Common use of Certain Obligations May Be Performed by Affiliates Clause in Contracts

Certain Obligations May Be Performed by Affiliates. The Agent may appoint any of its Affiliates to perform its obligations hereunder other than any obligation requiring the Agent to receive, pay, or otherwise handle funds or Notes, and provided that the Agent shall continue to be responsible to the Borrowers and the Lenders for the due performance of the Agent’s obligations under this Agreement.

Appears in 19 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Capital Corp), Credit Agreement (Boeing Capital Corp)

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Certain Obligations May Be Performed by Affiliates. The Agent may appoint any of its Affiliates to perform its obligations hereunder other than any obligation requiring the Agent to receive, pay, or otherwise handle funds or Notes, and provided that the Agent shall continue to be responsible to the Borrowers and the Lenders for the due performance of the Agent’s 's obligations under this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Boeing Capital Corp), Credit Agreement (Boeing Capital Corp), Credit Agreement (Boeing Capital Corp)

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Certain Obligations May Be Performed by Affiliates. The Agent may appoint any of its Affiliates to perform its obligations hereunder other than any obligation requiring the Agent to receive, pay, or otherwise handle funds or Notes, Notes and provided that the Agent shall continue to be responsible to the Borrowers Company and the Lenders Banks for the due performance of the Agent’s 's obligations under this Agreement.

Appears in 2 contracts

Samples: Bank Credit Agreement (Boeing Co), Bank Credit Agreement (Boeing Co)

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