Common use of Powers Clause in Contracts

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 255 contracts

Samples: Day Bridge Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Star Group, L.P.)

AutoNDA by SimpleDocs

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 35 contracts

Samples: Credit Agreement (Finish Line Inc /In/), Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 22 contracts

Samples: Assignment Agreement (Cooper Cameron Corp), Credit Agreement (Aon Corp), Credit Agreement (Fund American Enterprises Holdings Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 22 contracts

Samples: Credit Agreement, Credit Agreement (Tesoro Corp /New/), Credit Agreement (United Stationers Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 17 contracts

Samples: Credit Agreement (Xcel Energy Inc), Credit Agreement (Clarion Technologies Inc/De/), Assignment Agreement (Northern States Power Co)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 13 contracts

Samples: Assignment Agreement (Kelly Services Inc), Assignment Agreement (Kelly Services Inc), Assignment Agreement (Kelly Services Inc)

Powers. The Agent shall have and may exercise such powers under the ------ Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 12 contracts

Samples: Credit Agreement (Jostens Inc), Credit Agreement (LTC Properties Inc), Assignment Agreement (Torchmark Corp)

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

Appears in 11 contracts

Samples: Credit Agreement (Baltimore Gas & Electric Co), Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Agents 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 Agentapplicable Agents.

Appears in 10 contracts

Samples: Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc), Credit Agreement (Acuity Brands Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Agent by the terms of each thereofthe Loan Documents, together with such powers as are reasonably incidental thereto. The Agent shall have no implied duties to the LendersBanks, or 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 Agent.

Appears in 9 contracts

Samples: Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp), Credit Agreement (Minnesota Corn Processors LLC)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent. 10.3.

Appears in 9 contracts

Samples: Version Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Seitel Inc), Credit Agreement (Kimball International Inc)

Powers. The Agent shall have and may exercise such powers under ------ the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 8 contracts

Samples: Credit Agreement (Ohio Casualty Corp), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto; provided, however in the event of a conflict between the terms and provisions of any Loan Document (other than this Agreement) and this Agreement, the terms and conditions of this Agreement shall control. The 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 Documents, subject to any limitation contained in this Agreement, to be taken by the Agent.

Appears in 7 contracts

Samples: Credit Agreement (Superior Energy Services Inc), Assignment Agreement (Superior Energy Services Inc), Credit Agreement (Superior Energy Services Inc)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither Agent shall have no any 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 such Agent.

Appears in 7 contracts

Samples: Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc)

Powers. The Designated Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Designated Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Designated 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 Designated Agent.

Appears in 7 contracts

Samples: Credit Agreement (M.D.C. Holdings, Inc.), Credit Agreement (M.D.C. Holdings, Inc.), Credit Agreement (M.D.C. Holdings, Inc.)

Powers. The Agent shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Agent by the terms of each thereofthe Loan Documents, together with such powers as are reasonably incidental thereto. The 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 Agent, and in no event shall the Agent have any fiduciary responsibilities to any Bank.

Appears in 6 contracts

Samples: Credit Agreement (Empire District Electric Co), Credit Agreement (Empire District Electric Co), Credit Agreement (Empire District Electric Co)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The No 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 such Agent.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Arvinmeritor Inc), Year Revolving Credit Agreement (Arvinmeritor Inc), Day Credit Agreement (Arvinmeritor Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 5 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Great Lakes Reit)

Powers. The Agent shall have and may exercise such powers under the Loan Facility Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 5 contracts

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

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

Appears in 5 contracts

Samples: Credit Agreement (Central Illinois Public Service Co), Credit Agreement (Amerenenergy Generating Co), Credit Agreement (Amerenenergy Generating Co)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together together, in the Administrative Agent's case, with such powers as are reasonably incidental thereto. The Agent Agents 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 Agentapplicable Agents.

Appears in 4 contracts

Samples: Credit Agreement (Applebees International Inc), Revolving Credit Agreement (Applebees International Inc), Assignment Agreement (Applebees International Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Transaction Documents to be taken by the Agent.

