Appointement Clause Samples

Appointement. A. That this Agreement sets forth the relationship between PARTY A and PARTY B with respect to specific period described in the Agreement is of Company and the Distributor (authorized representative) only. B. That the Agreement shall become effective from the date of signing of this agreement and shall continue for the fixed period of 12 (Twelve) MONTHS. C. That the Agreement shall be renewed after the expiry of the initial fixed Period of Twelve (12) months, And Shall be extended for the further “Extended Period (s)” of TWELVE (12) Months conditionally that renewal of the agreement shall be on mutual consent of both the parties.

Appointement. (a) For the avoidance of doubt, each Beneficiary has appointed the Administrative Agent as its agent (mandataire), to act in its name and on its behalf hereunder and in connection herewith. (b) Each Beneficiary authorises the Administrative Agent to perform the duties, obligations and responsibilities and to exercise the rights, powers, authorities and discretions specifically given to the Administrative Agent under or in connection with the Pledge together with any other incidental rights, powers, authorities and discretions.