Common use of Use of Sub-Agents Clause in Contracts

Use of Sub-Agents. Each Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by such Agent. Any Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this §16 shall apply to any such sub-agent and to the Related Parties of such Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 4 contracts

Samples: Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc)

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Use of Sub-Agents. Each Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by such Agent. Any Each Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this §16 the preceding paragraphs shall apply to any such sub-agent and to the Related Parties of such Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunderAgent.

Appears in 1 contract

Samples: Credit Agreement (Telemig Celular Participacoes Sa)

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Use of Sub-Agents. Each The Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by such the Agent, including without limitation designating its Affiliates from time to time to perform the duties to be performed by the Agent hereunder with respect to Advances denominated in Alternative Currencies. Any The Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related PartiesAffiliates. The exculpatory provisions of this §16 the preceding paragraphs shall apply to any such sub-agent and to the Related Parties Affiliates of such the Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunderAgent.

Appears in 1 contract

Samples: Credit and Security (Stoneridge Inc)

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