Common use of Agent’s actions Clause in Contracts

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions, received from the Lenders and/or the Swap Provider (or as otherwise duly authorised) shall be binding on all the Lenders and the Swap Provider.

Appears in 2 contracts

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions, received from the Lenders and/or the Swap Provider Banks (or as otherwise duly authorised) shall authorised)-shall be binding on all the Lenders Banks, the Swap Providers and the Swap Providerother Creditors.

Appears in 1 contract

Sources: Loan Agreement (Golden Energy Marine Corp.)