Common use of Powers Clause in Contracts

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 302 contracts

Samples: Credit Agreement (Glimcher Realty Trust), Credit Agreement (Hancock Holding Co), Credit Agreement (Bemis Co Inc)

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Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.

Appears in 67 contracts

Samples: Term Loan Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward Governor Co), Credit Agreement (Steelcase Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 22 contracts

Samples: Credit Agreement (Encore Capital Group Inc), Credit Agreement (Res Care Inc /Ky/), Credit Agreement (Chemed Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents Papers as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder except any action specifically provided by the Loan Documents Papers to be taken by the Administrative Agent.

Appears in 15 contracts

Samples: Credit Agreement (Whiting Petroleum Corp), Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Transaction Documents except any action specifically provided by the Loan Transaction Documents required to be taken by the Administrative Agent.

Appears in 11 contracts

Samples: Credit Agreement (Home Point Capital Inc.), Credit Agreement (loanDepot, Inc.), Credit Agreement (Caliber Home Loans, Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. The Administrative Agent shall administer this Agreement in the same manner and with the same standard of care as it administers similar agreements for its own account.

Appears in 11 contracts

Samples: Credit Agreement (Developers Diversified Realty Corp), Credit Agreement (Developers Diversified Realty Corp), Credit Agreement (Developers Diversified Realty Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by for in this Agreement and/or the other Loan Documents to be taken by the Administrative Agent.

Appears in 10 contracts

Samples: Credit Agreement (Inland American Real Estate Trust, Inc.), Assignment Agreement (InvenTrust Properties Corp.), Credit Agreement (Inland Real Estate Income Trust, Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any Lenders and no obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 10 contracts

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Credit Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Credit Documents to be taken by the Administrative Agent.

Appears in 7 contracts

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 6 contracts

Samples: Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc), Assignment Agreement (Mdu Resources Group Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall not have no any implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 6 contracts

Samples: Assignment Agreement (Southwestern Energy Co), Credit Agreement (Southwestern Energy Co), Credit Agreement (Southwestern Energy Co)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder thereunder, except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 6 contracts

Samples: Credit Agreement (Aon Corp), Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersLenders or the LC Issuers, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.)

Powers. The Administrative Agent shall have and may exercise such ------ powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (National Golf Properties Inc), Credit Agreement (Rouse Company), Revolving Credit Agreement (Rouse Company)

Powers. The Administrative Agent shall will have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have has no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 5 contracts

Samples: Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties or responsibilities to the LendersHolders of Secured Obligations, or any obligation to the Lenders Holders of Secured Obligations, to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersLenders or the LC Issuers, or any obligation to the Lenders or the LC Issuers to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Duquesne Light Holdings Inc), Credit Agreement (Duquesne Light Holdings Inc), Credit Agreement (Core Laboratories N V)

Powers. The Each of the Administrative Agent and the Fronting Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent or the Fronting Agent, as applicable, by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither the Administrative Agent nor the Fronting Agent shall have no any implied duties to the Lenders, Lenders or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent or the Fronting Agent, as applicable.

Appears in 4 contracts

Samples: Assignment Agreement (Whirlpool Corp /De/), Assignment Agreement (Whirlpool Corp /De/), Credit Agreement (Whirlpool Corp /De/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the LendersFunding Agents, the Lenders or to any Hedge Counterparty, or any obligation to the Funding Agents, the Lenders or any Hedge Counterparty to take any action thereunder hereunder or under any of the other Transaction Documents except any action specifically provided by the Loan Transaction Documents required to be taken by the Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Vivint Solar, Inc.), Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, Lenders or any obligation to the Lenders to take any action thereunder thereunder, except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (FBL Financial Group Inc), Credit Agreement (Argonaut Group Inc), Credit Agreement (Insurance Auto Auctions Inc /Ca)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Issuing Lenders, Swing Line Lender or Lenders, or any obligation to the Issuing Lenders, Swing Line Lender or Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.

Appears in 4 contracts

Samples: Revolving Credit Agreement (TJX Companies Inc /De/), Assignment Agreement (TJX Companies Inc /De/), Credit Agreement (TJX Companies Inc /De/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. The Administrative Agent shall not be required under any circumstances to take any action that, in its judgment, is contrary to any provision of the Loan Documents or Applicable Law.

Appears in 4 contracts

Samples: Assignment Agreement (WGL Holdings Inc), Assignment Agreement (WGL Holdings Inc), Assignment Agreement (Washington Gas Light Co)

Powers. The Administrative Agent shall have and may exercise such ------ powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.. 11.3

Appears in 3 contracts

Samples: 364 Day Bridge Term Loan Credit Agreement (Energizer Holdings Inc), Year Revolving Credit Agreement (Energizer Holdings Inc), 364 Day Credit Agreement (Energizer Holdings Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Facility Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Facility Documents to be taken by the Administrative Agent.

