Common use of Authority to Execute and Perform Various Documents Clause in Contracts

Authority to Execute and Perform Various Documents. Each Holder hereby authorizes and directs the Owner Trustee (a) to execute and deliver, as trustee for and on behalf of each such Holder, each Operative Agreement to which the Owner Trustee is a party and any other agreements, instruments, certificates or documents related to the transactions contemplated hereby to which the Owner Trustee is a party, (b) to take whatever action shall be required to be taken by the Owner Trustee by the terms of, and exercise its rights and perform its duties under, each of the documents, agreements, instruments and certificates referred to in clause (a) above as set forth in such documents, agreements and certificates, and (c) subject to the terms of this Trust Agreement, to take such other action in connection with the foregoing as the Holders may from time to time direct.

Appears in 7 contracts

Samples: Credit Agreement (Correctional Services Corp), Credit Agreement (Franklin Resources Inc), Trust Agreement (Veritas Software Corp /De/)

AutoNDA by SimpleDocs

Authority to Execute and Perform Various Documents. Each Holder hereby authorizes and directs the Owner Trustee (a) to execute and deliver, as trustee for and on behalf of each such Holder, each Operative Agreement to which the Owner Trustee is a party and any other agreements, instruments, certificates or documents related to the transactions contemplated contem­plated hereby to which the Owner Trustee is a party, (b) to take whatever action shall be required to be taken by the Owner Trustee by the terms of, and exercise its rights and perform its duties under, each of the documents, agreements, instruments and certificates referred to in clause (a) above as set forth in such documents, agreements and certificates, and (c) subject to the terms of this Trust Agreement, to take such other action in connection with the foregoing as the Holders may from time to time direct.

Appears in 2 contracts

Samples: Trust Agreement (Sabre Holdings Corp), Trust Agreement (Sabre Holdings Corp)

Authority to Execute and Perform Various Documents. Each The Holder hereby authorizes and directs the Owner Trustee (a) to execute and deliver, as trustee for and on behalf of each such the Holder, each Operative Agreement to which the Owner Trustee is a party and any other agreements, instruments, certificates or documents related to the transactions contemplated hereby to which the Owner Trustee is a party, (b) to take whatever action shall be required to be taken by the Owner Trustee by the terms of, and exercise its rights and perform its duties under, each of the documents, agreements, instruments and certificates referred to in clause (a) above as set forth in such documents, agreements and certificates, and (c) subject to the terms of this Trust Agreement, to take such other action in connection with the foregoing as the Holders Holder may from time to time direct.

Appears in 1 contract

Samples: Trust Agreement (Dollar Tree Stores Inc)

Authority to Execute and Perform Various Documents. Each Holder hereby authorizes and directs the Owner Trustee (a) to execute and deliver, as trustee for and on behalf of each such Holder, each Operative Agreement to which the Owner Trustee is a party and any other agreements, instruments, certificates or documents related to the transactions contemplated hereby to which the Owner Trustee is a party, (b) to take whatever action shall be required to be taken by the Owner Trustee by the terms of, and exercise its rights and perform its duties under, each of the documents, agreements, instruments and certificates referred to in clause (a) above as set forth in such documents, agreements and certificates, and (c) subject to the terms of this Trust Agreement, to take such other action in connection with the foregoing as the Holders or Majority Holders (as required or permitted by the Operative Agreements) may from time to time direct.

Appears in 1 contract

Samples: Trust Agreement (Shurgard Storage Centers Inc)

AutoNDA by SimpleDocs

Authority to Execute and Perform Various Documents. Each Holder hereby authorizes and directs the Owner Trustee (ai) to execute and deliver, as trustee for and on behalf of each such Holder, each Operative Agreement to which the Owner Trustee is a party and any other agreements, instruments, certificates or documents related to the transactions contemplated hereby or thereby to which the Owner Trustee is a party, (bii) to take whatever action shall be required to be taken by the Owner Trustee by the terms of, and exercise its rights and perform its duties under, each of the documents, agreements, instruments and certificates referred to in clause (ai) above as set forth in such documents, agreements and certificates, and (ciii) subject to the terms of this Trust Agreement, to take such other action in connection with the foregoing as the Holders may from time to time direct.

Appears in 1 contract

Samples: Trust Agreement (Wackenhut Corrections Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.