Initial Agent Sample Clauses

The Initial Agent clause designates the first party or entity responsible for acting as the agent under the agreement. It typically identifies the agent by name and may outline the agent's initial duties, authority, and the conditions under which they begin their role. This clause ensures that all parties are clear about who is authorized to act on behalf of the group or syndicate from the outset, thereby preventing confusion or disputes regarding agency at the start of the contractual relationship.
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Initial Agent. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Mortgage Capital Holdings LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇ ▇▇▇ with a copy to: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Mortgage Capital Holdings LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: Legal Compliance Division and a copy by e-mail to: ▇▇▇▇_▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ 1. ▇▇▇▇▇▇▇▇▇ Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc.
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Initial Agent. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Mortgage Capital Holdings LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇ ▇▇▇ with a copy to: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Mortgage Capital Holdings LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ New York, New York 10019 Attention: Legal Compliance Division and a copy by e-mail to: 1. ▇▇▇▇▇▇▇▇▇ Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, LLC 11. Praedium Group 12. JER Partners 13. Fortress Investment Group LLC 14. Lone Star Funds 15. Clarion Partners
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Initial Agent. (a) Initial Agent is acting as initial agent under this Agreement, the Building Loan Mortgage and the Building Loan Assignment of Leases solely for the purpose of making available to Borrower an exemption from mortgage recording tax so that the Project may be financially feasible for Borrower. In order to accomplish the foregoing, Initial Agent hereby agrees to file this Agreement with the New York County Clerk’s Office and to submit the Building Loan Mortgage and the Building Loan Assignment of Leases to the Office of the City Register of New York County for recordation. Upon such filing of this Agreement and such submission for recording of the Building Loan Mortgage and the Building Loan Assignment of Leases, effective immediately, automatically and without any further action whatsoever, Initial Agent shall be deemed to have (i) resigned as the initial agent (and the parties hereto consent to and accept such resignation), and (ii) assigned unto Agent all of Initial Agent’s right, title and interest as initial agent under this Agreement, the Building Loan Mortgage and the Building Loan Assignment of Leases (and Agent shall be deemed to have consented to and accepted such assignments). The foregoing assignments are made without recourse, representation or warranty by Initial Agent, in any case or event or for any purpose whatsoever. In confirmation of (and simultaneously with) the foregoing assignments, Initial Agent and Agent shall execute an assignment and assumption agreement evidencing such assignment which shall be filed in the New York County Clerk’s Office immediately after the filing of the Building Loan Agreement in such office and submitted for recording in the Office of the City Register of New York County immediately after the submission of the Building Loan Mortgage and the Building Loan Assignment of Leases. (b) Except as set forth in Section 8.08(a), Initial Agent has no beneficial interest in or discretionary authority, and has no obligations, responsibilities or liabilities, as initial agent under this Agreement, the Building Loan Mortgage, the Building Loan Assignment of Leases and such Building Loan Notes. Initial Agent has no beneficial interest in or discretionary authority, and has no obligations, responsibilities or liabilities, under any other Building Loan Document. (c) Borrower acknowledges that Initial Agent is entering into this Agreement solely as an accommodation to Borrower and that Initial Agent shall have absolutely no obl...
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Initial Agent. Morgan S▇▇▇▇▇▇ Mortgage Capital Holdings LLC 1585 ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ntion: J▇▇▇ ▇▇▇ with a copy to: Morgan S▇▇▇▇▇▇ Mortgage Capital Holdings LLC 1633 Broadway, 29th Floor New York, New York 10019 Attention: Legal Compliance Division and a copy by e-mail to: 1. Westbrook Partners 2. DLJ Real Estate Capital Partners
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Initial Agent. Morgan Stanley Mortgage Capital Holdings LLC 1585 Broadway New York, New York 10036 Attention: Jane Lam with a copy to: Morgan Stanley Mortgage Capital Holdings LLC 1633 Broadway, 29th Floor New York, New York 10019 Attention: Legal Compliance Division and a copy by e-mail to: 1. Westbrook Partners 2. DLJ Real Estate Capital Partners 3. iStar Financial Inc. 4. Capital Trust, Inc. 5. Lend-Lease Real Estate Investments 6. Archon Capital, L.P. 7. Whitehall Street Real Estate Fund, L.P. 8. The Blackstone Group International Ltd. 9. Apollo Real Estate Advisors 10. Colony Capital, LLC 11. Praedium Group 12. JER Partners 13. Fortress Investment Group LLC 14. Lone Star Funds 15. Clarion Partners
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Initial Agent. The initial agent for services of process of the Company shall be ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and her address is ▇▇▇▇▇▇▇▇ ▇▇▇▇, 4 Calle Mexico ▇▇▇▇. ▇▇▇, ▇▇▇ ▇▇▇▇, Puerto Rico 00917-2206. The Manager may from time to time change the Company's agent for services of process.
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Initial Agent. The initial agent for service of process on the Company shall be ▇▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 1500, Los Angeles, CA 90024. The Members may from time to time change the Company’s agent for service of process.
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Related to Initial Agent

  • Collateral Agent Each Buyer hereby (i) appoints ▇▇▇▇▇▇ Bay Master Fund Ltd., as the collateral agent hereunder and under the other Security Documents (in such capacity, the “Collateral Agent”), and (ii) authorizes the Collateral Agent (and its officers, directors, employees and agents) to take such action on such Buyer’s behalf in accordance with the terms hereof and thereof. The Collateral Agent shall not have, by reason hereof or any of the other Security Documents, a fiduciary relationship in respect of any Buyer. Neither the Collateral Agent nor any of its officers, directors, employees or agents shall have any liability to any Buyer for any action taken or omitted to be taken in connection hereof or any other Security Document except to the extent caused by its own gross negligence or willful misconduct, and each Buyer agrees to defend, protect, indemnify and hold harmless the Collateral Agent and all of its officers, directors, employees and agents (collectively, the “Collateral Agent Indemnitees”) from and against any losses, damages, liabilities, obligations, penalties, actions, judgments, suits, fees, costs and expenses (including, without limitation, reasonable attorneys’ fees, costs and expenses) incurred by such Collateral Agent Indemnitee, whether direct, indirect or consequential, arising from or in connection with the performance by such Collateral Agent Indemnitee of the duties and obligations of Collateral Agent pursuant hereto or any of the Security Documents. The Collateral Agent shall not be required to exercise any discretion or take any action, but shall be required to act or to refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the Required Holders, and such instructions shall be binding upon all holders of Notes; provided, however, that the Collateral Agent shall not be required to take any action which, in the reasonable opinion of the Collateral Agent, exposes the Collateral Agent to liability or which is contrary to this Agreement or any other Transaction Document or applicable law. The Collateral Agent shall be entitled to rely upon any written notices, statements, certificates, orders or other documents or any telephone message believed by it in good faith to be genuine and correct and to have been signed, sent or made by the proper Person, and with respect to all matters pertaining to this Agreement or any of the other Transaction Documents and its duties hereunder or thereunder, upon advice of counsel selected by it.