Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such Borrower’s agent to obtain Loans and Letters of Credit, the proceeds of which shall be available to each Borrower for such uses as are permitted under this Agreement. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent and each Lender on account of Loans so made and Letters of Credit so issued as if made directly by the Lenders to such Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 11 contracts
Samples: Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s agent to obtain Loans and Letters of CreditCredit hereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementthose set forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 6 contracts
Samples: Credit Agreement (Genesco Inc), Credit Agreement (Wet Seal Inc), Credit Agreement (Gamestop Corp)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s agent to obtain Loans and Letters of CreditCredit hereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementset forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Trans World Entertainment Corp), Credit Agreement (Trans World Entertainment Corp)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s 's agent to obtain the Term Loans and Letters of Credithereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementthose set forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of the Term Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Term Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Term Loan Agreement (GameStop Corp.)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s agent to obtain Loans and Letters of Creditthe Term Loan, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementthose set forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of Loans the Term Loan so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are the Term Loan is recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Credit Agreement (Wet Seal Inc)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s 's agent to obtain Loans and request the issuance of Letters of CreditCredit and Loans, the proceeds of which shall be available to each Borrower for such the same uses as are permitted under this Agreementthose set forth in ss.7.10, above. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent and each Lender the Lenders on account of Loans so made and Letters of Credit so issued as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sunglass Hut International Inc)
Designation of Lead Borrower as Borrowers’ Agent. (ad) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s 's agent to obtain Loans and Letters of CreditCredit hereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementset forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Credit Agreement (Petsmart Inc)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s 's agent to obtain Loans and Letters of CreditCredit hereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementset forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Credit Agreement (Petsmart Inc)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such BorrowerXxxxxxxx’s agent to obtain Loans and Letters of Credit, the proceeds of which shall be available to each Borrower for such uses as are permitted under this Agreement. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent and each Lender on account of Loans so made and Letters of Credit so issued as if made directly by the Lenders to such Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Designation of Lead Borrower as Borrowers’ Agent. (a) 1. Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s 's agent to obtain Loans loans and Letters of advances under the Revolving Credit, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementset forth in Section. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent and each Revolving Credit Lender on account of Loans loans and advances so made and Letters of under the Revolving Credit so issued as if made directly by the Revolving Credit Lenders to such that Borrower, notwithstanding the manner by which such Loans loans and Letters of Credit advances are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: World of Science Inc
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s agent to obtain Loans and Letters of CreditCredit hereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementthose set forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent and each Lender on account of Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Credit Agreement (GameStop Corp.)
Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower hereby irrevocably designates and appoints the Lead Borrower as such that Borrower’s agent to obtain Loans and Letters of CreditCredit hereunder, the proceeds of which shall be available to each Borrower for such those uses as are permitted under this Agreementset forth herein. As the disclosed principal for its agent, each Borrower shall be obligated to the Administrative Agent Agents and each Lender on account of Loans so made and Letters of Credit so issued hereunder as if made directly by the Lenders to such that Borrower, notwithstanding the manner by which such Loans and Letters of Credit are recorded on the books and records of the Lead Borrower and of any other Borrower.
Appears in 1 contract
Samples: Credit Agreement (Petsmart Inc)