Common use of The Agent and the Banks Clause in Contracts

The Agent and the Banks. 32.1 Each Bank hereby appoints the Agent to act as its agent in connection herewith and authorises the Agent to exercise such right, powers and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers and discretions as are reasonably identical thereto.

Appears in 2 contracts

Samples: Agreement (Gulfmark Offshore Inc), Agreement (Gulfmark International Inc)

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The Agent and the Banks. 32.1 21.01 Each Bank hereby irrevocably appoints the Agent to act as its agent in connection herewith with this Agreement and authorises the Loan Documents and authorizes the Agent to exercise such rightrights, remedies, powers and discretions discretion as are specifically delegated to the Agent by the terms hereof of this Agreement and the Loan Documents together with all such rights, powers and discretions discretion as are reasonably identical incidental thereto.

Appears in 1 contract

Samples: Loan Agreement (Nl Industries Inc)

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The Agent and the Banks. 32.1 30.1 Each Bank hereby appoints the Agent to act as its agent in connection herewith and authorises the Agent to exercise such right, powers and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers and discretions as are reasonably identical thereto.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

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