Common use of Designation of Additional Agents Clause in Contracts

Designation of Additional Agents. The Administrative Agent shall have the continuing right, for purposes hereof, at any time and from time to time to designate one or more of the Lenders (and/or its or their Affiliates) as “syndication agents,” “documentation agents,” “book runners,” “lead arrangers,” “arrangers,” or other designations for purposes hereto, but such designation shall have no substantive effect, and neither the Lead Arrangers and syndication agent named herein nor any such Lenders and their Affiliates shall have any additional powers, duties or responsibilities as a result of being named herein or of being so designated by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement, Credit Agreement (Smucker J M Co), Credit Agreement (Smucker J M Co)

AutoNDA by SimpleDocs

Designation of Additional Agents. The Administrative Agent shall have the continuing right, for purposes hereof, at At any time and from time to time to designate one or more of the Lenders (and/or its or their Affiliates) may be designated as “syndication agents,” “documentation agents,” “book runners,” “lead arrangers,” “arrangers,” “co-agents,” or other designations for purposes hereto, but such designation shall have no substantive effect, and neither the Lead Arrangers and Arrangers, syndication agent agents or co-agents named herein nor any such Lenders and their Affiliates shall have any additional powers, duties or responsibilities as a result of being named herein or of being so designated by the Administrative Agentdesignated.

Appears in 2 contracts

Samples: Credit Agreement (J M SMUCKER Co), Credit Agreement (J M SMUCKER Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.