Common use of General Authorization Clause in Contracts

General Authorization. Each Lender authorizes and directs Administrative Agent to enter into the Credit Documents for the Lender Liens and agrees that any action taken by Administrative Agent concerning any Collateral (with the consent or at the request of Required Lenders) in accordance with any Credit Document, that Administrative Agent's exercise (with the consent or at the request of Required Lenders) of powers concerning the Collateral in any Credit Document and that all other reasonably incidental powers are authorized and binding upon all Lenders.