Rights, Powers, etc Sample Clauses

Rights, Powers, etc. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s resignation or removal hereunder as Administrative Agent, the provisions of this Article 8 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement.
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Rights, Powers, etc. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of this Article 8 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement.
Rights, Powers, etc. Upon the acceptance of any appointment as an Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Agent's resignation or removal hereunder as Agent, the provisions of this Article 9 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Agent under this Agreement.
Rights, Powers, etc. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s resignation hereunder as Administrative Agent, the provisions of this Article 8 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement. Pretium Resources Inc. - Credit Agreement
Rights, Powers, etc. The designations, powers, preferences, rights, qualifications, limitations and restrictions in respect of each class and series of authorized capital stock of the Company (i) as of the date hereof are as set forth in the Company's Amended and Restated Certificate of Incorporation, a copy of which has been filed with the Filed SEC Documents, and, (ii) at the Closing will be as set forth in the Company's Amended and Restated Certificate of Incorporation and in the Certificate of Amendment (collectively, the "Certificate of Incorporation") and at the Closing all such designations, powers, preferences, rights, qualifications, limitations and restrictions shall be valid, binding and enforceable and in accordance with all applicable laws (subject, as to enforcement, to the discretion of the courts in awarding equitable relief and to applicable bankruptcy, reorganization, insolvency, moratorium and similar laws affecting the rights of creditors generally). Except as provided for in this Agreement, other than pursuant to the Nomination Agreement, dated as of the June 30, 1999 (the "Xxxxxxxxx Agreement"), by and among Xxxxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxxx, Xxxx Xxxxxxxxx, Xxxxxx Xxxxxxxxx and Xxxxxxx Xxxxxxxxx (hereinafter collectively referred to as the "Mellingers") and the Company, a copy of which has been filed with the Filed SEC Documents, the rights under which have been waived by the Mellingers with respect to the issuance of the Securities hereunder, and other than the Engagement Letter (the "Xxxxxx Capital Engagement Letter") dated as of February 8, 2000, between the Company and Xxxxxx Capital Corporation ("Xxxxxx Capital"), pursuant to which Xxxxxx Capital will be issued a warrant to purchase (x) 167,279 shares of Common Stock if 7,500,000 shares of Series A Preferred Stock and Warrants to purchase 3,750,000 shares of Common Stock are issued hereunder, or (y) 188, 287 shares of Common Stock if 10,000,000 shares of Series A Preferred Stock and Warrants to purchase 5,000,000 shares of Common Stock are issued hereunder, (i) no subscription, warrant, option, convertible security or other right (contingent or otherwise and including without limitation preemptive rights or any other rights to acquire equity securities of the Company, whether pursuant to any "anti-dilution" provision or otherwise) to purchase or otherwise acquire equity securities of the Company is authorized or outstanding (whether contractual or otherwise), (ii) there is no commitment by the Co...
Rights, Powers, etc. Upon the acceptance of any appointment as Administrative Agent or the Administrative Agent For Combined Lenders hereunder by a successor Administrative Agent or successor Administrative Agent For Combined Lenders, as applicable, such successor Administrative Agent or successor Administrative Agent For Combined Lenders, as applicable, shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent or the retiring Administrative Agent For Combined Lenders, as applicable, and the retiring Administrative Agent and the retiring Administrative Agent For Combined Lenders, as applicable, shall be discharged from its duties and obligations under this Agreement and the other Financing Documents. After any retiring Administrative Agent's resignation or removal hereunder as Administrative Agent or the resignation or removal of any Administrative Agent For Combined Lenders as Administrative Agent For Combined Lenders, the provisions of this Article VII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent or the Administrative Agent For Combined Lenders, as applicable, under this Agreement.

Related to Rights, Powers, etc

  • Additional Powers The Trustees shall have the power and authority on behalf of the Trust:

  • Rights and Powers Each Agent may, in connection with its services hereunder:

  • Ownership Powers To vote or give assent, or exercise any rights of ownership, with respect to stock or other securities, debt instruments or property; and to execute and deliver proxies or powers of attorney to such person or persons as the Trustees shall deem proper, granting to such person or persons such power and discretion with relation to securities, debt instruments or property as the Trustees shall deem proper;

  • Statutory Powers For the purposes of all powers implied by statute the Secured Obligations shall be deemed to have become due and payable on the date of this Assignment.

  • Organization; Powers Each of the Borrower and its Subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, has all requisite power and authority to carry on its business as now conducted and, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is required.

  • Reservation of Managerial Rights The foregoing enumeration of School Board rights and duties shall not be deemed to exclude other inherent management rights and management functions not expressly reserved herein, and all management rights and management functions not expressly delegated in this Agreement are reserved to the School Board.

  • Organization; Corporate Powers The Borrower and each of its Subsidiaries (i) is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, (ii) is duly qualified to do business and is in good standing under the laws of each jurisdiction in which failure to be so qualified and in good standing could not reasonably be expected to have a Material Adverse Effect and (iii) has all requisite corporate power and authority to own, operate and encumber its property and to conduct its business as presently conducted and as proposed to be conducted.

  • Organization; Power; Qualification Each of the Borrower, the other Loan Parties and the other Subsidiaries is a corporation, partnership or other legal entity, duly organized or formed, validly existing and in good standing under the jurisdiction of its incorporation or formation, has the power and authority to own or lease its respective properties and to carry on its respective business as now being and hereafter proposed to be conducted and is duly qualified and is in good standing as a foreign corporation, partnership or other legal entity, and authorized to do business, in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization and where the failure to be so qualified or authorized could reasonably be expected to have, in each instance, a Material Adverse Effect.

  • Purpose; Powers The nature of the business or purposes to be conducted or promoted by the Company is to engage in any lawful act or activity for which limited liability companies may be formed under the Act. The Company shall have the power and authority to take any and all actions and engage in any and all activities necessary, appropriate, desirable, advisable, ancillary or incidental to the accomplishment of the foregoing purpose.

  • Police Powers The Grantee agrees to comply with the terms of any lawfully adopted generally applicable local ordinance necessary to the safety, health, and welfare of the public, to the extent that the provisions of the ordinance do not have the effect of limiting the benefits or expanding the obligations of the Grantee that are granted by this Franchise. This Franchise is a contract and except as to those changes which are the result of the Grantor’s lawful exercise of its general police power, the Grantor may not take any unilateral action which materially changes the mutual promises in this contract.

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