Appointment of the Agent. Each Lender irrevocably appoints the Agent to exercise on its behalf the rights and powers delegated to the Agent hereunder and authorizes the Agent to take any action necessary for the performance of its duties. Whenever acting in such capacity, the Agent represents and binds all Lenders.
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Samples: Credit Agreement (Nomad Royalty Co Ltd.), Credit Agreement (Osisko Gold Royalties LTD), Credit Agreement
Appointment of the Agent. Each Lender irrevocably appoints the Agent to exercise on its behalf the such rights and powers as are delegated to the Agent hereunder by the terms of this Agreement and authorizes the Agent to take any action necessary for the performance of its dutiesas are reasonably incidental thereto. Whenever acting in such capacity, the Agent represents shall represent and binds bind all LendersLenders as herein provided. No Lender shall exercise individually any of the rights and powers delegated to the Agent hereunder.
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