Common use of Duties Specified Clause in Contracts

Duties Specified. Each Lender irrevocably authorizes each of Administrative Agent and Collateral Agent to take such action on such Lender’s behalf and to exercise such powers hereunder and under the other instruments and agreements referred to herein to which it is a party (including without limitation the Guaranties, the Collateral Documents and the Intercreditor Agreement) as are specifically delegated to such Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities which are expressly specified for such Agent in this Agreement, the Guaranties, the Collateral Documents and the Intercreditor Agreement and may perform such duties by or through its agents or employees. The Syndication Agent shall have no powers or duties hereunder except as expressly specified in this Agreement. The duties of Agents shall be mechanical and administrative in nature; Agents shall not have by reason of this Agreement a fiduciary relationship in respect of any Lender; and nothing in this Agreement, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or the other instruments and agreements referred to herein except as expressly set forth herein or therein. The title of “Joint Lead Arrangers” or “Joint Bookrunners” or “Syndication Agent” or “Co-Documentation Agents” provided to certain Lenders in the introductory paragraph to this Agreement is honorary only and does not impose any duty or obligation on such Lenders.

Duties Specified. Each Lender irrevocably authorizes each of Administrative Agent and Collateral Agent to take such action on such Lender’s behalf and to exercise such powers hereunder and under the other instruments and agreements referred to herein to which it is a party (including without limitation the Guaranties, the Collateral Documents and the Intercreditor Agreement) as are specifically delegated to such Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities which are expressly specified for such Agent in this Agreement, the Guaranties, the Collateral Documents and the Intercreditor Agreement and may perform such duties by or through its agents or employees. The Syndication Agent shall have no powers or duties hereunder except as expressly specified in this Agreement. The duties of Agents shall be mechanical and administrative in nature; Agents shall not have by reason of this Agreement a fiduciary relationship in respect of any Lender; and nothing in this Agreement, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or the other instruments and agreements referred to herein except as expressly set forth herein or therein. The title of “Joint Lead Arrangers” or “Joint Bookrunners” or “Syndication Agent” or “Co-Documentation AgentsAgent” provided to certain Lenders lenders in the introductory paragraph to this Agreement is honorary only and does not impose any duty or obligation on such Lenders.

Duties Specified. Each Lender irrevocably authorizes each of Administrative Agent and Collateral Agent to take such action on such Lender’s 's behalf and to exercise such powers hereunder and under the other instruments and agreements referred to herein to which it is a party (including without limitation the GuarantiesCompany Guaranty, the Collateral Documents Subsidiary Guaranty, the Company Pledge Agreement, the Subsidiary Pledge Agreement and the Intercreditor Agreement) as are specifically delegated to such Administrative Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities which are expressly specified for such Agent in this Agreement, the GuarantiesCompany Guaranty, the Collateral Documents Subsidiary Guaranty, the Company Pledge Agreement, the Subsidiary Pledge Agreement and the Intercreditor Agreement and may perform such duties by or through its agents or employees. The Each Lender irrevocably authorizes each Offshore Administrative Agent to take such action on such Lender's behalf and to exercise such powers hereunder as are specifically delegated to such Offshore Administrative Agent by the terms hereof, together with such powers as are reasonably incidental thereto. Each Offshore Administrative Agent shall have only those duties and responsibilities which are expressly specified in this Agreement and may perform such duties by or through its agents or employees. Each of the Documentation Agents and Syndication Agent shall have no powers or duties hereunder except as expressly specified in this Agreement. The duties of Agents shall be mechanical and administrative in nature; Agents shall not have by reason of this Agreement a fiduciary relationship in respect of any Lender; and nothing in this Agreement, expressed or implied, is intended to or shall be so construed as to impose upon any Agent Agents any obligations in respect of this Agreement or the other instruments and agreements referred to herein except as expressly set forth herein or therein. The title of “Joint Lead Arrangers” or “Joint Bookrunners” or “Syndication Agent” or “Co-Documentation Agents” provided to certain Lenders in the introductory paragraph to this Agreement is honorary only and does not impose any duty or obligation on such Lenders.