Authorization to Execute other Loan Documents. Each Lender hereby authorizes the Administrative Agent to execute on behalf of all Lenders all Loan Documents other than this Agreement.
Authorization to Execute other Loan Documents. (a) Each Lender authorizes the Administrative Agent to enter into each of the Loan Documents to which it is a party and to take all action contemplated by such Loan Documents, including, without limitation, the negotiation and execution of any Intercreditor Agreement. Each Lender agrees (except to the extent provided in Section 9.7(b) following the resignation of the Administrative Agent) that no Lender, other than the Administrative Agent acting on behalf of all Lenders, shall have the right individually to seek to realize upon the security granted by any Loan Document, it being understood and agreed that such rights and remedies may be exercised solely by the Administrative Agent for the benefit of the Lenders, upon the terms of the Loan Documents. Each Lender further authorizes the Administrative Agent, and, at the request of the Borrower, the Administrative Agent shall, release any Subsidiary Loan Party from its obligations under the Subsidiary Guaranty Agreement and any other Loan Documents to which it is a party (and the pledge of any equity interests in such Subsidiary Loan Party) (i) in connection with any sale, liquidation, dissolution or other disposition of such Subsidiary Loan Party; provided, that such sale, liquidation, dissolution or other disposition is otherwise permitted under the Loan Documents, (ii) in accordance with Section 5.11(c) and (iii) in the event that such Subsidiary Loan Party becomes an Excluded Subsidiary.
(b) In the event that any Collateral is pledged by any Person as collateral security for the Obligations, the Administrative Agent is hereby authorized to execute and deliver on behalf of the Lenders any Loan Documents necessary or appropriate to grant and perfect a Lien on such Collateral in favor of the Administrative Agent on behalf of the Lenders.
(c) The Lenders hereby authorize the Administrative Agent, and the Administrative Agent hereby agrees, to release any Lien granted to or held by the Administrative Agent upon any Collateral (i) upon Payment in Full of all of the Obligations; (ii) as permitted by, but only in accordance with, the terms of the applicable Loan Document; (iii) if approved, authorized or ratified in writing by the Required Lenders, unless such release is required to be approved by all of the Lenders hereunder; (iv) the release or subordination of any Lien on any assets which (A) are transferred or disposed of in accordance with the terms of this Agreement or (B) become subject to a Lien permitted...
Authorization to Execute other Loan Documents. Each Purchaser hereby authorizes the Noteholder Representative to execute on behalf of all Purchasers all Loan Documents other than this Agreement.
Authorization to Execute other Loan Documents. Each Lender authorizes the Administrative Agent to enter into each of the Loan Documents (including, without limitation, intercreditor agreements or subordination agreements contemplated by the terms hereof (other than this Agreement) and to act on its behalf and to take all actions contemplated by such Loan Documents and agrees that it shall be bound by such Loan Documents as if a signatory thereto. Neither the Administrative Agent, nor its Related Parties, shall have any liability or responsibility for the actions or omissions of any Secured Party, or for any other Secured Party’s compliance with (or failure to comply with) the terms, covenants and agreements set forth in this Agreement and each of the Loan Documents.
Authorization to Execute other Loan Documents. Each Lender hereby authorizes the Administrative Agent and the Canadian Funding Agent to execute on behalf of all Lenders all Loan Documents other than this Agreement.
Authorization to Execute other Loan Documents. Each Lender hereby authorizes the Agent to execute on behalf of all Lenders all Loan Documents other than this Agreement.
Authorization to Execute other Loan Documents. Collateral 72 Section 9.9. Benefits of Article 9 73 Section 9.10. Titled Agents 73 ARTICLE 10 MISCELLANEOUS 73 Section 10.1. Notices 73 Section 10.2. Waiver; Amendments 75 Section 10.3. Expenses; Indemnification 77 Section 10.4. Successors and Assigns 78
Authorization to Execute other Loan Documents. Each Lender authorizes the Agent to enter into each of the Loan Documents to which it is a party and to take all action contemplated by such Loan Documents
Authorization to Execute other Loan Documents. Each Lender by accepting the benefits of the Collateral and the Loan Documents authorizes the Collateral Agent to enter into each of the Loan Documents (including, without limitation, any Intercreditor Agreements or subordination agreement contemplated by the terms hereof) (other than this Agreement) and to act on its behalf and to take all actions contemplated by such Loan Documents and agrees that it shall be bound by such Loan Documents as if a signatory thereto. Neither the Collateral Agent, nor its Related Parties, shall have any liability or responsibility for the actions or omissions of any Lender, or for any other Lender’s compliance with (or failure to comply with) the terms, covenants and agreements set forth in this Agreement and each of the Loan Documents.
Authorization to Execute other Loan Documents. Each Lender hereby authorizes the Administrative Agent to execute, upon such Lender’s direction, on behalf of all Lenders all Loan Documents (including, without limitation, the bailee letters and other Security Documents in the form provided by the Lenders) other than this Agreement. For the avoidance of doubt, each Lender hereby authorizes and directs the Administrative Agent to enter into the Intercreditor Agreement on behalf of the Lenders and agrees it shall comply with the provisions of the Intercreditor Agreement applicable to such Lender in its capacity as such to the same extent as if such Lender were party thereto.
