Common use of Delegation of Powers of Operating Agent Clause in Contracts

Delegation of Powers of Operating Agent. The Operating Agent hereby delegates to the Offer Agent and each Seller its obligations to compute the Existing Receivables Purchase Price and the Future Receivables Purchase Price under this Clause 4, which delegation is irrevocably accepted by the Offer Agent and each Seller. The Offer Agent shall notify the Operating Agent of all calculations made by it under this Clause 4. The Operating Agent may revoke this delegation in writing at any time.

Delegation of Powers of Operating Agent. The Operating Agent hereby delegates to the Offer Agent and each the Seller its obligations obligation to compute the Existing Receivables Purchase Price and the Future Receivables Purchase Price under this Clause 4, which delegation is irrevocably accepted by the Offer Agent and each the Seller. The Offer Agent shall notify the Operating Agent of all calculations made by it under this Clause 4. The Operating Agent may revoke this delegation in writing at any time.

Delegation of Powers of Operating Agent. The Operating Agent hereby delegates to the Offer Agent and each Seller Sellers all of its obligations to compute the Existing Receivables Purchase Price and the Future Receivables Purchase Price under this Clause 4, which delegation is the Sellers irrevocably accepted by accept. Each of the Offer Agent and each Seller. The Offer Agent Sellers shall notify the Operating Agent of all calculations made by it under this Clause 4. The Operating Agent may revoke this delegation in writing at any time.

Delegation of Powers of Operating Agent. The Operating Agent hereby delegates to the Offer Agent and each Seller all of its obligations to compute the Existing Receivables Purchase Price and the Future Receivables Purchase Price under this Clause 4, which delegation is the Seller irrevocably accepted by the Offer Agent and each Selleraccepts. The Offer Agent Seller shall notify the Operating Agent of all calculations made by it under this Clause 4. The Operating Agent may revoke this delegation in writing at any time.