Common use of Delegation by Administrative Agent Clause in Contracts

Delegation by Administrative Agent. The Administrative Agent shall have the right to delegate any of its duties or obligations hereunder as Administrative Agent to any Affiliate of the Administrative Agent so long as the Administrative Agent shall not thereby be relieved of such duties or obligations.

Appears in 22 contracts

Samples: Credit Agreement (Wheaton Precious Metals Corp.), Credit Agreement (CI Financial Corp.), Credit Agreement (CI Financial Corp.)

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Delegation by Administrative Agent. The With the prior approval of the Majority Lenders, the Administrative Agent shall have the right to delegate any of its duties or obligations hereunder as Administrative Agent to any Affiliate of the Administrative Agent so long as the Administrative Agent shall not thereby be relieved of such duties or obligations.

Appears in 21 contracts

Samples: Credit Agreement (Equinox Gold Corp.), Agreement (Triple Flag Precious Metals Corp.), Credit Agreement (SilverCrest Metals Inc.)

Delegation by Administrative Agent. The With the prior approval of the Majority Lenders, the Administrative Agent shall have the right to delegate any of its duties or obligations hereunder under this Agreement as Administrative Agent to any Affiliate of the Administrative Agent so long as the Administrative Agent shall not thereby be relieved of such duties or obligations.

Appears in 4 contracts

Samples: Revolving Credit Facility (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.)

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Delegation by Administrative Agent. The Administrative Agent shall have the right to delegate any of its duties or obligations hereunder as Administrative Agent to any Affiliate of the Administrative Agent so long as the Administrative Agent shall not thereby be relieved of such duties or obligations.. ​

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

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