Common use of Authorisation of Agent Clause in Contracts

Authorisation of Agent. Each party to this Agreement irrevocably authorises the Agent to counter-sign each Transfer Certificate on its behalf for the purposes of clause 18.3 without any further consent of, or consultation with, any such party except, in the case of the Original Borrower, the consent required pursuant to clause 18.3 and, in the case of any Obligor incorporated in Ireland or Denmark, the notice required pursuant to clause 18.3.

Appears in 3 contracts

Samples: Loan Agreement (Global Telesystems Inc), Supplemental Agreement (Global Telesystems Inc), Loan Agreement (Global Telesystems Europe B V)

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Authorisation of Agent. Each party to this Agreement irrevocably authorises the Agent to counter-sign each Transfer Certificate on its behalf for the purposes of clause 18.3 or 18.4 without any further consent of, ; or consultation with, any such party except, in the case of the Original Borrower, the consent required pursuant to clause 18.3 and, in the case of any Obligor incorporated in Ireland or Denmark, the notice required pursuant to clause 18.318.4.

Appears in 1 contract

Samples: Loan Agreement (United International Holdings Inc)

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