The Agents Etc Clause Samples
The "Agents, Etc." clause defines the roles, responsibilities, and authority of agents or representatives acting on behalf of the parties in a contract. It typically clarifies whether actions taken by agents, employees, or other representatives are binding on the principal party, and may specify any limitations on such authority. For example, it might state that only certain designated individuals can make decisions or enter into agreements on behalf of a company. This clause ensures clarity regarding who is authorized to act for each party, thereby reducing the risk of unauthorized commitments or misunderstandings.
The Agents Etc. Section 7.01. Authorization and Action 111 Section 7.02. Reliance, Etc. 112 Section 7.03. Bank of America, PNC Bank, ▇▇▇▇▇ Fargo Bank, National Association and Affiliates 112 Section 7.04. Lender Party Credit Decision 112 Section 7.05. Indemnification 113 Section 7.06. Successor Agents 114 Section 7.07. The Joint Lead Arrangers, the Syndication Agents and the Documentation Agents 115 Section 7.08. Lender Representations 115
The Agents Etc