Payee of Note Treated as Owner. The Agent may deem and treat the payee of any Note as the owner thereof for all purposes hereof unless and until a written notice of the assignment or transfer thereof shall have been filed with the Agent and the provisions of Section 9.07(c) have been satisfied. Any requests, authority or consent of any Person who at the time of making such request or giving such authority or consent is the holder of any Note shall be conclusive and binding on any subsequent holder, transferee or assignee of that Note or of any Note or Notes issued in exchange therefor or replacement thereof. Each Bank acknowledges that each Person designated as an “Arranger,” a “Documentation Agent” or a “Syndication Agent” shall have no right, duty or responsibility, and shall incur no liability under this Agreement or any other Loan Document in its capacity as an “Arranger,” a “Documentation Agent” or a “Syndication Agent.”
Appears in 2 contracts
Samples: Credit Agreement (Outback Steakhouse Inc), Credit Agreement (Outback Steakhouse Inc)
Payee of Note Treated as Owner. The Administrative Agent may deem and treat the payee of any Note as the owner thereof for all purposes hereof unless and until a written notice of the assignment or transfer thereof shall have been filed with the Administrative Agent and the provisions of Section 9.07(c9.7(c) have been satisfied. Any requests, authority or consent of any Person who at the time of making such request or giving such authority or consent is the holder of any Note shall be conclusive and binding on any subsequent holder, transferee or assignee of that Note or of any Note or Notes issued in exchange therefor or replacement thereof. Each Bank acknowledges that each Person Bank designated as an “a "Co-Arranger,” a “" or "Documentation Agent” or a “Syndication Agent” " on the signature pages of this Agreement shall have no right, duty or responsibility, and shall incur no liability liability, under this Agreement or any other Loan Document in its capacity as an “a "Co-Arranger,” a “" or "Documentation Agent” or a “Syndication Agent.”"
Appears in 1 contract
Payee of Note Treated as Owner. The Agent may deem and treat the payee of any Note as the owner thereof for all purposes hereof unless and until a written notice of the assignment or transfer thereof shall have been filed with the Agent and the provisions of Section 9.07(c) have been satisfied. Any requests, authority or consent of any Person who at the time of making such request or giving such authority or consent is the holder of any Note shall be conclusive and binding on any subsequent holder, transferee or assignee of that Note or of any Note or Notes issued in exchange therefor or replacement thereof. Each Bank acknowledges that each Person designated as an “"Arranger,” " a “"Documentation Agent” " or a “"Syndication Agent” " shall have no right, duty or responsibility, and shall incur no liability under this Agreement or any other Loan Document in its capacity as an “"Arranger,” " a “"Documentation Agent” " or a “"Syndication Agent.”"
Appears in 1 contract