Appointment and Authority definition

Appointment and Authority. (A) LC Provider hereby designates and appoints U.S. Bank National Association to act as Disbursing Agent and Collateral Agent for LC Provider under this Agreement, and U.S. Bank National Association hereby accepts such appointment subject to the terms hereof. LC Provider hereby irrevocably authorizes the Disbursing Agent and the Collateral Agent in such capacities, through their agents or employees, to take such actions on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are delegated to the Disbursing Agent and the Collateral Agent by the terms of this Agreement and the other Loan Documents, together with such actions and powers as are reasonably incidental thereto. Concurrently herewith, LC Provider directs the Disbursing Agent and the Collateral Agent, and the Disbursing Agent and the Collateral Agent are authorized, to enter into this Agreement and the other Loan Documents and any other related agreements in the forms presented to such Agent. For the avoidance of doubt, LC Provider agrees that it will be subject to and bound by the terms of this Agreement and the other Loan Documents. The provisions of this Section 8(b) are solely for the benefit of the Agents and LC Provider, and none of the Company or any of its Subsidiaries or Affiliates shall have rights as a third party beneficiary of any such provisions (other than with respect to the Company’s consent rights under Section 8(b)(v)).
Sample 1

Examples of Appointment and Authority in a sentence

  • Appointment and Authority The Board shall appoint an Exchange Review Council.

  • Appointment and Authority of Chair: One person on the Hearing Panel shall serve as Chair of the panel.

  • Section 9.01 Appointment and Authority 154 Section 9.02 Rights as a Lender 155 Section 9.03 Exculpatory Provisions 155 Section 9.04 Reliance by Administrative Agent 156 Section 9.05 Delegation of Duties 156 Section 9.06 Resignation of Administrative Agent 157 Section 9.08 No Other Duties, Etc.

  • Section 9.01 Appointment and Authority 142145 Section 9.02 Rights as a Lender 142146 Section 9.03 Exculpatory Provisions 143146 Section 9.04 Reliance by Agents 144147 Section 9.05 Delegation of Duties 144147 Section 9.06 Indemnification of Agents 144147 Section 9.07 Resignation of Agents 145148 Section 9.08 Non-Reliance on Agents and Other Lenders 146149 Section 9.09 No Other Duties, etc.

  • The contract documents shall be deemed to include this AGREEMENT, the provisions required by state and federal law to be inserted in the AGREEMENT as set forth in APPENDIX A, APPENDIX A-1, APPENDIX B, APPENDIX B-1, APPENDIX C, SCHEDULE A (includingEXHIBITS), SCHEDULE B (including EXHIBITS), the STATE’s Request for Proposals (RFP), and the CONSULTANT’s Proposal.

  • Interest Rate Limitation 64 10.1. Appointment and Authority 65 10.2. Rights as a Lender 65 10.3. Exculpatory Provisions 65 10.4. Reliance by Administrative Agent 66 10.5. Delegation of Duties 67 10.6. Resignation of Administrative Agent 67 10.7. Non-Reliance on Administrative Agent and Other Lenders 68 10.8. No Other Duties, etc 68 10.9. Administrative Agent May File Proofs of Claim 68 10.10.

  • Section 9.01 Appointment and Authority 192 Section 9.02 Rights as a Lender 193 Section 9.03 Exculpatory Provisions 193 Section 9.04 Reliance by Administrative Agent 194 Section 9.05 Delegation of Duties 195 Section 9.06 Resignation of Administrative Agent 195 Section 9.07 Non-Reliance on Administrative Agent and Other Lenders 197 Section 9.08 No Other Duties, Etc.

  • Conference Hearings: Appointment and Authority of Pro Tempore Workers' Compensation Judges.

  • Section 10.01 Appointment and Authority 90 Section 10.02 Rights as a Lender 90 Section 10.03 Exculpatory Provisions 90 Section 10.04 Reliance by Administrative Agent 91 Section 10.05 Delegation of Duties 92 Section 10.06 Resignation of Administrative Agent 92 Section 10.07 Non-Reliance on Administrative Agent and Other Lenders 93 Section 10.08 No Other Duties, Etc.

