Common use of THE AGENT, THE ARRANGER AND THE BANKS Clause in Contracts

THE AGENT, THE ARRANGER AND THE BANKS. 25.1 Appointment of the Agent The Arranger and each of the Banks hereby appoints the Agent to act as its agent in connection herewith and authorises the Agent to exercise such rights, powers, authorities and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers, authorities and discretions as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Charge Agreement (Ace LTD), Ace LTD

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THE AGENT, THE ARRANGER AND THE BANKS. 25.1 Appointment APPOINTMENT OF THE AGENT Each of the Agent The Arranger Arrangers and each of the Banks Bank hereby appoints the Agent to act as its agent in connection herewith and authorises the Agent to exercise such rights, powers, authorities and discretions as are specifically delegated to the Agent it by the terms hereof together with all such rights, powers, authorities and discretions as are reasonably incidental thereto, provided that the Agent shall not start any legal proceedings on behalf or in the name of any Bank without that Bank's prior written consent.

Appears in 1 contract

Samples: Agreement (Niner Acquistion Inc)

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THE AGENT, THE ARRANGER AND THE BANKS. 25.1 26.1 Appointment of the Agent The Each of the Arranger and each of the Banks hereby appoints the Agent to act as its agent in connection herewith and authorises the Agent to exercise such rights, powers, authorities and discretions as are specifically delegated to the Agent by the terms hereof together with all such rights, powers, authorities and discretions as are reasonably incidental thereto.

Appears in 1 contract

Samples: Imc Global Inc

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