Common use of Appointment and Authorization Clause in Contracts

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 100 contracts

Samples: Assignment and Assumption Agreement (Target Corp), Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc)

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Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 56 contracts

Samples: Credit Agreement (Heinz H J Co), Credit Agreement (Duke Energy CORP), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Any reference to an agent for the Banks in, or in connection with, any Loan Document shall be a reference to the Agent.

Appears in 25 contracts

Samples: Credit Agreement (Putnam Sustainable Leaders Fund), Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Credit Agreement (Credit Suisse Asset Management Income Fund Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Credit Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 23 contracts

Samples: Term Loan Agreement (American Equity Investment Life Holding Co), Credit Agreement (Lincoln National Corp), Revolving Credit Agreement (Equitable Holdings, Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 23 contracts

Samples: Credit Agreement (Rockwell Automation Inc), Assignment and Assumption Agreement (Rockwell Automation Inc), Credit Agreement (Rockwell Automation Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 15 contracts

Samples: Bridge Loan Agreement (Tyco International LTD /Ber/), Credit Agreement (Union Texas Petroleum Holdings Inc), Credit Agreement (Tyco International LTD /Ber/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 10 contracts

Samples: Credit Agreement (Nick Acquisition Corp), Credit Agreement (Harcourt General Inc), Credit Agreement (Overseas Shipholding Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 10 contracts

Samples: Credit Agreement (Gillette Co), Credit Agreement (Thomas & Betts Corp), Agreement (Trigon Healthcare Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 10 contracts

Samples: Credit Agreement (Unova Inc), Credit Agreement (Aes Corporation), Credit Agreement (Western Atlas Inc)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes hereunder as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto. Neither Agent nor any of its Affiliates, directors, officers, attorneys or employees shall be liable for any action taken or omitted to be taken by it or them hereunder or in connection herewith, except for its or their own gross negligence or willful misconduct.

Appears in 9 contracts

Samples: Credit Agreement (Nordson Corp), Credit Agreement (Nordson Corp), Credit Agreement (Nordson Corp)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes hereunder as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto. Neither Agent nor any of its affiliates, directors, officers, attorneys or employees shall be liable for any action taken or omitted to be taken by it or them hereunder or in connection herewith, except for its or their own gross negligence or willful misconduct.

Appears in 9 contracts

Samples: Credit Agreement (Davey Tree Expert Co), Credit Agreement (Davey Tree Expert Co), Assignment and Acceptance Agreement (Standard Register Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Notes, if any, as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 8 contracts

Samples: Credit Agreement (Target Corp), Credit Agreement (Target Corp), Credit Agreement (Target Corp)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes hereunder as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto. Neither Agent nor any of its directors, officers, attorneys or employees shall be liable for any action taken or omitted to be taken by it or them hereunder or in connection herewith, except for its or their own gross negligence or willful misconduct.

Appears in 7 contracts

Samples: Credit Agreement (Amcast Industrial Corp), Assignment and Acceptance Agreement (Steris Corp), Credit Agreement (Timken Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 7 contracts

Samples: Credit Agreement (Ingersoll-Rand PLC), Credit Agreement (Ingersoll Rand Co LTD), Credit Agreement (Ingersoll Rand Co LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 5 contracts

Samples: Credit Agreement (Elizabeth Arden Inc), Credit Agreement (Footstar Inc), Credit Agreement (Footstar Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 5 contracts

Samples: Agreement (Universal City Development Partners LTD), Credit Agreement (Universal City Development Partners LTD), Credit Agreement (Universal City Development Partners LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Any reference to an agent for the Banks in, or in connection with, any Loan Document shall be a reference to the Agent.

Appears in 4 contracts

Samples: Credit Agreement (Blackrock Floating Rate Income Trust), Credit Agreement (Invesco High Income Trust II), Credit Agreement (Blackrock Debt Strategies Fund, Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 4 contracts

Samples: Credit Agreement (Aetna Inc), Bridge Credit Agreement (Aetna U S Healthcare Inc), Credit Agreement (Aetna U S Healthcare Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as its agent on its behalf and to exercise such powers under this Agreement the Loan Documents and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Ck Witco Corp), Credit Agreement (Ck Witco Corp), Credit Agreement (Ck Witco Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers and perform such duties under this Agreement and the Notes Financing Documents as are expressly delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (CNF Inc), Credit Agreement (CNF Inc), Bridge Credit Agreement (Con-Way Inc.)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its such Bank's behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Aramark Corp), Credit and Guaranty Agreement (Aramark Corp), Credit and Guaranty Agreement (Aramark Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Rite Aid Corp), Credit Agreement (Universal Health Services Inc), Assignment and Assumption Agreement (Venator Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto; provided, however, that the Agent shall not commence any legal action or proceeding before a court of law on behalf of any Bank without such Bank's prior written consent.

