Common use of Administrative Borrower Clause in Contracts

Administrative Borrower. Each Borrower hereby irrevocably appoints the Company as its agent for all purposes relevant to the administration of this Agreement and each of the other Loan Documents, including (i) the giving and receipt of notices and (ii) the execution and delivery of all documents, instruments and certificates contemplated herein (other than any waiver, amendment or other modification contemplated by Section 9.02). Any notice, demand, consent, acknowledgement, direction, certification or other communication delivered to the Company in accordance with the terms of this Agreement shall be deemed to have been delivered to the Borrowers.

Appears in 7 contracts

Samples: Credit Agreement (Newmarket Corp), Credit Agreement (Newmarket Corp), Credit Agreement (Scotts Miracle-Gro Co)

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