Parent Borrower Appointment Clause Samples

Parent Borrower Appointment. Each Co-Borrower hereby designates the Parent Borrower as its representative and agent on its behalf for the purpose of issuing, executing and delivering Committed Loan Notices and Swing Line Loan Notices, delivering and giving instructions with respect to the disbursements of the proceeds of the Loans, paying, prepaying and reducing loans, commitments, or any other amounts owing under the Loan Documents, selecting interest rate options, requesting, executing and delivering Letters of Credit, executing, delivering, giving and receiving all other agreements, documents, certificates, instruments, notices and consents hereunder or under any of the other Loan Documents and taking all other actions (including in respect of compliance with covenants) on behalf of the Parent Borrower or the Co-Borrowers under the Loan Documents; provided, however, that any amounts paid by the Parent Borrower on behalf of another Borrower shall be deemed a payment by such other Borrower. The Parent Borrower hereby accepts such appointment. The Administrative Agent, each Lender and each L/C Issuer may regard any certificate, document, notice or other communication delivered pursuant to any Loan Document by the Parent Borrower as a certificate, document, notice or communication delivered by the Parent Borrower and all of the Co-Borrowers. Each representation, warranty, covenant, agreement and undertaking made on a Co-Borrower’s behalf by the Parent Borrower shall be deemed for all purposes to have been made by each such Co-Borrower and shall be binding upon and enforceable against such Co-Borrower to the same extent as if the same had been made directly by such Co-Borrower. IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and deliver this Agreement as of the date first written above. INVENTIV HEALTH, INC., as the Parent Borrower By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: General Counsel and Secretary INVENTIV HOLDINGS, INC. as Holdings, By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: General Counsel and Secretary CO-BORROWERS: 11190 BISCAYNE, LLC ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ LLC ▇▇▇▇▇▇▇▇ CHICCO COMPANIES LLC IGNITE HEALTH LLC INVENTIV ADVANCE INSIGHTS, INC. INVENTIV CLINICAL, LLC INVENTIV COMMUNICATIONS, INC. INVENTIV HEALTH CLINICAL LAB, INC. INVENTIV HEALTH CLINICAL, INC. INVENTIV HEALTH CLINICAL, LLC INVENTIV HEALTH CLINICAL SRS, LLC INVENTIV MEDICAL MANAGEMENT LLC INVENTIV PATIENT ACCESS SOLUTIONS, LLC MYSTRO LOGISTICS SOLUTIONS, LLC MYSTRO RES...