Common use of Appointment; Duties in General Clause in Contracts

Appointment; Duties in General. Each of the Borrower, the Lenders and the Agents hereby appoints as its agent, the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the Collateral. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 6 contracts

Samples: Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc), Credit and Security Agreement (Quest Diagnostics Inc)

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Appointment; Duties in General. Each of the Borrower, the Lenders and the Agents Agent hereby appoints as its agent, the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the CollateralReceivables, the Related Security and the related Contracts. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection PolicyPolicy and the terms of the Transaction Documents.

Appears in 2 contracts

Samples: Credit and Security Agreement (Packaging Corp of America), Credit and Security Agreement (Packaging Corp of America)

Appointment; Duties in General. Each of the Borrower, the Lenders and the Agents Agent hereby appoints as its agent, the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the CollateralReceivables, the Related Security and the related Contracts. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 2 contracts

Samples: Credit and Security Agreement (Precision Castparts Corp), Credit and Security Agreement (Packaging Corp of America)

Appointment; Duties in General. Each of the Borrower, the Lenders and the Agents Administrative Agent hereby appoints as its agent, the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the Collateral. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Credit and Security Agreement (Quest Diagnostics Inc)

Appointment; Duties in General. Each of the Borrower, the Lenders Lenders, the Administrative Agent and the Co-Agents hereby appoints appoints, as its agent, the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the Collateral. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Credit and Security Agreement (Lanier Worldwide Inc)

Appointment; Duties in General. Each of the Borrower, the Lenders and the Agents hereby appoints as its agent, the Servicer, as from time to time designated pursuant to Section SECTION 8.1, to enforce its rights and interests in and under the CollateralReceivables, the Related Security and the related Contracts and/or Invoices. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Credit and Security Agreement (Interim Services Inc)

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Appointment; Duties in General. Each of the Borrower, the Lenders Lenders, the LC Issuer and the Agents hereby appoints as its agent, the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the Collateral. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Credit and Security Agreement (Quest Diagnostics Inc)

Appointment; Duties in General. Each of the The Borrower, the Lenders Lender and the Agents Administrator hereby appoints as its agent, agent the Servicer, as from time to time designated pursuant to Section 8.1, to enforce its rights and interests in and under the CollateralReceivables, the Related Security and the related Contracts. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Credit and Security Agreement (Lanier Worldwide Inc)

Appointment; Duties in General. Each of the Borrower, the Lenders Lender and the Agents Agent hereby appoints as its agent, the agent Servicer, as from time to time designated pursuant to Section 8.18.01, to enforce its rights and interests in and under the Collateral. The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy.under

Appears in 1 contract

Samples: Loan and Security Agreement (Transfinancial Holdings Inc)

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