Appears in 4 contracts

Samples: Security Agreement (Pronet Inc /De/), Credit Agreement (Tri State Outdoor Media Group Inc), Credit Agreement (Northland Cable Television Inc)

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

Appears in 4 contracts

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

Powers. The Agent shall have and may exercise such powers under ------ the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 4 contracts

Samples: Assignment Agreement (Alliant Energy Corp), Credit Agreement (Depuy Inc), Credit Agreement (Petco Animal Supplies Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents Financing Agreements as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Financing Agreements to be taken by the Agent.

Appears in 4 contracts

Samples: Loan and Security Agreement (Lois/Usa Inc), Loan and Security Agreement (Plainwell Inc), Loan and Security Agreement (Telular Corp)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither 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 such Agent.

Appears in 4 contracts

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

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

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.)

Powers. The Agent shall have and may exercise such powers ------ under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 3 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Torchmark Corp), Credit Agreement (Fund American Enterprises Holdings Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Credit Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 3 contracts

Samples: Credit Agreement (Gardner Denver Inc), Credit Agreement (Gardner Denver Inc), Credit Agreement (Industrial Distribution Group Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. 16.3

Appears in 3 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 3 contracts

Samples: Credit Agreement (Pioneer Standard Electronics Inc), Assignment Agreement (Duriron Co Inc), Credit Agreement (Pioneer Standard Electronics Inc)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither 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 such Agent.

Appears in 3 contracts

Samples: Credit Agreement (Meritor Automotive Inc), Assignment Agreement (Southwestern Energy Co), Credit Agreement (Meritor Automotive Inc)

Powers. The Agent Agents shall have and may exercise such powers under the Loan Documents hereunder as are specifically delegated to the Agent Agents by the terms of each thereofthe Loan Documents, together with such powers as are reasonably incidental thereto. The Agent Agents 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 AgentAgents.

Appears in 3 contracts

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

Powers. The Agent shall have has and may has the right to exercise such all powers under the Loan Documents as are specifically delegated delegate to the Agent by the terms of each thereofAgent, together with such all powers as that are reasonably incidental theretoto those express powers. The Agent shall have has no implied duties duty to the Lenders, any Lender or any obligation to the Lenders any Lender to take any action thereunder under any Loan Document except any action specifically provided by actions the Loan Documents expressly require Agent to be taken by the Agenttake.

Appears in 3 contracts

Samples: Credit Agreement (Life Time Fitness, Inc.), Credit Agreement (Life Time Fitness, Inc.), Credit Agreement (Life Time Fitness, Inc.)

Powers. The Agent shall have and may exercise such powers ------ under the Loan Credit Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 3 contracts

Samples: Assignment Agreement (Gardner Denver Inc), Credit Agreement (Gardner Denver Inc), Credit Agreement (Gardner Denver Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto; PROVIDED, HOWEVER in the event of a conflict between the terms and provisions of any Loan Document (other than this Agreement) and this Agreement, the terms and conditions of this Agreement shall control. The 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 Documents, subject to any limitation contained in this Agreement, to be taken by the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Unifab International Inc), Credit Agreement (Superior Energy Services Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent shall have no implied duties to the Lenders, or any obligation obligations to the Lenders (including, without limitation, duties or obligations to take any action thereunder except any action specifically provided by under the Loan Documents to be taken by Documents) other than those specifically set forth in the AgentLoan Documents.

Appears in 2 contracts

Samples: Assignment Agreement (Yellow Corp), Revolving Credit Agreement (JPF Acquisition Corp)

Powers. The Agent Each of the Agents shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Each of the Agents 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 one of the AgentAgents.

Appears in 2 contracts

Samples: Credit Agreement (K2 Inc), Credit Agreement (K2 Inc)

Powers. The Agent Agents shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Agents 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 AgentAgents or either of them.

