Common use of Administration by Agents Clause in Contracts

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 11 contracts

Samples: Credit and Guaranty Agreement (Hawaiian Holdings Inc), Credit and Guaranty Agreement (Jetblue Airways Corp), Credit and Guaranty Agreement (Hawaiian Holdings Inc)

AutoNDA by SimpleDocs

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative each Agent as its agent and irrevocably authorizes the Administrative Agent such Agent, in such capacity, to take such actions on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are delegated to the Administrative each Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. The Administrative Agent may perform any of its respective duties hereunder by or through its officers, directors, employees or affiliates.

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Security Agreement (American Airlines Inc), SGR Security Agreement (American Airlines Inc)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 6 contracts

Samples: Term Loan Credit Agreement (Jetblue Airways Corp), Mortgage and Security Agreement (United Airlines, Inc.), Mortgage and Security Agreement (United Airlines, Inc.)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agents, Collateral Agents and Paying Agent as its agent agents and authorizes the Administrative Agents, Collateral Agents and Paying Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agents, Collateral Agents and Paying Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Loan and Guaranty Agreement (Ual Corp /De/), Loan and Guaranty Agreement (Ual Corp /De/)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent and the Collateral Agent as its agent agents and authorizes the Administrative Agent and the Collateral Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent and the Collateral Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/), Intercreditor Agreement (Delta Air Lines Inc /De/)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent and the Collateral Agent as its agent agents and authorizes the Administrative Agent and the Collateral Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent and the Collateral Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: First Lien Security Agreement (Delta Air Lines Inc /De/), Credit and Guaranty Agreement (Delta Air Lines Inc /De/)

Administration by Agents. (a) Each of the Revolving Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent Agent, in such capacity, to take such actions on its behalf and to exercise such powers and perform such duties as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. The Administrative Agent may perform any of its respective duties hereunder by or through its officers, directors, employees or affiliates.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Republic Airways Holdings Inc)

AutoNDA by SimpleDocs

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto.. #90303017v26 65

Appears in 1 contract

Samples: Credit Agreement (Delta Air Lines Inc /De/)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative Agent and the Collateral Trustee as its agent agents and authorizes the Administrative Agent and the Collateral Trustee to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent and the Collateral Trustee by the terms hereof, together with such actions and powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Collateral Trust Agreement (Delta Air Lines Inc /De/)

Administration by Agents. (a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints the Administrative each Agent as its agent and irrevocably authorizes the Administrative Agent such Agent, in such capacity, to take such actions on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are delegated to the Administrative each Agent by the terms hereof, together with such actions and powers as are reasonably incidental thereto. The Administrative Agent may perform any of its respective duties hereunder by or through its officers, directors, employees or affiliates.

Appears in 1 contract

Samples: Aircraft Security Agreement (American Airlines, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.