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)).
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Examples of Appointment and Authority in a sentence

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

  • 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 8.1 Events of Default 121 Section 8.2 Remedies Upon Event of Default 124 Section 8.3 Application of Funds 124 Section 8.4 Equity Cure 125 Section 9.1 Appointment and Authority 126 Section 9.2 Rights as a Lender 126 Section 9.3 Exculpatory Provisions 126 Section 9.4 Reliance by Administrative Agent 128 Section 9.5 Delegation of Duties 128 Section 9.6 Resignation of Administrative Agent 128 Section 9.7 Non-Reliance on Administrative Agent and Other Lenders 129 Section 9.8 No Other Duties, Etc.

  • Section 9.1. Appointment and Authority 55 Section 9.2. Right as a Lender 56 Section 9.3. Delegation of Duties 56 Section 9.4. Exculpatory Provisions 56 Section 9.5. Reliance by the Administrative Agent 57 Section 9.6. Notice of Amortization Events 58 Section 9.7. Non‑Reliance on the Administrative Agent and Other Lenders 58 Section 9.8. Indemnification of Administrative Agent.

  • Administrative Agent 101 Section 9.1. Appointment and Authority 101 Section 9.2. Rights as a Lender 101 Section 9.3. Action by Administrative Agent; Exculpatory Provisions 101 Section 9.4. Reliance by Administrative Agent 102 Section 9.5. Delegation of Duties 103 Section 9.6. Resignation of Administrative Agent 103 Section 9.7. Non‑Reliance on Administrative Agent and Other Lenders 104 Section 9.8. L/C Issuer and Swing Line Lender.

  • 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 AGENT 132142 13.1 Appointment and Authority 132142 13.2 Rights as a Lender 132142 13.3 Exculpatory Provisions 132142 13.4 Reliance by Agent 133143 13.5 Delegation of Duties 134143 13.6 Resignation of Agent 134144 13.7 Non-Reliance on Agent and Other Lenders 134144 13.8 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.

  • ADMINISTRATIVE AGENT 102 9.01 Appointment and Authority 102 9.02 Rights as a Lender 102 9.03 Exculpatory Provisions 102 9.04 Reliance by Administrative Agent 103 9.05 Delegation of Duties 103 9.06 Resignation of Administrative Agent 104 9.07 Non-Reliance on Administrative Agent and Other Lenders 105 9.08 No Other Duties, Etc 106 9.09 Administrative Agent May File Proofs of Claim 106 9.10 Guaranty Matters 107 9.11 Certain ERISA Matters 107 9.12 Recovery of Erroneous Payments 108 ARTICLE X.

  • No Subsidiaries 62 ARTICLE X - Events of Default and Remedies Section 10.1. Events of Default 62 Section 10.2. Remedies 65 Section 10.3. Application of Proceeds after Acceleration 65 ARTICLE XI - Administrative Agent Section 11.1. Appointment and Authority 65 Section 11.2. Exculpation, the Administrative Agent’s Reliance, Etc.