Common use of Additional Agents Clause in Contracts

Additional Agents. If the Agent shall from time to time deem it necessary or advisable to engage other agents for its own protection in the performance of its duties hereunder or in the interests of the Lenders, then the Agent and Borrowers shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Agent, to constitute another commercial bank or trust company, or one or more other persons approved by the Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, with such powers as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the Agent under this Agreement or any other Loan Document.

Appears in 3 contracts

Samples: Business Loan and Security Agreement (Opinion Research Corp), Business Loan and Security Agreement (ICF International, Inc.), Business Loan and Security Agreement (ICF International, Inc.)

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Additional Agents. If the Agent shall from time to time deem it necessary or advisable to engage other agents advisable, for its own protection in the performance of its duties hereunder or in the interests interest of the LendersLender Parties, then the Agent and Borrowers the Borrower shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Agent, to constitute another commercial bank or trust company, or one or more other persons Persons approved by the Agent, to act as co-Agent agent or a separate agent with respect to any part of the Collateral, with such powers of the Agent as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (Person as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the Agent under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Credit Agreement (Steel Dynamics Inc), Credit Agreement (Steel Dynamics Inc)

Additional Agents. If the Agent shall from time to time deem ----------------- it necessary or advisable to engage other agents for its own protection in the performance of its duties hereunder or in the interests of the Lenders, then the Agent and the Borrowers shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Agent, to constitute another commercial bank or trust company, or one or more other persons approved by the Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, with such powers as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the such Agent under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (Iconixx Corp), Business Loan and Security Agreement (Averstar Inc)

Additional Agents. If the Agent shall from time to time deem it necessary or advisable to engage other agents advisable, for its own protection in the performance of its duties hereunder or in the interests interest of the Lenders, then the Agent and the Co-Borrowers shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Agent, to constitute another commercial bank or trust company, or one or more other persons Persons approved by the Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, Collateral with such powers of the Agent as may be provided in such supplemental agreement, and with the power to vest in 134 such bank, trust company or other person (Person as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the Agent under this Loan Agreement or any other Loan Document.

Appears in 1 contract

Samples: Agreement (DRS Technologies Inc)

Additional Agents. If the Agent shall from time to time deem it necessary or advisable to engage other agents advisable, for its own protection in the performance of its duties hereunder or in the interests of the Lenders, then the Agent and the Borrowers shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Agent, to constitute another commercial bank or trust company, or one or more other persons approved by the Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, with such powers of the Agent as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the Agent under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Business Loan and Security Agreement (BTG Inc /Va/)

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Additional Agents. If the Agent shall from time to time deem it necessary or advisable to engage other agents advisable, for its own protection in the performance of its duties hereunder or in the interests interest of the Lenders, then the Agent and the Co-Borrowers shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Agent, to constitute another commercial bank or trust company, or one or more other persons Persons approved by the Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, Collateral with such powers of the Agent as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (Person as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the Agent under this Loan Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Loan and Term Loan Agreement (DRS Technologies Inc)

Additional Agents. If any of the Agent Agents shall from time to time deem it necessary or advisable to engage other agents advisable, for its own protection in the performance of its duties hereunder or in the interests interest of the Lendersother Bank Parties, then the such Agent and Borrowers the Borrower shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the such Agent, to constitute another commercial bank or trust company, or one or more other persons approved by the such Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, with such powers of such Agent as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (persons as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and or duties of the such Agent under this Agreement or any other Loan Documentthe Related Documents.

Appears in 1 contract

Samples: Credit Agreement (Koppers Industries Inc)

Additional Agents. If the any Agent shall from time to time deem it necessary or advisable to engage other agents advisable, for its own protection in the performance of its duties hereunder or in the interests interest of the Lenders, then such Agent, the Agent other Agents and the Borrowers shall execute and deliver a supplemental agreement and all other instruments and agreements necessary or advisable, in the opinion of the Administrative Agent, to constitute another commercial bank or trust company, or one or more other persons Persons approved by the Administrative Agent, to act as co-Agent or a separate agent with respect to any part of the Collateral, Collateral with such powers of such Agent as may be provided in such supplemental agreement, and with the power to vest in such bank, trust company or other person (Person as such co-Agent or separate agent, as the case may be), any properties, rights, powers, privileges and duties of the such Agent under this Loan Agreement or any other Loan Document.

Appears in 1 contract

Samples: Cantel Medical Corp

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