Appointment of the Agent definition

Appointment of the Agent. Each Bank hereby appoints the Agent to act as its agent in connection with the Finance Documents and authorises the Agent to exercise such rights, power and discretions as are specifically delegated to it by the terms of this Agreement together with all such rights, powers and discretions as are reasonably incidental thereto.
Sample 1

Examples of Appointment of the Agent in a sentence

  • In so far as the Agent acts as security trustee pursuant to Clause 28.1 (Appointment of the Agent), it shall have no obligations beyond those set out in this Clause 28 and in the Intercreditor Agreement.

  • Appointment of the Agent as the Borrower's Attorney-in-Fact................

  • Appointment of the Agent The Club hereby employs the Agent and the Agent hereby agrees to act as agent for the Club.

  • Appointment of the Agent The Player hereby appoints the Agent and the Agent hereby agrees to act as agent for the Player.

  • The Security Agent accepts its appointment under Clause 23.1 (Appointment of the Agent and the Security Agent) as trustee of the Trust Property (as defined in Clause 23.1.3) and shall hold the Trust Property with effect from the date of this Agreement on trust for itself and the other Finance Parties on and subject to the terms set out in the Finance Documents.

  • Appointment of the Agent by the Lenders, the Holders and the Trust.

  • Appointment of the Agent Each of the Lead Arranger and the Banks hereby appoints the Agent to act as its agent in connection herewith and authorises the Agent to exercise such rights, powers, authorities and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers, authorities and discretions as are reasonably incidental thereto.

Related to Appointment of the Agent

  • Appointment means the appointment of any Seller to act in a Corporate Trust Capacity under any of the Corporate Trust Contracts of the Business.

  • Appointment Date shall have the meaning specified in Section 9.02(a).

  • Managing general agent or "MGA" means any person, firm, association or corporation who manages all or part of the insurance business of an insurer, including the management of a separate division, department or underwriting office, and acts as an agent for such insurer whether known as a managing general agent, manager or other similar term, who, with or without the authority, either separately or together with affiliates, produces, directly or indirectly, and underwrites an amount of gross written premium equal to or more than 5% of the policyholder surplus as reported in the last annual statement of the insurer in any one quarter or year together with one or more of the following:

  • 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.

  • Power of appointment means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. The term does not include a power of attorney.

  • Excluded Appointments means those Appointments designated from time to time as "Excluded Appointments" by agreement of the parties.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Letter of Appointment means the written communication by SAICA to the Contractor recording the acceptance by SAICA of Contractor’s bid subject to the further terms and conditions to be itemized in the contract;

  • Lead Agent has the meaning given to it above;

  • Agent means any Registrar or Paying Agent.

  • Designated Agent means any entity that performs actions or functions on behalf of the Transmission Provider, a Transmission Owner, an Eligible Customer, or the Transmission Customer required under the Tariff.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Appointed means the act of naming or designating someone to a position or office.

  • Initial appointment means appointment made otherwise than by promotion or transfer;

  • Agency Representative A person assigned by a primary, assisting, or cooperating federal, state, local, or tribal government agency or private entity that has been delegated authority to make decisions affecting that agency’s or organization’s participation in incident management activities following appropriate consultation with the leadership of that agency. Area: The lands in a described geographic area that are managed and/or protected by the Parties within this Agreement.

  • Restricted Appointment means (a) any Appointment for which the applicable Authorizations have not been obtained, and (b) any Appointment for which the maturity date of the applicable Corporate Trust Contract is on or before June 30, 2022.

  • Serviced Appointment has the meaning set forth in Section 1.1.

  • Appointment Expiration Time has the meaning set forth in Section 3.7.

  • Bank Agent means Bank of America, N.A., in its capacity as administrative agent for the Bank Lenders under the Bank Credit Agreement, and its successors and assigns in such capacity.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Verification on oath or affirmation means a declaration, made by an individual on oath or affirmation before a notarial officer, that a statement in a record is true.

  • appointor means in relation to an alternate Director, the Director who appointed the alternate to act as his alternate;

  • Authorized agent agreement means the written agreement executed between an authorized agent

  • Collateral Agent as defined in the preamble hereto.

  • Loan Parties’ Agent means Xxxxxxxx Group Holdings Limited (formerly known as Rank Group Holdings Limited).

  • Administrative Agent-Related Persons means the Administrative Agent, together with its Affiliates, and the officers, directors, employees, agents and attorneys-in-fact of such Persons and their respective Affiliates.