Common use of The Administrative Borrower Clause in Contracts

The Administrative Borrower. Each Borrower hereby irrevocably appoints the Andrx Management Corporation as the borrowing agent and attorney-in-fact for all Borrowers (the "ADMINISTRATIVE BORROWER"), which appointment shall remain in full force and effect unless and until the Agent shall have received prior written notice signed by each Borrower that such appointment has been revoked and that another Borrower has been appointed the Administrative Borrower. Each Borrower hereby irrevocably appoints and authorizes the Administrative Borrower (i) to provide the Agent with all notices with respect to Revolving Loans and Letters of Credit obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and (ii) to take such action as the Administrative Borrower deems appropriate on its behalf to obtain Revolving Loans and Letters of Credit and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement.

The Administrative Borrower. Each Borrower hereby irrevocably appoints the Andrx Management Corporation Salton, Inc. as the borrowing agent and attorney-in-fact for all Borrowers (the "ADMINISTRATIVE BORROWERAdministrative Borrower"), which appointment shall remain in full force and effect unless and until the Agent and the Co-Agent shall have received prior written notice signed by each Borrower that such appointment has been revoked and that another Borrower has been appointed the Administrative Borrower. Each Borrower hereby irrevocably appoints and authorizes the Administrative Borrower (i) to provide the Agent and the Co-Agent with all notices with respect to Revolving Loans and Letters of Credit obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and (ii) to take such action as the Administrative Borrower deems appropriate on its behalf to obtain Revolving Loans and Letters of Credit and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement.

The Administrative Borrower. Each Borrower hereby irrevocably appoints the Andrx Management Corporation Oxford Industries, Inc., as the borrowing agent and attorney-in-fact for all Borrowers (the "ADMINISTRATIVE BORROWERAdministrative Borrower"), which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received prior written notice signed by each Borrower that such appointment has been revoked and that another Borrower has been appointed the Administrative Borrower. Each Borrower hereby irrevocably appoints and authorizes the Administrative Borrower (i) to provide the Administrative Agent with all notices with respect to Revolving Loans Loans, Swing Loans, and Letters of Credit obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and (ii) to take such action as the Administrative Borrower deems appropriate on its behalf to obtain Revolving Loans, Swing Loans and Letters of Credit and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement.

The Administrative Borrower. Each Borrower hereby irrevocably appoints the Andrx Management Corporation Oxford Industries, Inc., as the borrowing agent and attorney-in-fact for all Borrowers (the "ADMINISTRATIVE BORROWERAdministrative Borrower"), which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received prior written notice signed by each Borrower that such appointment has been revoked and that another Borrower has been appointed the Administrative Borrower. Each Borrower hereby irrevocably appoints and authorizes the Administrative Borrower (i) to provide the Administrative Agent with all notices with respect to Revolving Loans and Loans, Swing Loans, Letters of Credit and Agent Advances obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and (ii) to take such action as the Administrative Borrower deems appropriate on its behalf to obtain Revolving Loans and Loans, Swing Loans, Letters of Credit and Agent Advances and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement.

The Administrative Borrower. Each Borrower Party hereby irrevocably appoints the Andrx Management Corporation Parent as the borrowing agent and attorney-in-fact for all Borrowers Borrower Parties (the "ADMINISTRATIVE BORROWER"“Administrative Borrower”), which appointment shall remain in full force and effect unless and until the Administrative Agent shall have received prior written notice signed by each Borrower Party that such appointment has been revoked and that another Borrower has been appointed the Administrative Borrower. Each Borrower Party hereby irrevocably appoints and authorizes the Administrative Borrower, on behalf of each of the Borrower Parties, (i) to provide the Administrative Agent with all notices with respect to Revolving Loans and Letters of Credit obtained for the benefit of any Borrower Party and all other notices and instructions under this Agreement and (ii) to take such action as the Administrative Borrower deems appropriate on its behalf to obtain Revolving Loans and Letters of Credit and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement.