Rayonier as Agent Sample Clauses
The 'Rayonier as Agent' clause establishes that Rayonier is acting on behalf of another party, typically as an intermediary or representative, rather than as a principal in its own right. In practice, this means that Rayonier may be responsible for carrying out certain tasks, negotiating contracts, or managing transactions for the benefit of its principal, without assuming ownership or direct liability for the underlying goods or services. This clause clarifies the legal relationship and responsibilities, ensuring that obligations and risks are properly allocated between the principal and Rayonier, and helps prevent misunderstandings about Rayonier's role in the agreement.
Rayonier as Agent. Each of ROC and TRS hereby designates and appoints Rayonier as its representative and agent on its behalf for the purposes of issuing notices and reports, delivering certificates, giving instructions, receiving notices and granting consents hereunder and under the other Loan Documents, and taking all other actions (including in respect of compliance with covenants) on behalf of any Borrower or Borrowers under the Loan Documents. Rayonier hereby accepts such appointment.
Rayonier as Agent. Each of ROC, TRS and, upon becoming a Borrower hereunder, RLP hereby designates and appoints Rayonier as its representative and agent on its behalf for the purposes of issuing notices and reports, delivering certificates, giving instructions, receiving notices and granting consents hereunder and under the other Loan Documents, and taking all other actions (including in respect of compliance with covenants) on behalf of any Borrower or Borrowers under the Loan Documents. Rayonier hereby accepts such appointment.
Rayonier as Agent. Each of ROC, TRS and, upon becoming a Borrower hereunder, Newco hereby designates and appoints Rayonier as its representative and agent on its behalf for the purposes of issuing notices and reports, delivering certificates, giving instructions, receiving notices and granting consents hereunder and under the other Loan Documents, and taking all other actions (including in respect of compliance with covenants) on behalf of any Borrower or Borrowers under the Loan Documents. Rayonier hereby accepts such appointment.