inc.), Intercreditor and Collateral Agency Agreement (Advanced Drainage Systems, Inc.)

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Appointment of Co-Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, the Collateral Agent may appoint a bank or trust company or one or more other Persons reasonably acceptable to the Majority CreditorsPersons, either to act as co-agent or co-agents, jointly with the Collateral Agent, or to act as separate agent or agents on behalf of the Creditors Senior Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and of the Security Documents and as may be specified in the instrument of appointment.

Appears in 1 contract

Samples: Credit Agreement (Media General Inc)

Appointment of Co-Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, the Collateral Agent may appoint a another bank or trust company or one or more other Persons reasonably acceptable to the Majority CreditorsPersons, either to act as collateral co-agent or collateral co-agents, jointly with the Collateral Agent, or to act as separate collateral agent or collateral agents on behalf of the Creditors Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and of the Security Documents and as may be specified in the instrument of appointment.authority

Appears in 1 contract

Samples: Security Agreement (Orbital Sciences Corp /De/)

Appointment of Co-Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, the Collateral Agent may appoint a another bank or trust company or one or more other Persons reasonably acceptable to the Majority CreditorsRequired Lenders, either to act as co-agent or co-agents, jointly with the Collateral Agent, or to act as separate agent or agents on behalf of the Creditors Collateral Agent with such power and authority as may be necessary for the effectual operation of the provisions hereof and of the Security Documents and as may be specified in the instrument of appointment.

Appears in 1 contract

Samples: Security Agreement (Dixie Group Inc)

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Appointment of Co-Agents. At any time or times, in order to comply with any legal requirement in any jurisdiction, the Collateral Agent may appoint a another bank or trust company or one or more other Persons reasonably acceptable to the Majority Creditorspersons, either to act as co-agent or a co-agents, jointly with the Collateral Agent, or to act as a separate agent or agents on behalf of the Creditors Secured Parties with such power and authority to act under this Agreement as may be necessary for the effectual operation of the provisions hereof and of the Security Documents and as may be specified in the instrument of appointment.

Appears in 1 contract

Samples: Pledge and Security Agreement (Sinclair Broadcast Group Inc)

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