Common use of Agent May File Proofs of Claim Clause in Contracts

Agent May File Proofs of Claim. The Administrative Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Issuing Bank and the Lenders allowed in any judicial proceedings relative to any Loan Party, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative Agent. Nothing contained in this Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender in any such Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Fresh Del Monte Produce Inc)

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Agent May File Proofs of Claim. The Administrative Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Issuing Bank Lenders and the Lenders Issuing Banks allowed in any judicial proceedings relative to the Borrower or any Loan PartySubsidiary, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender and Issuing Bank to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the LendersLenders and the Issuing Banks, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative AgentAgent under Section 10.2 hereof. Nothing contained in this the Loan Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or any Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes, the Letters of Credit or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender of any Issuing Bank in any such Proceedingproceeding.

Appears in 1 contract

Samples: Credit Agreement (El Pollo Loco, Inc.)

Agent May File Proofs of Claim. The Administrative Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Issuing Bank and the Lenders allowed in any judicial proceedings relative to any Loan Party, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative Agent. Nothing contained in this Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender in any such Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Fresh Del Monte Produce Inc)

Agent May File Proofs of Claim. The Administrative Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Issuing Bank Lenders and the Lenders Issuing Banks allowed in any judicial proceedings relative to the Borrower or any Loan PartyMaterial Subsidiary, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender and Issuing Bank to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the LendersLenders and the Issuing Banks, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative AgentAgent under Section 10.2 hereof. Nothing contained in this the Loan Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or any Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes, the Letters of Credit or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender of any Issuing Bank in any such Proceeding.proceeding. ARTICLE 8Section .14

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

Agent May File Proofs of Claim. The Administrative Agent may file such ------------------------------ proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Issuing Bank Lenders and the Lenders Issuing Banks allowed in any judicial proceedings relative to the Borrower or any Loan PartyMaterial Subsidiary, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender and Issuing Bank to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the LendersLenders and the Issuing Banks, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative AgentAgent under Section 10.2 hereof. Nothing contained in this the Loan Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or any Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes, the Letters of Credit or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender of any Issuing Bank in any such Proceedingproceeding.

Appears in 1 contract

Samples: Zenith Electronics Corp

Agent May File Proofs of Claim. The Administrative Appropriate Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent Agents (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative each Agent, its agents, financial advisors and counsel), the Issuing Bank Banks and the Lenders allowed in any judicial proceedings relative to any Loan Party, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender to make such payments to the Administrative Appropriate Agent and, in the event that the Administrative Appropriate Agent shall consent to the making of such payments directly to the Lenders, to pay to the Administrative Appropriate Agent any amount due to the Administrative Appropriate Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Appropriate Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative Appropriate Agent. Nothing contained in this Agreement or the other Loan Documents shall be deemed to authorize the Administrative any Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any holder thereofLender with respect thereto, or to authorize the Administrative any Agent to vote in respect of the claim of any Lender in any such Proceeding.. 133

Appears in 1 contract

Samples: Credit Agreement (Agco Corp /De)

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Agent May File Proofs of Claim. The Administrative Appropriate Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent Agents (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative each Agent, its agents, financial advisors and counsel), the Issuing Bank Banks and the Lenders allowed in any judicial proceedings relative to any Loan Party, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender to make such payments to the Administrative Appropriate Agent and, in the event that the Administrative Appropriate Agent shall consent to the making of such payments directly to the Lenders, to pay to the Administrative Appropriate Agent any amount due to the Administrative Appropriate Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Appropriate Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative Appropriate Agent. Nothing 112 120 contained in this Agreement or the other Loan Documents shall be deemed to authorize the Administrative any Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes or the rights of any holder thereof, or to authorize the Administrative any Agent to vote in respect of the claim of any Lender in any such Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Agco Corp /De)

Agent May File Proofs of Claim. The Administrative Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Banks and the Issuing Bank and the Lenders allowed in any judicial proceedings relative to any Loan PartyCo-Borrower, any Material Subsidiary or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims claims, and any custodian in any such judicial proceedings is hereby authorized by each Lender Bank and Issuing Bank to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the LendersBanks and the Issuing Bank, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative AgentAgent under Section 10.7 hereof. Nothing contained in this the Loan Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender Bank or the Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes, the Letters of Credit or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender Bank or Issuing Bank in any such Proceedingproceeding.

Appears in 1 contract

Samples: Credit Agreement (Housecall Medical Resources Inc)

Agent May File Proofs of Claim. The Administrative Agent may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel), the Issuing Bank Lenders and the Lenders Issuing Banks allowed in any judicial proceedings relative to the Borrower or any Loan PartyMaterial Subsidiary, or any of their respective creditors or property, and shall be entitled and empowered to collect, receive and distribute any monies, securities or other property payable or deliverable on any such claims and any custodian in any such judicial proceedings is hereby authorized by each Lender and Issuing Bank to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the LendersLenders and the Issuing Banks, to pay to the Administrative Agent any amount due to the Administrative Agent for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents, financial advisors and counsel, and any other amounts due the Administrative AgentAgent under Section 10.2 hereof. Nothing contained in this the Loan Agreement or the other Loan Documents shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or any Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations Notes, the Letters of Credit or the rights of any holder thereof, or to authorize the Administrative Agent to vote in respect of the claim of any Lender of any Issuing Bank in any such Proceedingproceeding.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

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