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,” “sustainability agents,” “book runners,” “lead arrangers,” “arrangers” or other designations for purposes hereto, but such designation shall have no substantive effect, and such Lenders and their Affiliates shall have no additional liabilities, powers, duties or responsibilities as a result thereof, but all such Persons shall have the benefit of the indemnities provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Necessity Retail REIT, Inc.), Credit Agreement (American Finance Trust, Inc)

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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,” “sustainability agents,” “book runners,” “lead arrangers,” “arrangers,” “sustainability coordinators,” or other designations for purposes hereto, but such designation shall have no substantive effect, and such Lenders and their Affiliates shall have no additional liabilities, powers, duties duties, responsibilities or responsibilities liabilities as a result thereof, but all such Persons shall have the benefit of the indemnities provided hereinherein Section 10.12.

Appears in 2 contracts

Samples: Credit Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc)

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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,” “sustainability agents,” “book runners,” “lead arrangers,” “arrangers,” “sustainability coordinators,” or other designations for purposes hereto, but such designation shall have no substantive effect, and such Lenders and their Affiliates shall have no additional liabilities, powers, duties or, responsibilities or responsibilities liabilities as a result thereof., but all such Persons shall have the benefit of the indemnities provided hereinherein Section 10.12.

Appears in 1 contract

Samples: Credit Agreement (Jones Lang Lasalle Inc)

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