Common use of Company as Obligors' agent Clause in Contracts

Company as Obligors' agent. Each Obligor (other than the Company): (a) irrevocably authorises the Company to act on its behalf as its agent in relation to the Finance Documents, including: (i) to give and receive as agent on its behalf all notices and instructions (including Utilisation Requests); (ii) to sign on its behalf all documents in connection with the Finance Documents (including amendments and variations of any Finance Documents, the granting of Spanish Public Documents (including its ratification and incorporation of this Agreement into a Spanish Public Document), and to execute any new Finance Documents); and (iii) to take such other action as may be necessary or desirable under or in connection with the Finance Documents; and (b) confirms that it will be bound by any action taken by the Company under or in connection with the Finance Documents.