  • ADMINISTRATIVE AGENT 88 9.01 Appointment and Authority 88 9.02 Rights as a Lender 88 9.03 Exculpatory Provisions 89 9.04 Reliance by Administrative Agent 89 9.05 Delegation of Duties 90 9.06 Resignation or Removal of Administrative Agent 90 9.07 Non-Reliance on Administrative Agent and Other Lenders 91 9.08 No Other Duties, Etc 91 9.09 Administrative Agent May File Proofs of Claim 91 9.10 Collateral and Guaranty Matters 92 10.

Related to Appointment and Authority

  • second authority means the authority to which a mover is liable to make payments for the new dwelling;

  • Lead Authority means the local authority appointed by the Parties under this agreement to lead on a particular function in accordance with Clause 12.

  • Road authority means each governmental agency with jurisdiction over public streets and highways. Road authority includes the department, any other state agency, and intergovernmental, county, city, and village governmental agencies responsible for the construction, repair, and maintenance of streets and highways. When a street railway operates or seeks to operate a street railway system over public streets and highways over which more than 1 road authority possesses jurisdiction, road authority includes each road authority with jurisdiction over public streets and highways upon which the street railway operates or seeks to operate a street railway system.

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • authorized authority means, in relation to any Person, transaction or event, any (a) federal, provincial, municipal or local governmental body (whether administrative, legislative, executive or otherwise), both domestic and foreign, (b) agency, authority, commission, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government, (c) court, arbitrator, commission or body exercising judicial, quasi-judicial, administrative or similar functions, and (d) other body or entity created under the authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange, in each case having jurisdiction over such Person, transaction or event.

  • designated authority means any of the following;

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • requested authority means a competent administrative authority which has been appointed by a Party for this purpose and which receives a request for assistance in customs matters;

  • Combined Authority means an authority established under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 or an authority to which a delegation of the Secretary of State’s functions has been made under section 39A of the Greater London Authority Act 1999;

  • Corporate Authorities means the City Council of the City.

  • Second Authorised Participant means GWM Limited and any successor thereto.

  • Appropriate Authority means any government or taxing authority.

  • Award Authority means the authority having the jurisdiction to award the Contract according to the City’s by-laws, policies or procedures;

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Authorised Authority Representative means the Authority representative named in CCN as authorised to approve agreed Variations to the Contract.

  • General power of appointment means a power of appointment exercisable in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.

  • Appellate Authority means Committee of Directors consisting of Director (Finance) and Director (BD) for works centers under Director (Projects). For all other cases committee of Directors shall consist of Director (Finance) & Director (Projects).

  • Fire authority means the department, agency, or public entity with responsibility

  • Reactive Power means the power component which does not produce work but is necessary to allow some equipment to operate, and is measured in kiloVolt Amperes Reactive (kVAR);

  • Appropriate Authority(ies) means the U.S. State Department, the government authority(ies) in the Covered Person’s Home Country or Country of Residence or the government authority(ies) of the Host Country.

  • State authority means the hospital finance authority created by this act.

  • Authority means any governmental, regulatory or administrative body, agency or authority, any court or judicial authority, any arbitrator, or any public, private or industry regulatory authority, whether international, national, Federal, state, or local.

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Executive Authority means the executive committee or executive mayor of the Municipality or, if the Municipality does not have an executive committee or executive mayor, a committee of councillors appointed by the Municipal Council;

  • Applicable Authority means (a) with respect to SOFR, the SOFR Administrator or any Governmental Authority having jurisdiction over the Administrative Agent or the SOFR Administrator with respect to its publication of SOFR, in each case acting in such capacity and (b) with respect to any Alternative Currency, the applicable administrator for the Relevant Rate for such Alternative Currency or any Governmental Authority having jurisdiction over the Administrative Agent or such administrator with respect to its publication of the applicable Relevant Rate, in each case acting in such capacity.

  • Responsible administrative authority means, with respect to a structured settlement, any government authority vested by law with exclusive jurisdiction over the settled claim resolved by the structured settlement.