Appears in 3 contracts

Samples: Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc), Assignment Agreement (Navigators Group Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, Lenders or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Crane Co /De/), Term Credit Agreement (Whirlpool Corp /De/), Multicurrency Credit Agreement (Crane Co /De/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Administrative Agent by the terms of each thereofhereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder hereunder except any action specifically provided by the Loan Documents this Agreement to be taken by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Cordant Technologies Inc), Credit Agreement (Cordant Technologies Inc), Credit Agreement (Brown Forman Corp)

Powers. The Administrative Agent shall have and may exercise such ------ powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Roper Industries Inc /De/), Year Revolving Credit Agreement (Ralston Purina Co), 364 Day Credit Agreement (Ralston Purina Co)

Powers. (A) The Administrative Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Funding Agents or the Lenders, or any obligation to the Funding Agents or the Lenders to take any action thereunder hereunder or under any of the other Transaction Documents except any action specifically provided by the Loan Transaction Documents required to be taken by the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, LC Issuers, or any obligation to the Lenders or LC Issuers to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Radian Group Inc), Credit Agreement (Radian Group Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental theretothereto (but subject to Section 15.7 below). The Administrative Agent shall have no implied duties duties, obligations or liabilities to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.. Only the Administrative Agent may perform the duties reserved to it under the Loan Documents and no Lender shall act or purport to act on behalf of the other Lenders or Administrative Agent on any such matters. Without limiting the generality of the foregoing:

Appears in 2 contracts

Samples: Term Credit Agreement (General Growth Properties Inc), Revolving Credit Agreement (General Growth Properties Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the LendersHolders of Obligations, or any obligation to the Lenders Holders of Obligations to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Henry Jack & Associates Inc), Credit Agreement (MDC Holdings Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties (other than those of good faith and fair dealing) to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. The Administrative Agent shall exercise the same care in its administration of the Loan Facility as it would exercise in the administration of a loan facility entirely for its own account.

Appears in 2 contracts

Samples: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to have the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Security Agreement (M I Homes Inc), Security Agreement (M I Homes Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)

Powers. The Administrative Agent shall have has and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have has no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Revolving and Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. The Administrative Agent shall endeavor to administer this Agreement in the same manner and with the same standard of care as it administers similar agreements for its own account.

Appears in 2 contracts

Samples: Credit Agreement (Chateau Communities Inc), Credit Agreement (Chateau Communities Inc)

Powers. The Administrative Agent shall have and may exercise ------ such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Conectiv Inc), Conectiv Inc

Powers. The Each of the Administrative Agent and the Servicing Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Neither such Agent shall have no any implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative such Agent.

Appears in 2 contracts

Samples: Credit Agreement (Servicemaster Co), Assignment Agreement (Servicemaster Co)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders theLenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Inland Real Estate Corp), Credit Agreement (Inland Real Estate Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties (other than those of good faith and fair dealing) to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. The Administrative Agent shall exercise the same care in its administration of the Facilities as it would exercise in the administration of a loan facility entirely for its own account.

Appears in 2 contracts

Samples: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. Administrative Agent shall have the sole and exclusive right to take any actions or to give any notices relating to this Agreement pursuant to the Indenture.

Appears in 2 contracts

Samples: Credit Agreement (MDC Holdings Inc), Credit Agreement (MDC Holdings Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.. 709152408 03173762

Appears in 1 contract

Samples: Credit Agreement (Mdu Resources Group Inc)

Powers. The Administrative Agent shall have and may exercise such ------ powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder thereunder, except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Ralcorp Holdings Inc /Mo)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder 110 hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Long Term Credit Agreement (Ball Corp)

Powers. (A) The Administrative Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the LendersFunding Agents or the Lenders or any Hedge Counterparty, or any obligation to the Funding Agents or the Lenders or any Hedge Counterparty to take any action thereunder hereunder or under any of the other Transaction Documents except any action specifically provided by the Loan Transaction Documents required to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Sunnova Energy International Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by for in this Agreement and/or the other Loan Documents to be taken by the Administrative Agent. 10.3.

Appears in 1 contract

Samples: Term Loan Credit Agreement (InvenTrust Properties Corp.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties duties, obligations or liabilities to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.. Only Administrative Agent may perform the duties reserved to it under the Loan Documents and no Lender shall act or purport to act on behalf of the other Lenders or Administrative Agent on any such matters. Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Assignment Agreement (Great Lakes Reit Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.. 108

Appears in 1 contract

Samples: Credit Agreement (Meritor Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.. 119

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Brightpoint Inc)

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Powers. The Administrative Agent shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Administrative Agent by the terms of each hereof and thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties duty to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or thereunder, except any action specifically provided by this Agreement and the other Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (G&k Services Inc)

