Common use of Sub-Agent Clause in Contracts

Sub-Agent. The Borrower and the Lenders hereby acknowledge that the Administrative Agent may, in its sole discretion, delegate any of its obligations hereunder to the Sub-Agent, provided that it has obtained prior consent to such delegation from the Sub-Agent. The Borrower and the Lenders further agree that the Sub-Agent shall be entitled to exercise each of the rights and to enjoy each of the benefits of the Administrative Agent under this Agreement as related to the performance of its obligations hereunder.

Sub-Agent. The Borrower and the Lenders hereby --------- acknowledge that the Administrative Agent may, in its sole discretion, delegate any of its obligations hereunder to the Sub-Agent, provided that it has -------- obtained prior consent to such delegation from the Sub-Agent. The Borrower and the Lenders further agree that the Sub-Agent shall be entitled to exercise each of the rights and to enjoy each of the benefits of the Administrative Agent under this Agreement as related to the performance of its obligations hereunder.

Sub-Agent. The Borrower and the Lenders hereby acknowledge that the Administrative Agent may, in its sole discretion, delegate any of its obligations hereunder to the Sub-Agent, provided that provided, that, it has obtained prior consent to such delegation from the Sub-Agent. The Borrower and the Lenders further agree that the Sub-Agent shall be entitled to exercise each of the rights and to enjoy each of the benefits of the Administrative Agent under this Agreement as related to the performance of its obligations hereunder.