Common use of Delegation by the Security Agent Clause in Contracts

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 68 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Assignment Agreement (Euroseas Ltd.), Agreement (Global Ship Lease, Inc.)

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Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as suchSecurity Agent, Receiver or Delegate.

Appears in 4 contracts

Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), And Restatement Agreement (Aegean Marine Petroleum Network Inc.)

Delegation by the Security Agent. (a) Each of the The Security Agent, any Receiver and any Delegate Agent may, at any time, delegate by power of attorney or otherwise to any person that the Security Agent determines in its sole discretion is reasonably reputable for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 2 contracts

Samples: Agreement (Atlas Investissement), Agreement (Atlas Investissement)

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any rightrights, powerpowers, authority authorities or discretion discretions vested in it in its capacity as such.

Appears in 2 contracts

Samples: Credit Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any rightof the rights, powerpowers, authority or authorities and/or discretion vested in it in its capacity as such.

Appears in 1 contract

Samples: Facilities Agreement (RISE Education Cayman LTD)

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as suchby any of the Debt Documents.

Appears in 1 contract

Samples: Agreement

Delegation by the Security Agent. (a) 27.24.1 Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 1 contract

Samples: Performance Shipping Inc.

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as suchsuch under any Finance Document.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as suchsuch except that any delegation may not be made in respect of the Assignment of Services and Right to Use Agreement, the Assignment of Reimbursement Agreement, the Services and Right to Use Direct Agreement and the Reimbursement Agreement Direct Agreement.

Appears in 1 contract

Samples: Facilities Agreement (Melco Crown Entertainment LTD)

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Delegation by the Security Agent. (a) 7.23.1 Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as suchSecurity Agent, Receiver or Delegate.

Appears in 1 contract

Samples: Investment Agency Agreement (Brooge Holdings LTD)

Delegation by the Security Agent. (a) 27.22.1 Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

Delegation by the Security Agent. (a) Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 1 contract

Samples: Intercreditor Agreement

Delegation by the Security Agent. (a) 10.23.1 Each of the Security Agent, any Receiver and any Delegate may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 1 contract

Samples: Brooge Holdings LTD

Delegation by the Security Agent. (a) Each of the The Security Agent, any Receiver and any Delegate Agent may, at any time, delegate by power of attorney or otherwise to any person for any period, all or any right, power, authority or discretion vested in it in its capacity as such.

Appears in 1 contract

Samples: Madeleine Charging B.V.

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