Common use of Appointment of Holdings as Agent Clause in Contracts

Appointment of Holdings as Agent. To aid the daily administration of this Agreement and the Related Documents, and to accommodate Xxxxxxxx, each other Borrower hereby appoints Holdings as its agent for the giving and receiving of all notices and other communication hereunder and under the Related Documents. For so long as the Liabilities remain outstanding, each Borrower hereby covenants and agrees, and hereby grants to Holdings an absolute and irrevocable power of attorney coupled with interest, and irrevocably designates, appoints, authorizes and directs Holdings, on behalf of such Borrower, to (a) certify the financial statements of Borrower and compliance certificates, (b) make any other deliveries required to be delivered periodically hereunder to Lender and

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement

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Appointment of Holdings as Agent. To aid the daily administration of this Agreement and the Related Documents, and to accommodate XxxxxxxxBorrower, each other Borrower hereby appoints Holdings as its agent for the giving and receiving of all notices and other communication hereunder and under the Related Documents. For so long as the Liabilities remain outstanding, each Borrower hereby covenants and agrees, and hereby grants to Holdings an absolute and irrevocable power of attorney coupled with interest, and irrevocably designates, appoints, authorizes and directs Holdings, on behalf of such Borrower, to (a) certify the financial statements of Borrower and compliance certificates, (b) make any other deliveries required to be delivered periodically hereunder to Lender and

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement

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