Enforcement By Agents Sample Clauses
The 'Enforcement By Agents' clause authorizes designated agents to act on behalf of a party in enforcing the terms of the agreement. This means that, for example, a company may appoint a legal representative or a collection agency to pursue remedies or take legal action if the other party breaches the contract. By allowing agents to enforce contractual rights, this clause ensures that enforcement actions can be efficiently delegated, providing flexibility and enabling parties to protect their interests without direct involvement in every enforcement effort.
Enforcement By Agents. Without limiting any other rights that may be available under applicable Law, the rights of the Administrator, each Purchaser Agent and each Purchaser may be enforced through it or by its agents.
Enforcement By Agents. Without limiting any other rights that may be available under applicable Law, the rights of the Administrative Agent, each Facility Agent and each Lender may be enforced through it or by its agents.
Enforcement By Agents. All rights of action under this Agreement, the Notes and the other Credit Documents shall be instituted, maintained, pursued or enforced by Agents. Any suit or proceeding instituted by any Agent in furtherance of such enforcement shall be brought in such Agent’s name without the necessity of joining any of the other Lenders. In any event, the recovery of any judgment by any Agent shall be for the ratable benefit of all Secured Parties, subject to the reimbursement of expenses and costs of such Agent.