Declaration of Agency Sample Clauses

Declaration of Agency. Each Agent declares that it shall hold the rights granted to it under each Operative Document, for its own benefit and as agent for the rateable benefit of each Lender. The rights vested in each Agent by any Operative Document shall be performed by each Agent in accordance with the provisions of this Article.
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Declaration of Agency. The Agent declares that it shall hold the Security entrusted to it, the Collateral charged thereby and the rights granted to it under each other Loan Document, for its own benefit and as agent for the rateable benefit of each Finance Party. The rights vested in the Agent by any Loan Document shall be performed by the Agent in accordance with this Article 15.
Sample 1
Declaration of Agency. The Administration Agent declares that it shall hold the rights granted to it under each Loan Document for its own benefit and as agent for the rateable benefit of each Lender. The rights vested in the Administration Agent by any Loan Document shall be performed by the Administration Agent in accordance with this Article 13.
Sample 1
Declaration of Agency. The Secured Parties hereby appoint the Collateral Agent as administrative agent of the Secured Parties with respect to the proceeds of all Collateral, and as in accordance with the provisions of this Agreement. The Collateral Agent hereby declares and agrees that it holds and will hold as agent for the Secured Parties under this Agreement all sums and property received by the Collateral Agent pursuant to this Agreement (such sums and property are hereinafter referred to as the "AGENCY FUNDS"), under and subject to the conditions set forth in this SECTION 3 and for the benefit of the Secured Parties as provided herein. The Company and its Subsidiaries and Secured Parties each hereby agree that all of the Obligations and rights to payment set forth in clauses "First" through and including "Fifth" of SECTION 2.2 hereof are to be secured by the Agency Funds and that all of the Agency Funds are to be administered by the Collateral Agent, subject to the further covenants, conditions, uses and purposes set forth in this SECTION 3. X.X. Xxxxxxxx & Co., LLC hereby acknowledges that it has succeeded as Collateral Agent and accepts such appointment, and, by its acknowledgment hereto, The Bank of New York acknowledges that it has resigned as the SP Sub Collateral Agent (as defined in the Old Intercreditor Agreement). The parties hereto waive any notice requirement in connection with such resignation and succession, and hereby expressly consent thereto.
Sample 1
Declaration of Agency. The Agent declares that it shall hold the Security, the Collateral charged thereby and the rights granted to it under each other Loan Document for its own benefit and in its capacity as agent for the ratable benefit of the Lenders. The rights vested in the Agent by any Loan Document shall be performed by the Agent in accordance with this Article 13.
Sample 1

Related to Declaration of Agency

  • Scope of Agency (a) Transfer Agent shall act solely as agent for Fund under this Agreement and owes no duties hereunder to any other person. Transfer Agent undertakes to perform the duties and only the duties that are specifically set forth in this Agreement, and no implied covenants or obligations shall be read into this Agreement against Transfer Agent.

  • Acceptance of Agency The Warrant Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the terms and conditions herein set forth and among other things, shall account promptly to the Company with respect to Warrants exercised and concurrently account for, and pay to the Company, all monies received by the Warrant Agent for the purchase of shares of Common Stock through the exercise of the Warrants.

  • Disclaimer of Agency 5.14.1 Except for provisions herein expressly authorizing a Party to act for another, nothing in this Agreement shall constitute a Party as a legal representative or agent of the other Party, nor shall a Party have the right or authority to assume, create or incur any liability or any obligation of any kind, express or implied, against or in the name or on behalf of the other Party unless otherwise expressly permitted by such other Party. Except as otherwise expressly provided in this Agreement, no Party undertakes to perform any obligation of the other Party whether regulatory or contractual, or to assume any responsibility for the management of the other Party's business.

  • Administration of Agreement All approvals referenced in this Agreement must be obtained from the parties' contract administrators or their designees. All notices must be given to the parties' contract administrators respectively. The OAG's contract administrator is Xxxxxxxxx X. Xxxxxx, Chief, Bureau of Advocacy and Grants Management. The Provider’s contract administrator will be provided at the time of execution. The parties will provide each other with written notification of any change in its designated representative for this Agreement. Such changes do not require a formal written amendment to this Agreement.

  • Designation of Agent Each Participating Employer shall be deemed to be a party to this Plan; provided, however, that with respect to all of its relations with the Trustee and Administrator for the purpose of this Plan, each Participating Employer shall be deemed to have designated irrevocably the Employer as its agent. Unless the context of the Plan clearly indicates the contrary, the word "Employer" shall be deemed to include each Participating Employer as related to its adoption of the Plan.

  • Ratification of Agreement As supplemented by this Supplement, the Agreement is in all respects ratified and confirmed and the Agreement as so supplemented by this Supplement shall be read, taken and construed as one and the same instrument.

  • Authorization of Agreements, Etc (a) The execution and delivery by the Company of this Agreement and the other Transaction Documents, the performance by the Company of its obligations hereunder and thereunder, the issuance, sale and delivery of the Senior Notes and the Warrants and the issuance and delivery of the Conversion Shares have been duly authorized by all requisite corporate action and will not (i) violate any provision of any law applicable to the Company, any order of any court or other agency of government applicable to the Company, (ii) violate the Charter, or the By-laws of the Company, as amended (the “By-laws”) or (iii) violate any provision of any indenture, agreement or other instrument to which the Company is party or by which the Company is bound, or conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any such indenture, agreement or other instrument, or result in the creation or imposition of any lien, charge, restriction, claim or encumbrance of any nature whatsoever upon any of the properties or assets of the Company.

  • Ratification of Agreements The Original Agreement as hereby amended is hereby ratified and confirmed in all respects. The Loan Documents, as they may be amended or affected by this Amendment, are hereby ratified and confirmed in all respects. Any reference to the Credit Agreement in any Loan Document shall be deemed to be a reference to the Original Agreement as hereby amended. The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Lenders under the Credit Agreement, the Notes, or any other Loan Document nor constitute a waiver of any provision of the Credit Agreement, the Notes or any other Loan Document.

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

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