Appears in 2 contracts

Samples: Credit Agreement (Spartan Stores Inc), Credit Agreement (Spartan Stores Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. 10.3

Appears in 2 contracts

Samples: Credit Agreement (Petco Animal Supplies Inc), Assignment Agreement (Hovnanian Enterprises Inc)

Powers. The Agent shall have and may exercise such powers under ------ the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 2 contracts

Samples: Credit Agreement (Agribrands International Inc), Long Term Credit Agreement (Agribrands International Inc)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The No Agent shall have no any 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 such Agent.

Appears in 2 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)

Powers. The Agent Agents shall have and may exercise such powers under this Agreement and the other Loan Documents as are specifically delegated to the Agent Agents by the terms of each hereof and thereof, together with such powers as are reasonably incidental thereto. The Agent Agents shall have no implied duties 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 applicable Agent.

Appears in 1 contract

Samples: Credit Agreement (G&k Services Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental theretothereto (but subject to SECTION 14.13 below). The 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 Agent.. Only 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 Agent on any such matters. Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Assignment Agreement (Great Lakes Reit)

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

Appears in 1 contract

Samples: Term Loan Agreement (Atlantic City Electric Co)

Powers. The Agent shall have and may exercise such powers under ------ the Loan Credit Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Assignment Agreement (Gardner Denver Inc)

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

Appears in 1 contract

Samples: Secured Senior Lending Agreement (Pioneer Financial Services Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. 123

Appears in 1 contract

Samples: Credit Agreement (U S Home Corp /De/)

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

Appears in 1 contract

Samples: Assignment Agreement (Nationwide Financial Services Inc/)

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

Appears in 1 contract

Samples: Credit Agreement (Nevada Gold & Casinos Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto, including the right to receive all payments, notices and other deliveries and communications to be given Lenders or Agent under this Agreement or any other Loan Document; provided, however, that Agent shall not, absent the prior approval of all Lenders, waive any default under the Loan Documents or amend any terms set out in the Loan Documents. The 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 Agent.

Appears in 1 contract

Samples: Loan Agreement (United Foods Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents Financing Agreements as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither the Agent nor the Audit Agent shall have no any 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 Financing Agreements to be taken by the Agent or the Audit Agent, as applicable.

Appears in 1 contract

Samples: Loan and Security Agreement (Lois/Usa Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Jacor Communications Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Transaction Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Transaction Documents to be taken by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Fund American Enterprises Holdings Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents Financing Agreements as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Financing Agreements to be taken by the Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Webco Industries Inc)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Assignment Agreement (Howmet International Inc)

Powers. The Agent shall have and may exercise such powers ------ under the Loan Credit Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent shall not have no any implied 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 Credit Documents to be taken by the Agent.

Appears in 1 contract

Samples: Project Credit Agreement (Deltic Timber Corp)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. Only 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 Agent on any such matters. Without limiting the generality of the foregoing:

Appears in 1 contract

Samples: Revolving Credit Agreement (LNR Property Corp)

Powers. The Agent shall have and may exercise such powers hereunder and under the other Loan Documents as are specifically delegated to the Agent by the terms of each thereofhereof and thereby, together with such powers as are reasonably incidental thereto. The 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 Agent.the

Appears in 1 contract

Samples: Loan and Letter of Credit Reimbursement Agreement (Unitog Co)

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

Appears in 1 contract

Samples: Credit Agreement (Seminis Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Credit Agreement (Lafarge Corp)

Powers. The Agent shall have and may exercise such powers under the ------ Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

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

Appears in 1 contract

Samples: Security Agreement (Pride International Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto; provided, however in the event of a conflict between the terms and provisions of any Loan Document (other than this Agreement) and this Agreement, the terms and conditions of this Agreement shall control. The 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 Agent.action

Appears in 1 contract

Samples: Assignment Agreement (Unifab International Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Credit Agreement (Intrepid Potash, Inc.)

