Common use of Designation of Lead Borrower as Borrowers’ Agent Clause in Contracts

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 L/C Credit Extensions, 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 each Credit Party on account of L/C Credit Extensions so made as if made directly by the applicable Credit Party to such Borrower, notwithstanding the manner by which such L/C Credit Extensions are recorded on the books and records of the Lead Borrower and of any other Borrower. In addition, each Loan Party other than the Borrowers hereby irrevocably designates and appoints the Lead Borrower as such Loan Party’s agent to represent such Loan Party in all respects under this Agreement and the other Loan Documents.

Designation of Lead Borrower as Borrowers’ Agent. (a) Each Borrower Loan Party hereby irrevocably designates and appoints the Lead Borrower as such BorrowerLoan Party’s agent to obtain L/C Credit Extensions, the proceeds of which shall be available to each Borrower for represent such uses as are permitted Loan Party in all respects under this AgreementAgreement and the other Loan Documents. As the disclosed principal for its agent, each Borrower shall be obligated to each Credit Party of Administrative Agent and each Lender on account of L/C Credit Extensions Term Loans and Permitted Administrative Agent Advances so made as if made directly by the Administrative Agent and/or applicable Credit Party Lender to such Borrower, notwithstanding the manner by which such L/C Credit Extensions credit extensions are recorded on the books and records of the Lead Borrower and of any other Borrower. In addition, each Loan Party other than the Borrowers hereby irrevocably designates and appoints the Lead Borrower as such Loan Party’s agent to represent such Loan Party in all respects under this Agreement and the other Loan Documents.

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 L/C Credit Extensions, 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 each Credit Party on account of L/C Credit Extensions so made as if made directly by the applicable Credit Party to such Borrower, notwithstanding the manner by which such L/C Credit Extensions are recorded on the books and records of the Lead Borrower and of any other Borrower. In addition, each Loan Party other than the Borrowers Borrower hereby irrevocably designates and appoints the Lead Borrower as such Loan PartyBorrower’s agent to represent such Loan Party Borrower in all respects under this Agreement and the other Loan Documents.