Appears in 3 contracts

Samples: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc), Revolving Credit Agreement (Martin Marietta Materials Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Meadwestvaco Corp), Credit Agreement (Meadwestvaco Corp), Credit Agreement (Hilton Hotels Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent and the Lead Arrangers to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent or the Lead Arrangers by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Venator Group Inc), Credit Agreement (Venator Group Inc), Security Agreement (Venator Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as administrative agent on its behalf and to exercise such powers under this Agreement and the Notes Loans as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Chubb Corp), Credit Agreement (Chubb Corp), Credit Agreement (Chubb Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each of the Agent and the Security Agent, each being referred to as an "Agent" for purposes of this Article, to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Pathology Building Partnership), Credit Agreement (Corning Clinical Laboratories Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Senior Credit Agreement (Orbital Sciences Corp /De/), Credit and Reimbursement Agreement (Orbital Sciences Corp /De/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each Agent to enter into and act as its agent in connection with the Agent Collateral Documents and to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (United Auto Group Inc), Credit Agreement (Iomega Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.. Section 7.02

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Target Corp), Assignment and Assumption Agreement (Target Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Hancock John Financial Services Inc), Credit Agreement (Hancock John Financial Services Inc)

Appointment and Authorization. Each Bank hereby irrevocably appoints appoints, designates and authorizes the Agent to take such action as agent on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers under this Agreement and the Notes perform such duties as are expressly delegated to the Agent it by the terms hereof of this Agreement or thereof, together with all such powers as are reasonably incidental thereto.any other Loan Document,

Appears in 2 contracts

Samples: Revolving Credit Agreement (Deluxe Corp), Day Revolving Credit Agreement (Deluxe Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and Agreement, the Notes and each other Loan Document as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Revolving Credit Agreement (American Mobile Satellite Corp), Term Credit Agreement (American Mobile Satellite Corp)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. The Agent shall not have a fiduciary relationship in respect of any Bank by reason of this Agreement.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Arco Chemical Co), Credit Agreement (Arco Chemical Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto; provided, however, that the Agent shall not commence any legal action or proceeding before a court of law on behalf of any Bank without such Bank's prior consent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Martin Marietta Materials Inc), Revolving Credit Agreement (Martin Marietta Materials Inc)

Appointment and Authorization. Each Bank of the Banks irrevocably appoints the Agent as its agent and authorizes the Agent to take such action as agent actions on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such actions and powers as are reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Masco Corp /De/), Credit Agreement (Masco Corp /De/)

Appointment and Authorization. Each Bank irrevocably appoints ----------------------------- and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Limited Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. SECTION 7.02.

Appears in 1 contract

Samples: Credit Agreement (Westvaco Corp)

Appointment and Authorization. Each Bank of the Banks hereby appoints (i) BankBoston to serve as Agent, Collateral Agent and Administrative Agent under this Agreement, and irrevocably appoints and authorizes the Agent to take such action as agent on its such Bank's behalf under this Agreement and to exercise such powers and to perform such duties under this Agreement and the Notes other documents and instruments executed and delivered in connection with the consummation of the transactions contemplated hereby as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Unicco Service Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Without limiting the generality of the foregoing, each Bank irrevocably authorizes the Agent to enter into the Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Coventry Corp)

Appointment and Authorization. Each Bank irrevocably appoints the ----------------------------- Agent Bank to act as its agent in connection herewith and authorizes the Agent Bank to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Related Documents as are delegated to the Agent Bank by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Overhead Door Corp /In/)

Appointment and Authorization. Each Bank irrevocably appoints the Agent to act as its agent in connection herewith and authorizes the Agent to take such action as agent on its such Bank's behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Louisiana Land & Exploration Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Administrative Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, and the Notes as are delegated to the such Administrative Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Betzdearborn Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Transaction Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are may be reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Shaw Group Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this the Financing Documents and Collateral Agency and Intercreditor Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Each Bank hereby accepts and agrees to the terms of the Collateral Agency and Intercreditor Agreement.

Appears in 1 contract

Samples: Credit Agreement (United Asset Management Corp)

Appointment and Authorization. (a) Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.thereto PROVIDED that no duties or responsibilities not expressly assumed herein or therein shall be implied to have been assumed by the Agent;

Appears in 1 contract

Samples: Credit Agreement (Cabot Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action (including without limitation entering into the Security and Pledge Agreement) as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Qwest Communications International Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent it by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Polaroid Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.. 27009/144/CA/ca

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Quaker State Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. SECTION 7.02.

Appears in 1 contract

Samples: 000 Credit Agreement (Blount International Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Without limiting the generality of the foregoing, each Bank irrevocably authorizes the Agent to enter into the Amended and Restated Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Coventry Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.are

Appears in 1 contract

Samples: Credit Agreement (Amb Property Corp)

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Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (Security Capital Atlantic Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as its agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Witco Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to enter into and act as its agent in connection with the Collateral Documents and to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Agent by 68 the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Agreement (Dolco Packaging Corp /De/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. Section 7.02.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Acx Technologies Inc)

Appointment and Authorization. 7.1 Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Security Agreement (Holly Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto; provided, however, that the Agents shall not commence any legal action or proceeding before a court of law on behalf of any Bank without such Bank’s prior consent.

