Consent by Agent Sample Clauses
The 'Consent by Agent' clause establishes that an agent, acting on behalf of a principal, must obtain or provide consent for certain actions or decisions within the scope of their agency relationship. In practice, this clause may require the agent to secure explicit approval from the principal before entering into agreements, making commitments, or disclosing information. Its core function is to ensure that the agent does not exceed their authority, thereby protecting the principal from unauthorized obligations or liabilities.
Consent by Agent. By executing this Agreement as provided below, in accordance with Section 12.06(b) of the Credit Agreement, the Agent hereby acknowledges notice of the transactions contemplated by this Agreement and consents to such transactions.
Consent by Agent. Except as otherwise expressly set forth herein to the contrary, if the consent, approval, satisfaction, determination, judgment, acceptance or similar action (an "Action") of Agent or the Banks shall be permitted or required pursuant to any provision hereof or any provision of any other agreement to which the Borrower is a party and to which Agent or the Banks has succeeded thereto, such Action shall be required to be in writing and may be withheld or denied by Agent or any Bank, as the case may be, with or without any reason, and without being subject to question or challenge on the grounds that such Action was not taken in good faith.