Common use of Facility Agent's Authority Clause in Contracts

Facility Agent's Authority. Each of the Agents (other than the Facility Agent), the Arranger and the Banks irrevocably authorises the Facility Agent to execute any Supplemental Agreement on its behalf. The Facility Agent shall promptly notify each of the Banks of the execution by it of any Supplemental Agreement.

Appears in 4 contracts

Samples: Multicurrency Revolving Credit Agreement (Royal Ahold), Multicurrency Revolving Credit Agreement (Royal Ahold), Multicurrency Revolving Credit Agreement (Royal Ahold)

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Facility Agent's Authority. Each of the Agents (other than the Facility Agent), the Arranger Arrangers and the Banks irrevocably authorises the Facility Agent to execute any Supplemental Agreement on its behalf. The Facility Agent shall promptly notify each of the Banks of the execution by it of any Supplemental Agreement.

Appears in 1 contract

Samples: Multicurrency Stand by Bridge Revolving Credit Agreement (Royal Ahold)

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Facility Agent's Authority. Each of the Agents (other than the Facility Agent)Arrangers, the Arranger Issuing Banks and the Banks irrevocably authorises the Facility Agent to execute any Supplemental Agreement on its behalf. The Facility Agent shall promptly notify each of the Banks and the Issuing Banks of the execution by it of any Supplemental Agreement.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Royal Ahold)

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