Common use of Bond Documents Clause in Contracts

Bond Documents. Without limiting the power and authority of Administrative Agent described herein, Banks hereby: (a) appoint Administrative Agent, as Bond Purchaser, as its contractual representative under the Bond Documents and irrevocably authorize Administrative Agent to act as the contractual representative of each Bank under the Bond Documents with the rights and duties expressly set forth therein, and to hold the Bonds on behalf of the Banks, it being expressly understood and agreed, however, that Administrative Agent shall not have any fiduciary responsibilities to any Bank by reason of the Bond Documents; (b) empower and authorize Administrative Agent to execute and deliver the Bond Documents to which it is a party; and (c) agree that all references in this Article XIII to "Loan Papers," shall be deemed to include, without limitation, the Bond Documents.

Appears in 2 contracts

Sources: Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

Bond Documents. Without limiting the power and authority of Administrative Agent described herein, Banks hereby: (a) appoint Administrative Agent, as Bond Purchaser, as its contractual representative under the Bond Documents and irrevocably authorize Administrative Agent to act as the contractual representative of each Bank under the Bond Documents with the rights and duties expressly set forth therein, and to hold the Bonds on behalf of the Banks, it being expressly understood and agreed, however, that Administrative Agent shall not have any fiduciary responsibilities to any Bank by reason of the Bond Documents; (b) empower and authorize Administrative Agent to execute and deliver the Bond Documents to which it is a party; and (c) agree that all references in this Article XIII to "Loan PapersLOAN PAPERS," shall be deemed to include, without limitation, the Bond Documents."

Appears in 1 contract

Sources: Credit Agreement (Denbury Resources Inc)

Bond Documents. Without limiting the power and authority of Administrative Agent described herein, Banks hereby: (a) appoint Administrative Agent, as Bond Purchaser, as its contractual representative under the Bond Documents and irrevocably authorize Administrative Agent to act as the contractual representative of each Bank under the Bond Documents with the rights and duties expressly set forth therein, and to hold the 2005 Bonds and any Additional Permitted Revenue Bonds on behalf of the Banks, it being expressly understood and agreed, however, that Administrative Agent shall not have any fiduciary responsibilities to any Bank by reason of the Bond Documents; (b) empower and authorize Administrative Agent to execute and deliver the Bond Documents to which it is a party; and (c) agree that all references in this Article XIII to "β€œLoan Papers," ” shall be deemed to include, without limitation, the Bond Documents.

Appears in 1 contract

Sources: Credit Agreement (Denbury Resources Inc)