Effect of Appointment Sample Clauses

Effect of Appointment. Upon a new Agent becoming Agent the resigning/removed Agent will cease to be Agent. Accordingly it will be discharged from its obligations and duties as Agent. It will, however, continue to be able to rely on the terms of this Clause in respect of all matters relating to the period of its appointment. The new Agent will assume the role of Agent. It will have all the rights, powers, discretions and duties of the Agent provided for in the Finance Documents.
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Effect of Appointment. Upon satisfaction by the Company and any Additional Agent of the provisions of subsections (a) and (b) of this Section 19, such Additional Agent shall be deemed to be an Agent hereunder and all references to “Agent” in this Agreement shall be deemed to include such Additional Agent from and after the date such provisions are satisfied and such appointment is effective.
Effect of Appointment. A receiver appointed by us is considered to be your agent and not ours; the receiver’s acts and defaults are considered your acts and defaults and not ours; and you alone are responsible for the receiver’s acts and defaults. Neither the appointment nor anything done by the receiver puts us in possession of property or makes us accountable for money except money we actually receive. You release every receiver appointed by us from all claims against the receiver as receiver, unless they are caused by the receiver’s dishonesty or gross neglect. You agree to pay every receiver all losses suffered by the receiver under liabilities the receiver incurs as receiver, except as far as they are caused by the receiver’s dishonesty or gross neglect.
Effect of Appointment. On the Second Amendment Effective Date, (i) Xxxxx Fargo shall succeed to and become vested with all the rights, powers, privileges and duties of the Administrative Agent under all of the Loan Documents, (ii) any reference to the term “Administrative Agent” in any Loan Document shall be deemed a reference to Xxxxx Fargo, as successor Administrative Agent, (iii) the Preceding Administrative Agent’s rights, powers, privileges and duties under the Loan Documents shall be terminated and the provisions of Article X of the Credit Agreement shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under the Loan Documents and (iv) all references toBank of America” in Article X of the Credit Agreement and Section 12.1(h) of the Credit Agreement shall be amended to refer to “Xxxxx Fargo.”
Effect of Appointment. All provisions of this Agreement shall remain in full force and effect irrespective of any appointment by the Authorised Reseller of Sub- Distributors pursuant to Clause 22.1. The appointment of Sub-Distributors shall not reduce, amend or modify in any respect the Authorised Reseller’s obligations to Expo under this Agreement.
Effect of Appointment. Upon satisfaction by the Company --------------------- and any Additional Agent of the provisions of subsections 18(a) and (b) of this Section 18, such Additional Agent shall be deemed to be an Agent hereunder and all references to "Agent" in this Agreement shall be deemed to include such additional Agent from and after the date such provisions are satisfied and such appointment is effective. If the foregoing is in accordance with the Agents' understanding of our agreement, please sign and return to the Company a counterpart hereof, whereupon this instrument along with all counterparts will become a binding agreement between the Agents and the Company in accordance with its terms. Very truly yours, COLGATE-PALMOLIVE COMPANY By: /s/ Brian J. Heidtke -------------------------------- Name: Brian J. Heidtke Title: Vice President, Xxxxxxx Corporate Treasurer Accepted: CHEMICAL SECURITIES INC. By: /s/ Robert L. Taylor ---------------------------- Name: Robexx X. Xxxxxx Title: Managing Director CITICORP SECURITXXX, XXX. Xx: /s/ Kerry Kearny ---------------------------- Authorized Signxxxxx Xxxxxan, Sachs & Co. ----------------------------- (Goldman, Sacxx & Xx.) XXZARD FRERES & CO. LLC By: /s/ David X. XxXxllxx ---------------------------- Name: Daxxx X. XxXxxxxx Title: Senior Vice President MERRILL LYNXX, XXXXXX, XXXXXR & SMITH INCORPORATED Xx: /x/ Scott X. Xxxmrxxx ---------------------------- Name: Scoxx X. Xxxxxxxx Title: Authorized Signatory J.P. MORGAN SECURITIES INC. By: /s/ Maria Sramek ---------------------------- Name: Maria Srxxxx Xxxle: Vice President Exhibit A The following terms, if applicable, shall be agreed to by the Agents and the Company pursuant to each Terms Agreement:
Effect of Appointment. Pursuant to Section 2(c) of the Selling Agency Agreement, BNY shall be subject to and bound by, and entitled to the benefits of, all the terms and conditions of the Selling Agency Agreement applicable to an Agent and/or Purchaser.
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Effect of Appointment. Any invitation, notification or other communication addressed by the International Bureau to the duly appointed representative shall have the same effect as it would have had if it had been addressed to the depositor or the owner. Any document requiring the signature of the depositor or the owner in any procedure before the International Bureau, except the document appointing the representative or revoking his appointment, may be signed by the duly appointed representative of the depositor or of the owner, and any communication from the duly appointed representative to the International Bureau shall have the same effect as it would have had if it had been effected by the depositor or the owner.
Effect of Appointment. Upon satisfaction by the Company ---------------------- and any Additional Agent of the provisions of subsections 18(a) and (b) of this Section 18, such Additional Agent shall be deemed to be an Agent hereunder and all references to "Agent" in this Agreement shall be deemed to include such additional Agent from and after the date such provisions are satisfied and such appointment is effective. If the foregoing is in accordance with the Agents' understanding of our agreement, please sign and return to the Company a counterpart hereof, whereupon this instrument along with all counterparts will become a binding agreement between the Agents and the Company in accordance with its terms. Very truly yours, COLGATE-PALMOLIVE COMPANY By: ------------------------ Name: Title: Accepted: CHASE SECURITIES INC. By: ---------------------------- Name: Title: 28 XXXXXXX, XXXXX & CO. By: -------------------------------- (Xxxxxxx, Xxxxx & Co.) LAZARD FRERES & CO. LLC By: -------------------------------- Name: Title: XXXXXXX LYNCH, XXXXXX, XXXXXX & XXXXX INCORPORATED By: --------------------------------- Name: Title:
Effect of Appointment. Pursuant to Section 4.4 of the Rights Agreement, Xxxxx Fargo is, by virtue of its appointment by the Company as successor Rights Agent under the Rights Agreement, vested with the same powers, rights, duties and responsibilities as if Xxxxx Fargo had been originally named as Rights Agent pursuant to the Rights Agreement.
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