Appears in 1 contract

Samples: Credit Agreement (Lockheed Martin Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the such 50 56 Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Orbital Sciences Corp /De/)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to act on behalf of such Bank to the extent provided herein or in any of the Credit Documents or any other document or instrument delivered hereunder or in connection herewith, and to take such other action as agent on its behalf and may be reasonably incidental thereto as determined by Agent. The Banks agree that Borrower shall be entitled to exercise such powers under this Agreement and the Notes as are delegated rely upon any communications to them by the Agent by with respect to any request or notice from, decision or consent of, the terms hereof or thereof, together with all such powers as are reasonably incidental theretoBanks.

Appears in 1 contract

Samples: Credit Agreement (Three Five Systems Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Financing Documents as are delegated to the Agent by the terms hereof or and thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Reimbursement Agreement (Ace LTD)

Appointment and Authorization. (a) Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes, the Security Documents and the Notes Letters of Credit as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Covenant Transport Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent and the Co-Lead Arrangers to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the Administrative Agent or the Co-Lead Arrangers by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Foot Locker Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or and thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes, the Reimbursement Agreements and the Notes other transaction documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Shoe Carnival Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. SECTION 7.02.

Appears in 1 contract

Samples: 000 Credit Agreement (CNF Transportation Inc)

Appointment and Authorization. (a) Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental theretothereto provided that no duties or responsibilities not expressly assumed herein or therein shall be implied to have been assumed by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Cabot Corp)

Appointment and Authorization. Each Bank ----------------------------- irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Unumprovident Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Financing Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.are

Appears in 1 contract

Samples: First Amendment Agreement (Union Texas Petroleum Holdings Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes Security Agreements as are delegated to the Agent by the terms hereof or thereof, thereof together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Gt Interactive Software Corp

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, thereof together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Gt Interactive Software Corp)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes hereunder as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.. Neither Agent nor any of its directors, officers, attorneys or employees shall be liable for any action taken or omitted to be taken by it or them

Appears in 1 contract

Samples: Standard Products Co

Appointment and Authorization. Each Bank hereby irrevocably appoints Xxxxxx Trust and Savings Bank its Agent under this Agreement and the other Loan Documents and hereby authorizes the Agent to take such action as agent Agent and on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Revolving Credit Agreement (World Acceptance Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.. 51

Appears in 1 contract

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Collateral Agent to take such action as agent on its behalf and to exercise such powers under this the Security Agreement and the Notes as are delegated to the Collateral Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Securities Pledge and Security Agreement (Tenet Healthcare Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes other Transaction Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (May & Speh Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each of the Agent, the Security Agent and the Issuing Banks (each being referred to as an "Agent" for purposes of this Article VII) to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes other Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Esco Electronics Corp)

Appointment and Authorization. Each Bank irrevocably hereby appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Mortgage Warehousing Loan and Security Agreement (American Home Mortgage Holdings Inc)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Letter of Credit as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Letter of Credit Agreement (Hancock John Financial Services Inc)

Appointment and Authorization. Each Bank irrevocably ----------------------------- appoints and authorizes the each Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Dean Witter Discover & Co)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as administrative agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Medium Term Credit Agreement (Chubb Corp)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes and the Notes Security Documents as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. The Agent may perform any of its duties hereunder by or through its agents or employees.

Appears in 1 contract

Samples: Credit Agreement (Precision Response Corp)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto. SECTION 7.2.

Appears in 1 contract

Samples: Credit Agreement (Central Power & Light Co /Tx/)

Appointment and Authorization. Each Bank hereby irrevocably appoints and authorizes the Agent to take such action action, as agent on its behalf and to exercise such powers under this Agreement and the Notes hereunder as are delegated to the Agent by the terms hereof or thereofhereof, together with all such powers as are reasonably incidental thereto. Neither Agent nor any of its directors, officers, attorneys or employees shall be liable for any action taken or omitted to be taken by it or them hereunder or in connection herewith, except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Export Credit Agreement (Advanced Lighting Technologies Inc)

Appointment and Authorization. Each Bank irrevocably appoints and authorizes each Agent and the Security Agent to enter into and act as its agent in connection with the Collateral Documents and to take such action as agent on its behalf and to exercise such powers under this Agreement and the Notes Loan Documents as are delegated to the such Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.

Appears in 1 contract

Samples: Agreement (Iomega Corp)

Appointment and Authorization. (a) Each Bank irrevocably appoints and authorizes the Agent to take such action as agent Agent on its behalf and to exercise such powers under this Agreement Agreement, the Notes, the Acceptances and the Notes Letters of Credit as are delegated to the Agent by the terms hereof or thereof, together with all such powers as are reasonably incidental thereto.. For purposes of this /section/9, the term "

Appears in 1 contract

Samples: Credit Agreement (Newtech Corp)

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