Common use of Appointment; Powers Clause in Contracts

Appointment; Powers. Each of the Lenders hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof and the other Loan Documents, together with such actions and powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Hydrocarb Energy Corp), Credit Agreement (Hydrocarb Energy Corp)

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Appointment; Powers. Each of the Lenders hereby irrevocably appoints each of the Administrative Agent and the Collateral Agent as its agent and authorizes the Agent each of them to take such actions on its behalf and to exercise such powers as are delegated to the Agent it by the terms hereof and the other Loan Credit Documents, together with such actions and powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Callon Petroleum Co)

Appointment; Powers. Each of the Lenders The Lender hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof and the other Loan Documents, together with such actions and powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Senior Secured Superpriority Postpetition Credit Agreement

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Appointment; Powers. Each of the Lenders hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof and the other Loan Transaction Documents, together with such actions and powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Term Loan Agreement (Atp Oil & Gas Corp)

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