Syndication Agents; Documentation Agents Sample Clauses
The 'Syndication Agents; Documentation Agents' clause defines the roles and responsibilities of agents appointed to manage the syndication process and oversee documentation in a financing transaction. Typically, a syndication agent coordinates the involvement of multiple lenders, facilitates communication, and manages the allocation of loan portions, while a documentation agent ensures that all necessary legal and financial documents are properly prepared, executed, and distributed. This clause clarifies the scope of authority and duties for these agents, helping to streamline the loan process and prevent misunderstandings among the parties involved.
Syndication Agents; Documentation Agents. None of the Lenders identified in this Agreement as a Syndication Agent or Documentation Agent shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of such Lenders shall have or be deemed to have a fiduciary relationship with any Lender. Each Lender hereby makes the same acknowledgments with respect to such Lenders as it makes with respect to the Agent in Section 10.11.
Syndication Agents; Documentation Agents. Each Lender hereby designates Citibank, N.A. and ▇▇▇▇▇ Fargo Bank, N.A. as Co-Syndication Agents and agrees that the Co-Syndication Agents shall have no duties or obligations under any Loan Documents to any Lender or any Loan Party. Each Lender hereby designates Barclays Bank PLC and Regions Bank as Co-Documentation Agents and agrees that the Co-Documentation Agents shall have no duties or obligations under any Loan Documents to any Lender or any Loan Party.
Syndication Agents; Documentation Agents. In connection with this Amendment and the Initial Revolving-B Loan Commitments, and subject to Section 9.8 of the Credit Agreement, (a) Truist Bank, Bank of America, N.A. and Regions Bank shall serve as Syndication Agents and (b) Citizens Bank, N.A., MUFG Bank, Ltd., and Texas Capital Bank shall serve as Documentation Agents.
Syndication Agents; Documentation Agents. Managing Agents and Co-Agents. Nothing in this Agreement shall impose upon the Syndication Agents, in such capacity, the Documentation Agents, in such capacity, the Managing Agents, in such capacity, or the Co-Agents, in such capacity, any duties or obligations whatsoever.
Syndication Agents; Documentation Agents. Notwithstanding the provisions of this Agreement or any of the other Loan Documents, no Person who is or becomes a “syndication agent” or a “documentation agent” shall have any powers, rights, duties, responsibilities or liabilities with respect to this Agreement and the other Loan Documents.
Syndication Agents; Documentation Agents. Each Lender hereby appoints Bank of America, N.A. as Syndication Agent and each of KeyBank National Association, US Bank, National Association and Mizuho Corporate Bank, Ltd. as a Documentation Agent, and hereby acknowledges and agrees that the Syndication Agent and Documentation Agents shall have no duties or responsibilities hereunder in its capacity as such.
Syndication Agents; Documentation Agents. Each Lender hereby irrevocably appoints and authorizes Antares Capital Corporation and General Electric Capital Corporation to act as Syndication Agents hereunder and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital, a division of ▇▇▇▇▇▇▇ ▇▇▇▇▇ Business Financial Services Inc., and The Royal Bank of Scotland plc to act as Documentation Agents hereunder; provided that, notwithstanding any other provision of this Agreement or any of the other Credit Documents, the Syndication Agents and the Documentation Agents are named as such for recognition purposes only, and in their respective capacities as such shall have no powers, rights, duties, responsibilities or liabilities with respect to this Agreement and the other Credit Documents and the transactions contemplated hereby and thereby. Without limitation of the foregoing, no Syndication Agent or Documentation Agent shall have, by reason of this Agreement or any other Credit Document, a fiduciary relationship in respect of any Lender or any other Person. Each Lender hereby makes the same acknowledgments with respect to the Syndication Agents and Documentation Agents as it makes in Section 10.5 with respect to the Administrative Agent.
