Acting Through Agents Clause Samples
The "Acting Through Agents" clause defines the circumstances under which a party may perform its contractual obligations or exercise its rights through representatives or agents. Typically, this clause clarifies that actions taken by authorized agents are considered as actions of the principal party itself, and may require that agents have proper authority or documentation. This provision ensures that contractual dealings remain efficient and practical, especially for organizations that operate through employees or third-party representatives, and it helps prevent disputes over whether an agent’s actions are binding on the principal.
POPULAR SAMPLE Copied 3 times
Acting Through Agents. In exercising any rights under the Loan Documents or taking any actions provided for therein, Administrative Agent may act through its employees, agents or independent contractors as authorized by Administrative Agent. Each Credit Party shall authorize its accounting firm and/or service bureaus to provide Administrative Agent with such information as is requested by Administrative Agent in accordance with this Agreement. Each Credit Party authorizes Administrative Agent to contact directly any such accounting firm and/or service bureaus to obtain such information.
Acting Through Agents. The Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through attorneys-in-fact, agents or receivers, and shall not be answerable for the negligence or misconduct of any such attorney-of-fact, agent or receiver selected by it with due care. The Trustee shall be entitled to advice of counsel and other professionals concerning all matters of trust and its duty hereunder, including verification reports in connection with any defeasance of the Bonds, but the Trustee shall not be answerable for the professional malpractice of any attorney-in-law or certified public accountant in connection with the rendering of his professional advice in accordance with the terms of this Bond Indenture, if such attorney-in-law or certified public accountant was selected by the Trustee with due care.
Acting Through Agents. In exercising any rights under the Financing Agreements or taking any actions provided for therein, the Administrative Agent may act through its employees, agents or independent contractors as authorized by the Administrative Agent.
Acting Through Agents. In exercising any rights under the Financing Agreements or taking any actions provided for therein, Lender may act through its employees, agents or independent contractors as authorized by Lender. Borrower shall authorize its accounting firm and/or service bureaus to provide Lender with such information as is requested by Lender in accordance with this Agreement. Borrower authorizes Lender to contact directly any such accounting firm and/or service bureaus to obtain such information.
Acting Through Agents. The Security Agent may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through its attorneys and agents and the Security Agent shall not be responsible for the misconduct or negligence of any agent or attorney appointed by it with due care.
Acting Through Agents. The Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through its attorneys and agents and the Trustee shall not be responsible for the misconduct or negligence of any agent or attorney appointed by it with due care.