Common use of PXXXXX; XXTIES SPECIFIED Clause in Contracts

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing Bank; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 3 contracts

Samples: Credit Agreement (America West Holdings Corp), Security Agreement (America West Airlines Inc), Security Agreement (America West Airlines Inc)

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PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The No Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Prime Succession Inc), Credit Agreement (Penton Media Inc), Credit Agreement (Zilog Inc)

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the Agent Agents to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Agent Agents shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Agent Agents may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The Agent Agents shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Agent Agents any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Atlas Air Inc)

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Revolving Loan Documents as are specifically delegated or granted to the such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Revolving Loan Documents. The Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The No Agent shall not have, by reason of this Agreement or any of the other Revolving Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Revolving Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the any Agent any obligations in respect of this Agreement or any of the other Revolving Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (JCS Realty Corp)

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes each of the Agent Agents to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Agent Agents shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Agent Agents may each exercise such powers, rights and remedies and perform such duties by or through its their agents or employees. The Agent Agents shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Agent Agents any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Atlas Air Inc)

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Atlas Air Inc)

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PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the Agent Agents to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the each Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Agent Agents shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Agent Agents may exercise such powers, rights and remedies and perform such duties by or through its their agents or employees. The Agent Agents shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Agent Agents any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Term Loan Agreement (Oxford Health Plans Inc)

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other AXEL Loan Documents as are specifically delegated or granted to the such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other AXEL Loan Documents. The Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The No Agent shall not have, by reason of this Agreement or any of the other AXEL Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other AXEL Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the any Agent any obligations in respect of this Agreement or any of the other AXEL Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Axel Credit Agreement (JCS Realty Corp)

PXXXXX; XXTIES SPECIFIED. Each Lender irrevocably authorizes the each Agent to take such action on such Lender's Lender"s behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to the such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. The Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. The Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The No Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender or the Issuing BankLender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Prime Succession Inc)

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