Borrower Notices. Any instruction given or notice sent by Parent shall, unless otherwise expressly stated to the contrary, be effective as an instruction or notice on behalf of the Borrower and the Administrative Agent, the Collateral Agent, each Lender shall be permitted to rely thereon as if the same were furnished by the Borrower. In connection with the forgoing, the Borrower hereby irrevocably appoints Parent as the borrowing agent and attorney-in-fact for the Borrower, which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received written notice signed by the Borrower that such appointment has been revoked and that another Loan Party has been appointed in such capacity. The Borrower hereby appoints and authorizes Parent (i) to provide to the Administrative Agent and the Lenders and receive from the Administrative Agent and the Lenders all notices with respect to Loans obtained for the benefit of the Borrower and all other notices and instructions under this Agreement and (ii) to take such action as Parent deems appropriate on its behalf to obtain Loans and Commitments and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement. Parent hereby accepts such appointment and the Administrative Agent and the Lenders shall be entitled to rely upon and shall be fully protected in relying upon, any notice or communication delivered by Parent on behalf of the Borrower. The Administrative Agent and the Lenders may give any notice or communication with the Borrower hereunder to Parent on behalf of the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Farfetch LTD), Credit Agreement (Farfetch LTD)
Borrower Notices. Any instruction given or notice sent by Parent shall, unless otherwise expressly stated to the contrary, be effective as an instruction or notice on behalf of the Borrower Borrowers and the Administrative Agent, the Collateral Agent, Security Agent and each Lender shall be permitted to rely thereon as if the same were furnished by the BorrowerBorrowers. In connection with the forgoing, the each Borrower hereby irrevocably appoints Parent as the borrowing agent and attorney-in-fact for the BorrowerBorrowers, which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received written notice signed by all of the Borrower Borrowers that such appointment has been revoked and that another Loan Party Borrower has been appointed in such capacity. The Each Borrower hereby appoints and authorizes Parent (i) to provide to the Administrative Agent, the Security Agent and the Lenders and receive from the Administrative Agent, the Security Agent and the Lenders all notices with respect to Loans obtained for the benefit of the any Borrower and all other notices and instructions under this Agreement and (ii) to take such action as Parent deems appropriate on its behalf to obtain Loans and Commitments and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement. Parent hereby accepts such appointment and the IF "1" = "1" "#4875-2924-7575v15" "" #4875-2924-7575v15 AMERICAS 120585256 Administrative Agent, the Security Agent and the Lenders shall be entitled to rely upon and shall be fully protected in relying upon, any notice or communication delivered by Parent on behalf of the Borrowerall Borrowers. The Administrative Agent, the Security Agent and the Lenders may give any notice or communication with the any Borrower hereunder to Parent on behalf of the Borrowerother Borrowers.
Appears in 1 contract
Samples: Credit Agreement (Oatly Group AB)
Borrower Notices. Any instruction given or notice sent by Parent shall, unless otherwise expressly stated to the contrary, be effective as an instruction or notice on behalf of the Borrower Borrowers and the Administrative Agent, the Collateral Agent, Security Agent and each Lender shall be permitted to rely thereon as if the same were furnished by the BorrowerBorrowers. In connection with the forgoing, the each Borrower hereby irrevocably appoints Parent as the borrowing agent and attorney-in-fact for the BorrowerBorrowers, which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received written notice signed by all of the Borrower Borrowers that such appointment has been revoked and that another Loan Party Borrower has been appointed in such capacity. The Each Borrower hereby appoints and authorizes Parent (i) to provide to the Administrative Agent, the Security Agent and the Lenders and receive from the Administrative Agent, the Security Agent and the Lenders all notices with respect to Loans obtained for the benefit of the any Borrower and all other notices and instructions under this Agreement and (ii) to take such action as Parent deems appropriate on its behalf to obtain Loans and Commitments and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement. Parent hereby accepts such appointment and the Administrative Agent, the Security Agent and the Lenders shall be entitled to rely upon and shall be fully protected in relying upon, any notice or communication delivered by Parent on behalf of the Borrowerall Borrowers. The Administrative Agent, the Security Agent and the Lenders may give any notice or communication with the any Borrower hereunder to Parent on behalf of the Borrowerother Borrowers.
Appears in 1 contract
Samples: Credit Agreement (Oatly Group AB)