Designation of Additional Agents Sample Clauses

Designation of Additional Agents. The Administrative Agent shall have the continuing right, for purposes hereof, at any time and from time to time to designate one or more of the Lenders (and/or its or their Affiliates) as “syndication agents,” “documentation agents,” “book runners,” “lead arrangers,” “arrangers,” or other designations for purposes hereto, but such designation shall have no substantive effect, and such Lenders and their Affiliates shall have no additional powers, duties or responsibilities as a result thereof.
Designation of Additional Agents. The parties hereto covenant and agree TD Bank, N.A. shall be the Agent, and that no additional party designated as a syndication agent, documentation agent, collateral agent or in any other agent capacity (each such person an “Additional Agent”) shall, except in the case of the appointment of a successor Agent in accordance with Section 9.6 hereof, have any rights, duties, responsibilities, obligations, liabilities, responsibilities or duties, except for those received, undertaken or incurred by such party in its capacity as a Lender hereunder, if applicable. No duty, responsibility, right or option granted to Agent herein is delegated or transferred, in whole or in part, to any Additional Agent and no compensation payable to Agent shall be shared with, or paid to, any such Additional Agent. No Additional Agent shall be entitled to any fees or reimbursement of Expenses except as such Additional Agent shall otherwise be entitled in its capacity as a Lender. Notwithstanding anything to the contrary contained in this Agreement, no amendment to this Section 9.12 shall be effective without the written consent of Agent.
Designation of Additional Agents. No Lender identified in this Agreement as a “Syndication Agent” or “Documentation Agent” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of such Lenders shall have or be deemed to have a fiduciary relationship with any Lender.
Designation of Additional Agents. Section 12.
Designation of Additional Agents. Bank of America, N.A. is designated as Syndication Agent for this Agreement, and KeyBank National Association and Commonwealth Bank of Australia, New York Branch, are each designated as Co-Documentation Agents for this Agreement. The Administrative Agent shall have the continuing right, for purposes hereof, at any time and from time to time to designate one or more of the Lenders (and/or its or their Affiliates) as “arrangers” or other designations for purposes hereto, but no such designation, including the designation of Bank of America N.A. as Syndication Agent and KeyBank National Association and Commonwealth Bank of Australia, New York Branch, as Co-Documentation Agents, shall have any substantive effect, and no such Lenders or their Affiliates shall have any additional powers, duties or responsibilities as a result thereof.
Designation of Additional Agents. Administrative Agent shall have the continuing right, for purposes hereof, at any time and from time to time to designate one or more of the Lenders (and/or its or their Affiliates) as “syndication agents,” “documentation agents,” “book runners,” “lead arrangers,” “arrangers,” or other designations for purposes hereto, but such designation shall have no substantive effect, and such Lenders and their Affiliates shall have no additional powers, duties or responsibilities as a result thereof. Section 9.11 Authorization to Release or Subordinate or Limit Liens. Administrative Agent is hereby irrevocably authorized by each of the Lenders and the L/C Issuer to (a) release any Lien covering any Collateral that is sold, transferred, or otherwise disposed of in accordance with the terms and conditions of this Agreement and the relevant Collateral Documents (including a sale, transfer, or disposition permitted by the terms of Section 7.4 or which has otherwise been consented to in accordance with Section 11.11), (b) release or subordinate any Lien on Collateral consisting of goods financed with purchase money indebtedness or under a Capital Lease to the extent such purchase money indebtedness or Capitalized Lease Obligation, and the Lien securing the same, are permitted by Sections 7.1(b) and 7.2(d), (c) reduce or limit the amount of the indebtedness secured by any particular item of Collateral to an amount not less than the estimated value thereof to the extent necessary to reduce mortgage registry, filing and similar tax, (d) release Liens on the Collateral following termination or expiration of the Commitments and payment in full in cash of the Obligations and, if then due, Hedging Liability and Funds Transfer and Deposit Account Liability and (e) subordinate any Lien on Collateral contemplated by clause (i) of the proviso to Section 7.2(l) to the extent required under the applicable Bonding Agreement or by the counterparty thereto in accordance with the terms of such Bonding Agreement. Section 9.12 Authorization to Enter into, and Enforcement of, the Collateral Documents. Administrative Agent is hereby irrevocably authorized by each of the Lenders and the L/C Issuer to execute and deliver the Collateral Documents (including any Intercreditor Agreement contemplated hereunder) on behalf of each of the Lenders and their Affiliates and the L/C Issuer and to take such action and exercise such powers under the Collateral Documents as Administrative Agent considers app...
Designation of Additional Agents. 63 Section 11.11. Authorization to Release or Subordinate or Limit Liens................................63 Section 11.12. Authorization to Enter into, and Enforcement of, the Collateral Documents.........................................................................63
Designation of Additional Agents. 62 Section 11.11. Authorization to Release or Subordinate or Limit Liens62 Section 11.12. Authorization to Enter into, and Enforcement of, the Collateral Documents 62 SECTION 12. THE GUARANTEES 63 Section 12.1. The Guarantees 63 Section 12.2. Guarantee Unconditional 63 Section 12.3. Discharge Only upon Payment in Full; Reinstatement in Certain Circumstances 64 Section 12.4. Subrogation 65 Section 12.5. Waivers 65 Section 12.6. Limit on Recovery 65 Section 12.7. Stay of Acceleration 65 Section 12.8. Benefit to Guarantors 65 Section 12.9. Guarantor Covenants 65 Section 12.10. Release of Guarantors 66 SECTION 13. MISCELLANEOUS 66 Section 13.1. Withholding Taxes 66 Section 13.2. No Waiver, Cumulative Remedies 67 Section 13.3. Non-Business Days 67 Section 13.4. Documentary Taxes 67 Section 13.5. Survival of Representations 68 Section 13.6. Survival of Indemnities 68 Section 13.7. Sharing of Set-Off 68 Section 13.8. Notices 68 Section 13.9. Counterparts 69 Section 13.10. Successors and Assigns 69 Section 13.11. Participants 69 Section 13.12. Assignments 70 Section 13.13. Amendments 72 Section 13.14. Headings 72 Section 13.15. Costs and Expenses; Indemnification 72 Section 13.16. Set-off 73 Section 13.17. Entire Agreement 73 Section 13.18. Governing Law 73 Section 13.19. Severability of Provisions 73 Section 13.20. Excess Interest 74 Section 13.21. Construction 74 Section 13.22. Lender's Obligations Several 74 Section 13.23. Submission to Jurisdiction; Waiver of Jury Trial 74 Section 13.24. USA Patriot Act 75 Section 13.25. Confidentiality 75 EXHIBIT A Notice of Payment Request EXHIBIT B Notice of Borrowing EXHIBIT C Notice of Continuation/Conversion EXHIBIT D-1 Term Note EXHIBIT D-2 Revolving Note EXHIBIT E Commitment Amount Increase Request EXHIBIT F Compliance Certificate EXHIBIT G Additional Guarantor Supplement EXHIBIT H Assignment and Acceptance SCHEDULE 1 Commitments SCHEDULE 6.2 Subsidiaries CREDIT AGREEMENT This Credit Agreement is entered into as of May 26, 2006, by and among CALAMP CORP., a Delaware corporation, as Borrower (the "Borrower"), the direct and indirect Subsidiaries of the Borrower from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and BANK OF MONTREAL, acting through its Chicago Branch, as Administrative Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined i...
Designation of Additional Agents. 82101 Section 10.12.
Designation of Additional Agents. 101103 Section 10.12.