Nature of Agency. The appointment of Agent as agent is for the convenience of Banks and Company in making Advances of the Revolving Credit or any other Indebtedness of Company hereunder, and collecting fees and principal and interest on the Indebtedness. No Bank is purchasing any Indebtedness from Agent and this Agreement is not intended to be a purchase or participation agreement.
Nature of Agency. 109 12.10 Authority of Agent to Enforce Notes and This Agreement........................................109 12.11 Indemnification...............................................................................109 12.12
Nature of Agency. The appointment of Agent as Agent is for the convenience of Lenders, and the Borrowers in making Advances of the Revolving Credit, the Term Loan or any other Indebtedness of the Borrowers hereunder, collecting fees, and principal and interest on the Indebtedness, and otherwise administering this Agreement and the other Loan Documents according to the express terms hereof and thereof. No Lender is purchasing any Indebtedness from Agent; and this Agreement is not intended to be a purchase or participation agreement (except to the extent of the participations or risk participations acquired pursuant to Sections 2.5(e)(iii) and 3.6(c) hereof).
Nature of Agency. The appointment of Agents as Agent and Syndication Agent, respectively, is for the convenience of Lenders, Company and the Permitted Borrowers in making Advances of the Revolving Credit or any other Indebtedness of Company or the Permitted Borrowers hereunder, collecting fees, and principal and interest on the Indebtedness, and otherwise administering this Agreement and the other Loan Documents according to the express terms hereof and thereof. No Lender is purchasing any Indebtedness from Agents (or either of them) and this Agreement is not intended to be a purchase or participation agreement (except to the extent of risk participations acquired pursuant to Section 3.6(c) hereof).
Nature of Agency. 118 12.10 Authority of Agent to Enforce Notes and This Agreement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 12.11 Indemnification. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119 12.12
Nature of Agency. The appointment of Agent as Agent is for the convenience of Lenders, Company and the Permitted Borrowers in making Advances of the Revolving Credit or any other Indebtedness of Company or the Permitted Borrowers hereunder, collecting fees, and principal and interest on the Indebtedness, and otherwise administering this Agreement and the other Loan Documents according to the express terms hereof and thereof. No Lender is purchasing any Indebtedness from Agents (or either of them) and this Agreement is not intended to be a purchase or participation agreement (except to the extent of risk participations acquired pursuant to Section 3.6(c) hereof).
Nature of Agency. 30 9.9 Actions; Confirmation of Agent's Authority to Act in Event of Default . . . . . . . . . . . . . . . . . . 30 9.10 Authority of Agent to Enforce Purchase Money Notes and This Agreement . . . . . . . . . . . . . . . . . 30 9.11 Indemnification. . . . . . . . . . . . . . . . . . . 31 9.12
Nature of Agency. It is expressly understood that RSC and GMREDCO are and shall remain independent contractors. This Agreement shall not be construed as creating a joint venture or partnership between them or their respective successors in interests. Neither Party shall have any authority to create or assume, in the name or on behalf of the other Party, any obligation, expressed or implied, nor to act or purport to act as the agent or the legally empowered representative of the other Party hereto for any purpose whatsoever except as expressly set forth herein.
Nature of Agency. 38 13.10 Actions; Confirmation of Agent's Authority to Act in Event of Default. . . . . . . . . . . . . . 38 13.11 Authority of Agent to Enforce Notes And This Agreement................................ 39