Authorization of Administrative Agent. Each Lender agrees that any action taken by the Administrative Agent in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by the Administrative Agent of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.
Appears in 3 contracts
Samples: First Lien Credit Agreement (Standard Register Co), Second Lien Credit Agreement (Standard Register Co), Term Loan Credit Agreement (Standard Register Co)
Authorization of Administrative Agent. Each Lender agrees that any action taken by of the Lenders executing this Agreement hereby authorizes and requests the Administrative Agent in accordance with to execute and deliver this Agreement, the Intercreditor Agreement, and all such other documents, agreements and instruments which are necessary or reasonably incidental thereto to give effect to the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by the Administrative Agent of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lendersthereof.
Appears in 1 contract
