Common use of RESPONSIBILITIES OF AGENTS Clause in Contracts

RESPONSIBILITIES OF AGENTS. (a) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities contemplated by this Agreement and for all matters for which the Collateral Agent is not responsible. In all instances where the allocation of responsibility and authority, as between the Collateral Agent and the Administrative Agent is in doubt, the Administrative Agent shall be vested with such responsibility and authority.

Appears in 5 contracts

Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)

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RESPONSIBILITIES OF AGENTS. (a) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities Revolving Credit Facility contemplated by this Agreement and for all matters for which the Collateral Agent is not responsible. In all instances where the allocation of responsibility and authority, as between the Collateral Agent and the Administrative Agent is in doubt, the Administrative Agent shall be vested with such responsibility and authority.

Appears in 2 contracts

Samples: Revolving Credit Note (Casual Male Retail Group Inc), Revolving Credit Note (Casual Male Retail Group Inc)

RESPONSIBILITIES OF AGENTS. (a) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities facility contemplated by this the Loan Agreement and for all matters for which the Collateral Agent is not responsible. In all instances where the allocation of responsibility and authority, as between the Collateral Agent and the Administrative Agent is in doubt, the Administrative Agent shall be vested with such responsibility and authority.

Appears in 1 contract

Samples: Loan and Security Agreement (Gymboree Corp)

RESPONSIBILITIES OF AGENTS. (ai) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities facility contemplated by this the Loan Agreement and for all matters for which the Collateral Agent is not responsible. In all instances where the allocation of responsibility and authority, as between the Collateral Agent and the Administrative Agent is in doubt, the Administrative Agent shall be vested with such responsibility and authority.

Appears in 1 contract

Samples: Loan Agreement (Natural Wonders Inc)

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RESPONSIBILITIES OF AGENTS. (a) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities contemplated by this Agreement and for all matters for which the Collateral Agent is not responsible. In all instances where conduct of the allocation of responsibility and authority, as between the Collateral Agent Liquidation and the Administrative Agent is in doubt, distribution of the Administrative Agent shall be vested with proceeds of such responsibility and authorityLiquidation.

Appears in 1 contract

Samples: Jacobson Stores Inc

RESPONSIBILITIES OF AGENTS. (a) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities contemplated by this Agreement the Loan Documents and for all matters for which the Collateral Agent is not responsible. In all instances where the allocation of responsibility and authority, as between the Collateral Agent and the Administrative Agent is are in doubt, the Administrative Agent shall be vested with such responsibility and authority.

Appears in 1 contract

Samples: Loan and Security Agreement (Baker J Inc)

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