Common use of Appointment of the Agent Clause in Contracts

Appointment of the Agent. Each Bank hereby appoints the Agent to act as its agent in connection with this Agreement and the other Facility Documents and authorises the Agent to exercise such rights, powers and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers and discretions as are reasonably incidental thereto.

Appears in 8 contracts

Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

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Appointment of the Agent. Each Bank of the Banks, the Issuing Banks, the Standby Lender, the Co-Arrangers and the Security Agent hereby appoints the Agent to act as its agent in connection with under this Agreement and the other Facility Documents and authorises the Agent to exercise with such rights, powers and discretions as are specifically expressly delegated to the Agent by the terms hereof together with all such rights, powers and discretions as are reasonably incidental theretohereunder.

Appears in 3 contracts

Samples: Agreement (Stena Ab), Agreement (Stena Ab), Facility Agreement (Stena Ab)

Appointment of the Agent. Each Bank hereby appoints the Agent to act as its agent in connection with this Agreement and the other Facility Documents herewith and authorises the Agent to execute and deliver any and all certificates and other documents contemplated by any of the Transaction Documents and to exercise such rights, powers powers, authorities and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers powers, authorities and discretions as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Facility Agreement (NSM Steel Co LTD), Facility Agreement (NSM Steel Co LTD)

Appointment of the Agent. Each Bank hereby appoints the Agent to act as its agent in connection with this Agreement and the other Facility Financing Documents and authorises the Agent to exercise such rights, powers and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers and discretions as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

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Appointment of the Agent. Each Bank of the Arranger and the Banks hereby appoints the Agent to act as its agent in connection with this Agreement and the other Facility Finance Documents and authorises the Agent to exercise such rights, powers powers, authorities and discretions as are specifically delegated to the Agent by the terms hereof thereof together with all such rights, powers powers, authorities and discretions as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Transworld Healthcare Inc)

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