Appointment and Authority definition

Appointment and Authority. (A) LC Provider hereby designates and appoints U.S. Bank National Association to act as Disbursing Agent and Collateral Agent for LC Provider under this Agreement, and U.S. Bank National Association hereby accepts such appointment subject to the terms hereof. LC Provider hereby irrevocably authorizes the Disbursing Agent and the Collateral Agent in such capacities, through their agents or employees, to take such actions on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are delegated to the Disbursing Agent and the Collateral Agent by the terms of this Agreement and the other Loan Documents, together with such actions and powers as are reasonably incidental thereto. Concurrently herewith, LC Provider directs the Disbursing Agent and the Collateral Agent, and the Disbursing Agent and the Collateral Agent are authorized, to enter into this Agreement and the other Loan Documents and any other related agreements in the forms presented to such Agent. For the avoidance of doubt, LC Provider agrees that it will be subject to and bound by the terms of this Agreement and the other Loan Documents. The provisions of this Section 8(b) are solely for the benefit of the Agents and LC Provider, and none of the Company or any of its Subsidiaries or Affiliates shall have rights as a third party beneficiary of any such provisions (other than with respect to the Company’s consent rights under Section 8(b)(v)).
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Examples of Appointment and Authority in a sentence

  • Appointment and Authority ...............................................................................

  • Section 9.01 Appointment and Authority 154 Section 9.02 Rights as a Lender 155 Section 9.03 Exculpatory Provisions 155 Section 9.04 Reliance by Administrative Agent 156 Section 9.05 Delegation of Duties 156 Section 9.06 Resignation of Administrative Agent 157 Section 9.07 Non-Reliance on Administrative Agent and Other Lenders 158 Section 9.08 No Other Duties, Etc.

  • No Subsidiaries 62 ARTICLE X - Events of Default and Remedies Section 10.1. Events of Default 62 Section 10.2. Remedies 65 Section 10.3. Application of Proceeds after Acceleration 65 ARTICLE XI - Administrative Agent Section 11.1. Appointment and Authority 65 Section 11.2. Exculpation, the Administrative Agent’s Reliance, Etc.

  • ADMINISTRATIVE AGENT 88 9.01 Appointment and Authority 88 9.02 Rights as a Lender 88 9.03 Exculpatory Provisions 89 9.04 Reliance by Administrative Agent 89 9.05 Delegation of Duties 90 9.06 Resignation or Removal of Administrative Agent 90 9.07 Non-Reliance on Administrative Agent and Other Lenders 91 9.08 No Other Duties, Etc 91 9.09 Administrative Agent May File Proofs of Claim 91 9.10 Collateral and Guaranty Matters 92 10.

  • Administrative Agent 101 Section 9.1. Appointment and Authority 101 Section 9.2. Rights as a Lender 101 Section 9.3. Action by Administrative Agent; Exculpatory Provisions 101 Section 9.4. Reliance by Administrative Agent 102 Section 9.5. Delegation of Duties 103 Section 9.6. Resignation of Administrative Agent 103 Section 9.7. Non‑Reliance on Administrative Agent and Other Lenders 104 Section 9.8. L/C Issuer and Swing Line Lender.

  • Appointment and Authority of Officers....................................12 23.

  • I have reviewed this annual report on Form 10-KSB of Nuclear Solutions, Inc.

  • THE AGENT 132142 13.1 Appointment and Authority 132142 13.2 Rights as a Lender 132142 13.3 Exculpatory Provisions 132142 13.4 Reliance by Agent 133143 13.5 Delegation of Duties 134143 13.6 Resignation of Agent 134144 13.7 Non-Reliance on Agent and Other Lenders 134144 13.8 No Other Duties, Etc.

  • Section 9.01 Appointment and Authority 149 Section 9.02 Rights as a Lender 150 Section 9.03 Exculpatory Provisions 150 Section 9.04 Reliance by Administrative Agent 151 Section 9.05 Delegation of Duties 151 Section 9.06 Resignation of Administrative Agent 151 Section 9.07 Non-Reliance on Administrative Agent and Other Lenders 152 Section 9.08 No Other Duties, Etc.

  • Section 9.01 Appointment and Authority 142145 Section 9.02 Rights as a Lender 142146 Section 9.03 Exculpatory Provisions 143146 Section 9.04 Reliance by Agents 144147 Section 9.05 Delegation of Duties 144147 Section 9.06 Indemnification of Agents 144147 Section 9.07 Resignation of Agents 145148 Section 9.08 Non-Reliance on Agents and Other Lenders 146149 Section 9.09 No Other Duties, etc.

Related to Appointment and Authority

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • Authorized Authority means, in relation to any Person, transaction or event, any (a) federal, provincial, municipal or local governmental body (whether administrative, legislative, executive or otherwise), both domestic and foreign, (b) agency, authority, commission, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government, (c) court, arbitrator, commission or body exercising judicial, quasi-judicial, administrative or similar functions, and (d) other body or entity created under the authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange, in each case having jurisdiction over such Person, transaction or event; and

  • designated authority means such authority as may be notified by the Commissioner;

  • Active Power has the meaning given to it in the Grid Code;

  • Corporate Authorities means the City Council of the City.

  • Appropriate Authority means any government or taxing authority.

  • Award Authority means the authority having the jurisdiction to award the Contract according to the City’s by-laws, policies or procedures;

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Reactive Power means the wattless component of the product of voltage and current, which the Facility shall provide to or absorb from the Grid System within the Technical Limits and which is measured in MVAR;

  • State authority means the hospital finance authority created by this act.

  • Authority means any governmental, regulatory or administrative body, agency or authority, any court or judicial authority, any arbitrator, or any public, private or industry regulatory authority, whether international, national, Federal, state, or local.

  • Private Authorizations means all franchises, permits, licenses, approvals, consents and other authorizations of all Persons (other than Governmental Authorities).

  • Applicable Authority means (a) with respect to SOFR, the SOFR Administrator or any Governmental Authority having jurisdiction over the Administrative Agent or the SOFR Administrator and (b) with respect to any Alternative Currency, the applicable administrator for the Relevant Rate for such Alternative Currency or any Governmental Authority having jurisdiction over the Administrative Agent or such administrator.