Powers. The Administrative Agent Agents shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Administrative Agent Agents by the terms of each thereofthe Loan Documents, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or Banks nor any obligation to the Lenders Banks to take any action thereunder under the Loan Documents except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Mississippi Chemical Corp /MS/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Construction Loan Agreement (Newmarket Corp)

Powers. The Administrative Agent shall have and any may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Administrative Agent it by the terms of each thereofhereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall not have no any implied duties to the Lenders, or any obligation to the Lenders Banks to take any action thereunder hereunder except any action specifically provided by the Loan Documents this Agreement to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents and Guaranties as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents and Guaranties to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (MDC Holdings Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.. ncbcrex.htm 14534489\V-10

Appears in 1 contract

Samples: Credit Agreement (Associated Estates Realty Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to 115 take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Woodward, Inc.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, Lenders or any SIDLEY XXXXXX XXXXX & XXXX LLP obligation to the Lenders to take any action thereunder thereunder, except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Insurance Auto Auctions Inc /Ca)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.. 105

Appears in 1 contract

Samples: Credit Agreement (Meritor Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Administrative Agent by the terms of each thereofhereof, together with such powers as are reasonably incidental thereto. The Neither the Administrative Agent nor the Syndication Agent shall have no any implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder hereunder except any action specifically provided by the Loan Documents this Agreement to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Long Term Revolving Credit Agreement (Conagra Foods Inc /De/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Richardson Electronics LTD/De)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent. 11.3.

Appears in 1 contract

Samples: Credit Agreement (Arvinmeritor Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by for in this Agreement and/or the other Loan Documents to be taken by the Administrative Agent. - 112 - US_ACTIVEActive\121281000\V-110 10.3.

Appears in 1 contract

Samples: Credit Agreement (InvenTrust Properties Corp.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Administrative Agent.. 109

Appears in 1 contract

Samples: Security Agreement (Brightpoint Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.. 10.3

Appears in 1 contract

Samples: Credit Agreement (Inland Retail Real Estate Trust Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation fiduciary duties to the Lenders or any SIDLEY AUSTIN BROWN & WOOD 54 oblixxxxxx xx xxe Lxxxxrs to take any action thereunder thereunder, except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Insurance Auto Auctions Inc /Ca)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents this Agreement as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents this Agreement to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Bemis Co Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the 55 62 Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Transaction Documents and the Acknowledgment Agreement as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any of the other Transaction Documents or the Acknowledgment Agreement except any action specifically provided by the Loan Transaction Documents or the Acknowledgment Agreement required to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (UWM Holdings Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Administrative Agent by the terms of each thereofhereof, together with such powers as are reasonably incidental thereto. The Neither the Administrative Agent nor the Syndication Agent shall have no any implied duties to the LendersBanks or the Issuing Banks, or any obligation to the Lenders Banks or the Issuing Banks to take any action thereunder hereunder except any action specifically provided by the Loan Documents this Agreement to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Conagra Foods Inc /De/)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents this Agreement as are specifically delegated to the Administrative Agent by the terms of each thereofhereof, together with such powers as are reasonably incidental theretohereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder except any action specifically provided by the Loan Documents herein to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Bemis Co Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Credit Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersBanks, or any obligation to the Lenders Banks to take any action thereunder except any action specifically provided by the Loan Credit Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Integrated Electrical Services Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents Papers as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents Papers to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bok Financial Corp Et Al)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall not have no (a) implied duties to the Lenders, Banks or (b) any obligation to the Lenders Banks to take any action thereunder except under any Loan Document other than any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Midamerican Funding LLC)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties (other than those of good faith and fair dealing) to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. The Administrative Agent shall exercise the same care in its administration of the Loan Facility as it would exercise in the administration of a loan facility entirely for its own account. 11.3.

Appears in 1 contract

Samples: Credit Agreement (Toll Brothers Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersLenders or the LC Issuer, or any obligation to the Lenders or the LC Issuer to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties or fiduciary duties to the LendersPurchasers, or any obligation to the Lenders Purchasers to take any action thereunder hereunder or under any of the other Transaction Documents except any action specifically provided by the Loan Transaction Documents required to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Note Purchase Agreement (Solarcity Corp)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the LendersLender, or any obligation to the Lenders Lender to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Airnet Systems Inc)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. None of the Syndication Agent, the Co-Agent, the Arranger nor the Sole Bookrunner shall have any responsibilities as an agent hereunder.

Appears in 1 contract

Samples: Assignment Agreement (Clayton Williams Energy Inc /De)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each 77 thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any Lenders and no obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Dolan Co.)

Powers. The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent. 10.3.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Idacorp Inc)

Powers. 57 4891-7239-4657\7 4889-9803-5617\4 . The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Independent Bank Group, Inc.)

Powers. 100 . The Administrative Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Administrative Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have no implied duties to the Lenders, or any obligation to the Lenders to take any action thereunder except any action specifically provided by the Loan Documents to be taken by the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Andersons, Inc.)

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