Appointment and Authority. Each of the [[Organization A:Organization]] (on behalf of itself and each of its Affiliates) hereby irrevocably appoints CoBank to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X are solely for the benefit of the Administrative Agent and the [[Organization A:Organization]], and the Borrower shall not have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Appointment and Authority. Each of the [[Organization A:Organization]] (on behalf of itself and each of its Affiliates)the Issuing Banks hereby irrevocably appoints CoBank to act on its behalfthe entity named as the Administrative Agent hereunderin the heading of this Agreement and its successors to serve as administrative agent under the other Loan DocumentsDocuments, and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,of the Loan Documents, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X[Article VIII] are solely for the benefit of the Administrative Agent andAgent, the [[Organization A:Organization]], and the Issuing Banks, and except as set forth in the sixth, seventh, eighth and eleventh paragraphs of this Article, neither the Borrower nor any other Loan Party shall not have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent“agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Appointment and Authority. Each of the [[Organization A:B:Organization]] (on behalf of itself and each of its Affiliates) hereby irrevocably appoints CoBank[[Administrative Agent:Organization]] to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X(other than Sections 9.06 and 9.09(b)) are solely for the benefit of the Administrative Agent and the [[Organization A:B:Organization]], and the Borrowerno Loan Party shall not have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the useEach of the term agent herein or in any other Loan Documents (or any other similar term) with reference toSecured Parties hereby acknowledges and confirms their agreement that the Administrative Agent is not intendedsubject to connote any fiduciary or other implied (or express) obligations arising under agency doctrinecertain Security Documents as agent for and on behalf of any[[Organization B:Organization]] on the terms and conditions set forth in the applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.Security Documents.
Section # Appointment and Authority. Each of the [[Organization A:Organization]] (on behalf of itself and each of its Affiliates)Lenders hereby irrevocably appoints CoBank[[Administrative Agent:Organization]] to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X are solely for the benefit of the Administrative Agent and the [[Organization A:Organization]],Lenders, and neither the BorrowerCompany nor any other Loan Party shall not have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent“agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law.Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Appointment and Authority. Each of the [[Organization A:Lenders:Organization]] (on behalf of itself and each of its Affiliates)the Issuing Banks hereby irrevocably appoints CoBank[[Administrative Agent:Organization]] (or any successor appointed pursuant hereto) to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalfbehalf, including execution of the other Loan Documents, and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,of the Loan Documents, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X are solely for the benefit of the Administrative AgentAgent, the and the [[Organization A:Organization]]Issuing Banks (except as expressly set forth in this Article 8 with respect to consultation rights in connection with the appointment of a successor Administrative Agent), and neither the Borrower nor any other Loan Party shall not have rights as a third third-party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Appointment and Authority. Each of the [[Organization A:Organization]] (on behalf of itself and each of its Affiliates) hereby irrevocably appoints CoBank to act on its behalf as the Administrative Agent hereunder and under the other Loan Documentsas its agent and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,hereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X are solely for the benefit ofbank serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the [[Organization A:Borrower:Organization]], and the Borrower shall or any Subsidiary or other Affiliate thereof as if it were not have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.hereunder.
AppointmentSection # Authorization and Authority. Each of the [[Organization A:Organization]] (on behalf of itself and each of its Affiliates)Lenders hereby irrevocably appoints CoBankthe Administrative Agent to act on its behalf as the Administrative Agentadministrative agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X[Article VII] are solely for the benefit of the Administrative Agent and the Lenders, and the [[Organization A:Organization]], and the Borrower shall not have rights as a third third-party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent“agent” herein or in any other Loan DocumentsDocument (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Appointment and Authority.Authority Each of the [[Organization A:Organization]] (on behalf of itselfLenders and each of its Affiliates)the L/C Issuer hereby irrevocably appoints CoBank[[Administrative Agent:Organization]] to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X are solely for the benefit of the Administrative AgentAgent, the Lenders and the [[Organization A:Organization]],L/C Issuer, and theneither any Borrower nor any other Loan Party shall not have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent“agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law.Applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
AppointmentSECTION # Authorization and Authority. Each of the [[Organization A:Organization]] (on behalf of itself and each of its Affiliates)Lenders hereby irrevocably appoints CoBankthe Administrative Agent to act on its behalf as the Administrative Agentadministrative agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article X[Article VII] are solely for the benefit of the Administrative Agent and the Lenders, and the [[Organization A:Organization]], and the Borrower shall not have rights as a third third‑party beneficiary of any of such provisions. It is understood and agreed that the use of the term agent“agent” herein or in any other Loan DocumentsDocument (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Section # Appointment and Authority. Each of the Administrative Agent. Each [[Organization A:C:Organization]] (on behalf of itself and each of its Affiliates)Issuing Bank hereby irrevocably designates and appoints CoBank to act on its behalf[[Organization B:Organization]] as the Administrative Agent hereunder and under the other Loan DocumentsDocuments, and each [[Organization C:Organization]] and each Issuing Bank hereby authorizes [[Organization B:Organization]] to act as the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent byin accordance with the terms hereof or thereof, together withand the other Loan Documents. Each Agent hereby agrees to act in its capacity as such actionsupon the express conditions contained herein and powersthe other Loan Documents, as are reasonably incidental thereto.applicable. The provisions of this Article X8 are solely for the benefit of the Administrative AgentAgents and the [[Organization A:Organization]],Lenders and the Borrowerno Loan Party shall not have any rights as a third party beneficiary of any of such provisions. It is understoodthe provisions thereof (except as expressly set forth in [Section 8.07]). In performing its functions and agreed thatduties hereunder, each Agent shall act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed, and the use of the term agent (or any similar term) herein or in any other Loan Documents (oris not intended to connote, any other similar term)obligation towards or relationship of agency or trust with referenceor for Borrower or any of its Subsidiaries. As of the Effective Date, no Arranger in such capacity shall have any obligations but shall be entitled to all benefits of this Article 8. Each Arranger may resign from such role at any time, with immediate effect, by giving prior written notice thereof to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.the Borrower.
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