Powers. The Agent shall have and may exercise such powers ------ under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Assignment Agreement (Money Store Inc /Nj)

Powers. The Agent shall have and may exercise such powers under ------- the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Assignment Agreement (Finish Line Inc /De/)

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

Appears in 1 contract

Samples: Loan Agreement (Colmena Corp)

Powers. The Each Agent shall have and may exercise such powers under the ------ Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Agents 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 Agentapplicable Agents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mead Corp)

Powers. The Each Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Agents 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 Agentapplicable Agents.

Appears in 1 contract

Samples: Credit Agreement (Blueknight Energy Partners, L.P.)

Powers. The Agent Agents shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent Agents by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Agents 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 Agent.Agents. 10.3

Appears in 1 contract

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

Powers. The Agent shall have and may exercise such powers under ------ the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stepan Co)

Powers. The Agent shall have and may exercise such powers for the benefit of the Lenders under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (HydroGen CORP)

Powers. The Each Agent shall have and may exercise such powers Powers hereunder and under the other Loan Documents as are specifically delegated to the such Agent by the terms of each hereof or thereof, together with such powers as are reasonably incidental thereto. The No Agent shall have no implied any duties to the Lenders, or any obligation to the Lenders to take any action thereunder hereunder or under any other Loan Documents except any action specifically provided by the this Agreement or such other Loan Documents Document to be taken by such Agent. No Co-Agent or Lead Manager shall have any rights or obligations under the AgentLoan Documents except in its capacity as a Lender.

Appears in 1 contract

Samples: Credit Agreement (Jacor Communications Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent. Agent shall have the Agentsole and exclusive right to take any actions or to give any notices relating to this Agreement pursuant to the Indenture.

Appears in 1 contract

Samples: Credit Agreement (Biltmore South Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Efm Programming Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.obligation

Appears in 1 contract

Samples: Assignment Agreement (Administaff Inc \De\)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. 11.3

Appears in 1 contract

Samples: Execution Copy (Myers Industries Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. A&R CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with -41- such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Assignment Agreement (Aon Corp)

Powers. The Agent Each of the Agents shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither Agent shall have no any 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 such Agent.

Appears in 1 contract

Samples: Credit Agreement (Headwaters Inc)

Powers. The Agent Each of the Agents shall have and may exercise such powers under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Neither Agent shall have no any 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 such Agent.

Appears in 1 contract

Samples: Credit Agreement (Headwaters Inc)

Powers. The Agent shall have and may exercise such powers under the ------ Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

Powers. The Agent shall have and may exercise such powers under the Facility B Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Facility B Loan Documents to be taken by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Lennar Corp)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.. 1.2 1.3

Appears in 1 contract

Samples: Credit Agreement (Littelfuse Inc /De)

Powers. The Each Agent shall have and may exercise such powers ------ under the Loan Documents as are specifically delegated to the such Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent Agents 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 Agentapplicable Agents.

Appears in 1 contract

Samples: Day Credit Agreement (Mead Corp)

Powers. The Agent shall have and may exercise ------ such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Powers. The Agent shall have and may exercise such powers under the ------ Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. Without limiting the foregoing, the Agent may from time to time enter into the documentation contemplated by Section 6.25. The 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 Agent.

Appears in 1 contract

Samples: Credit Agreement (Corporate Express Inc)

Powers. The Agent shall have and may exercise such ------ powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent. 10.3.

Appears in 1 contract

Samples: Credit Agreement (Alleghany Corp /De)

Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Agent. The Agent shall not be responsible for the negligence or misconduct of any agent or attorney-in-fact that it selects with reasonable care.

Appears in 1 contract

Samples: Assignment Agreement (Northern States Power Co)

Powers. The Agent shall have and may exercise such powers under ------ the Loan Combined Credit Facilities Documents as are specifically delegated to the Agent by the terms of each thereof, together with such powers as are reasonably incidental thereto. The 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 Combined Credit Facilities Documents to be taken by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Qad Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.