Actions Hereunder Clause Samples

Actions Hereunder. Either party may take any actions hereunder, including liquidation rights, through its Custodian or other agent.

Actions Hereunder. The Secured Party may take any actions hereunder, including liquidation rights, through the Trustee.

Actions Hereunder. Party A may take any action hereunder through its custodian.

Actions Hereunder. (a) The Disbursement Agent is hereby authorized and directed to make the deposits, transfers and disbursements of funds prescribed by this Disbursement Agreement. No deposits, transfers or disbursements of funds received and held by it pursuant to this Disbursement Agreement shall be made otherwise than as provided by this Disbursement Agreement. (b) The Senior Secured Parties hereby designate and appoint the Disbursement Agent to act as the security agent for the Senior Secured Parties in connection with the Equity Contribution Agreement and the GE Capital Guaranty Agreement. Each of the Senior Secured Parties hereby authorizes the Disbursement Agent, as the security agent for the Senior Secured Parties, to execute the Equity Contribution Agreement and the GE Capital Guaranty Agreement and take such actions on behalf of the Senior Secured Parties under the provisions thereof and of this Disbursement Agreement and to exercise such powers and perform such duties as are expressly granted to the Disbursement Agent by the terms thereof and of this Disbursement Agreement, together with such other powers as are reasonably incidental thereto. The Disbursement Agent shall give notice to the Senior Secured Parties and the Collateral Agent of any action taken under the Equity Contribution Agreement and the GE Capital Guaranty Agreement; such notice shall be given prior to the taking of such action unless the Disbursement Agent determines that to do so would be detrimental to the interest of the Senior Secured Parties, in which event such notice shall be given promptly after the taking of such action. (c) The Disbursement Agent shall be entitled to conclusively rely upon and to act and refrain from acting in reliance upon any written requisition, notice, request, consent, certificate, order, affidavit, letter, telegram or other document furnished to it hereunder and reasonably believed by it to be genuine and to have been signed or sent by the purported proper party; and the Disbursement Agent shall not be liable for anything it may do or refrain from doing in connection with its duties or obligations hereunder except as a result of its own negligence or willful misconduct. The Disbursement Agent shall not be under any duty to give the funds deposited with it hereunder any greater degree of care than it gives its own property and shall not be required to invest any funds held hereunder except as directed in accordance with this Disbursement Agreement. This Disburseme...

Actions Hereunder. Party A may take any actions hereunder, including liquidation rights, through any of Citigroup Financial Products Inc. or Citigroup Global Markets Inc. or any successor to any of the foregoing, each as agent for Party A.