Authority of Administrative Agent. Holdings acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among the Agents and the Lenders, be governed by the Credit Agreements and by such other agreements with respect thereto as may exist from time to time among them, but, as among the Agents and Holdings, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 3 contracts
Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement Charge Over Shares with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement Charge Over Shares shall, as among the Agents and the Lenders, be governed by the Credit Agreements and by such other agreements with respect thereto as may exist from time to time among them, but, as among the Agents and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 3 contracts
Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among the Agents and the Lenders, be governed by the Credit Agreements and by such other agreements with respect thereto as may exist from time to time among them, but, as among the Agents and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 3 contracts
Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 2 contracts
Samples: Credit Agreement (Aavid Thermal Technologies Inc), Credit Agreement (Aavid Thermal Technologies Inc)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Security Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Security Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 2 contracts
Samples: Credit Agreement (Aavid Thermal Technologies Inc), Credit Agreement (Aavid Thermal Technologies Inc)
Authority of Administrative Agent. Holdings Each Subsidiary acknowledges that the rights and responsibilities of the Administrative Agent under this Security Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Security Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingseach Subsidiary, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings such Subsidiary shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Samples: Intercompany Note (Essex Group Inc)
Authority of Administrative Agent. Holdings Each Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among between the Agents Administrative Agent and the LendersSecured Parties, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrowers, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders Secured Parties with full and valid authority so to act or refrain from acting, and Holdings the Borrowers shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Benefit Street Partners Realty Trust, Inc.)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Security Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Security Agreement shall, as among between the Agents Administrative Agent, the Lenders and the LendersIssuing Lender, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent Administrative Agent for the Lenders and the Issuing Lender with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any no obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Samples: Security Agreement (Unidigital Inc)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among the Agents Administrative Agent, the Other Representatives and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings neither the Borrower nor any Issuer shall not be under any obligation, or entitlement, obligation to make any inquiry respecting such authority.
Appears in 1 contract
Samples: Pledge Agreement (Raci Holding Inc)
Authority of Administrative Agent. Holdings The Term Loan Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-non- exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Term Loan Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Term Loan Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Term Loan Borrower shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any no obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among the Agents Administrative Agent, the Other Representatives and the Lenders, be governed by the Credit Agreements Loan Documents and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any obligation, or entitlement, obligation to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings acknowledges The Credit Parties acknowledge that --------------------------------- the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, right request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Credit Parties, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Credit Parties shall not be under any no obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Samples: Security Agreement (Pediatric Services of America Inc)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings neither the Borrower nor any Issuer shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Pledge Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Pledge Agreement shall, as among between the Agents Administrative Agent and the LendersLenders and the Issuing Lender, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent Administrative Agent for the Lenders and the Issuing Lender with full and valid authority so to act or refrain from acting, and Holdings neither the Borrower nor any Issuer shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings The Borrower acknowledges --------------------------------- that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among the Administrative Agent, the Co-Agents and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings neither the Borrower nor the Issuer shall not be under any obligation, or entitlement, obligation to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Pledge Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Pledge Agreement shall, as among between the Agents Administrative Agent and the LendersLenders and the Issuing Lender, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders and the Issuing Lender with full and valid authority so to act or refrain from acting, and Holdings neither the Borrower nor any Issuer shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Authority of Administrative Agent. Holdings acknowledges that the rights and responsibilities of the Administrative Agent under this Security Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Security Agreement shall, as among between the Agents Administrative Agent and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among between the Agents Administrative Agent and Holdings, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract
Samples: Intercompany Note (Essex Group Inc)
Authority of Administrative Agent. Holdings The Borrower acknowledges that the rights and responsibilities of the Administrative Agent under this Agreement with respect to any action taken by the Administrative Agent or the exercise or non-exercise by the Administrative Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as among the Agents and the Lenders, be governed by the Credit Agreements Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as among the Agents and Holdingsthe Borrower, the Administrative Agent shall be conclusively presumed to be acting as agent for the Lenders with full and valid authority so to act or refrain from acting, and Holdings the Borrower shall not be under any obligation, or entitlement, to make any inquiry respecting such authority.
Appears in 1 contract