Limited Authority. The Customs Broker’s sole authority as the agent of the Administrative Agent is to receive and maintain possession of the Title Documents on behalf of the Administrative Agent and to follow the instructions of the Administrative Agent to the extent provided herein. Except as may be specifically authorized and instructed by the Administrative Agent, the Customs Broker shall have no authority as the agent of the Administrative Agent to undertake any other action or to enter into any other commitments on behalf of the Administrative Agent.
Appears in 5 contracts
Samples: Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.), Joinder Agreement (Quiksilver Inc)
Limited Authority. The Customs Broker’s sole authority as the agent of the Administrative Agent is to receive and maintain possession of the Title Documents on behalf of the Administrative Agent and to follow the instructions of the Administrative Agent to the extent as provided herein. Except as may be specifically authorized and instructed by the Administrative Agent, the Customs Broker shall have no authority as the agent of the Administrative Agent to undertake any other action or to enter into any other commitments on behalf of the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Toys R Us Inc), Credit Agreement (Toys R Us Inc)
Limited Authority. The Customs Broker’s sole authority as the agent of the Administrative Security Agent is to receive and maintain possession of the Title Documents on behalf of the Administrative Security Agent and to follow the instructions of the Administrative Security Agent to the extent as provided herein. Except as may be specifically authorized authorised and instructed by the Administrative Security Agent, the Customs Broker shall have no authority as the agent of the Administrative Security Agent to undertake any other action or to enter into any other commitments on behalf of the Administrative Security Agent.
Appears in 1 contract
Samples: Facility Agreement (Toys R Us Inc)
Limited Authority. The Customs Broker’s sole authority as the agent of the Administrative Agent is to receive and maintain possession of the Title Documents and Property on behalf of the Administrative Agent and to follow the instructions of the Administrative Agent to the extent as provided herein. Except as may be specifically authorized and instructed in writing by the Administrative Agent, Agent the Customs Broker shall have no authority as the agent of the Administrative Agent to undertake any other action or to enter into any other commitments on behalf of the Administrative Agent.
Appears in 1 contract
Samples: Credit Agreement (Radioshack Corp)
