APPOINTMENT. The Company and the Operating Partnership hereby appoint the Advisor to serve as their investment adviser on the terms and conditions set forth in this Agreement, and the Advisor hereby accepts such appointment. By accepting such appointment, the Advisor acknowledges that it has a contractual and fiduciary responsibility to the Company and the Stockholders. Except as otherwise provided in this Agreement, the Advisor hereby agrees to use its commercially reasonable efforts to perform the duties set forth herein, provided that the Company reimburses the Advisor for costs and expenses in accordance with [Section 12].
Appointment. Holder irrevocably authorizes the Company to deposit with you any certificates evidencing Shares (as defined in the Agreement) to be held by you hereunder and any additions and substitutions to said Shares. For purposes of these Joint Escrow Instructions, Shares shall be deemed to include any additional or substitute property. Holder does hereby irrevocably constitute and appoint you as his or her attorney-in-fact and agent for the term of this escrow to execute with respect to such Shares all documents necessary or appropriate to make such Shares negotiable and to complete any transaction herein contemplated. Subject to the provisions of this [Section 1] and the terms of the Agreement, Holder shall exercise all rights and privileges of a stockholder of the Company while the Shares are held by you.
Each Lender hereby irrevocably designates and appoints the Administrative Agent as the agent of such Lender under this Agreement and the other Loan Documents and irrevocably authorizes the Administrative Agent, in such capacity, to take such action 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 expressly delegated to the Administrative Agent by the terms of this Agreement and the other Loan Documents, together with such other powers as are reasonably incidental thereto. The provisions of this [Section 12] (other than [Section 12.1(c)] with respect to the Joint Lead Arrangers and the Joint Bookrunners and [Section 12.9] with respect to the Borrower) are solely for the benefit of the Agents and the Lenders, and the Borrower shall not have rights as third party beneficiary of any such provision. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative Agent shall not have any duties or responsibilities, except those expressly set forth herein and in the other Loan Documents, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the Administrative Agent. In performing its functions and duties hereunder, each Agent shall act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed any obligation towards or relationship of agency or trust with or for the Borrower or any of its Subsidiaries.
Appointment. Each of the and the L/C Issuer hereby irrevocably appoints, designates and authorizes SVB to act on its behalf as the hereunder and under the other Loan Documents and authorizes the to take such actions on its behalf and to exercise such powers as are delegated to the by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the , the and the L/C Issuer, and neither the nor any other shall 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 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 as Agent; Power of Attorney. Subject to the terms of this [Section 3.1], Provider appoints Manager, for the Term of this Agreement and to the extent necessary beyond
. Each Party hereby appoints the to act as its exclusive agent for all purposes under this Agreement and the other Loan Documents (including, without limitation, with respect to all matters related to the borrowing and repayment of loans as described in Articles II and III hereof). Each Party (in such capacity) acknowledges and agrees that # the may execute such documents on behalf of all the Parties as the deems appropriate in its sole discretion and each Party (in such capacity) shall be bound by and obligated by all of the terms of any such document executed by the on its behalf, # any notice or other communication delivered by the or any hereunder to the shall be deemed to have been delivered to each Party and # the and each of the Lenders shall accept (and shall be permitted to rely on) any document or agreement executed by the on behalf of the Parties (or any of them). Except as noted herein with respect to requests for advances of Loans or the making of payments, the Parties must act through the for all purposes under this Agreement and the other Loan Documents. Notwithstanding anything contained herein (except as noted herein with respect to requests for advances of Loans or the making of payments), to the extent any provision in this Agreement requires any Party to interact in any manner with the or the Lenders (other than through such Party’s execution and delivery of certain documents, agreements or instruments), such Party shall do so through the .
Appointment of Aegis as Agent; Limitations on Rights of Agent. Each -District Creditor and each 2024 Note Creditor hereby irrevocably appoints, designates and authorizes Aegis, as its Agent to # take (or determine not to take) any of the actions described in [Section 4(a)] on such Pari Passu Creditor’s behalf with respect to such Pari Passu Creditor’s share of the Pari Passu Debt and # to exercise such powers and perform such duties as are permitted by the terms of this Agreement, together with such powers as are reasonably incidental thereto, in each case subject to and in accordance with the provisions of this [Section 4]; provided, notwithstanding anything to the contrary set forth in this Agreement, that without the prior written consent of the affected Pari Passu Creditors, neither Agent nor any agent, employee or attorney-in-fact of Agent acting on behalf of Agent in executing any of the rights granted to Agent as Agent under this [Section 4] shall be permitted to # amend or modify any term or provision of any of the -District Note Documents or the 2024 Note Documents; # exercise any right under any provision of any A&R -District Note to convert the principal and/or accrued and unpaid interest under such A&R -District Note into shares of ’s common stock; # release any liability or obligations of any Obligor owing to any Pari Passu Creditor under the Pari Passu Note Documents unless such release is effected in connection with an Enforcement Action brought by Agent in accordance with this [Section 4] pursuant to which all of the Pari Passu Debt is Paid in Full prior to such release; # subject to [Section 7], release any Lien or other security interest in the Collateral granted to the Pari Passu Creditors or any of them under the Pari Passu Note Documents or hereunder unless such release is effected in connection with an Enforcement Action brought by Agent in accordance with this [Section 4] pursuant to which all of the Pari Passu Debt is Paid in Full prior to such release; or # change the ranking or priority of the Pari Passu Debt; provided further, that # in taking (or determining not to take) any action described in [Section 4(a)] on behalf of Pari Passu Creditors with respect to their respective share of the Pari Passu Debt and # in exercising and/or performing any powers or duties in its capacity as Agent on behalf of the Pari Passu Creditors with respect to their share of the Pari Passu Debt under this [Section 4], Agent shall do so in good faith and otherwise in accordance with the terms of this Agreement.
Appointment and Cooperation. With respect to all of the rights and activities of Spero set forth in this [Section 5], Northern hereby appoints Spero as its agent for such purposes with the authority to act on Northerns behalf with respect to the Northern Patent Rights. Northern shall cooperate with Spero in the exercise of Speros authority granted herein, and shall execute such documents and take such additional action as Spero may request in connection therewith. The Parties shall promptly update [Exhibit C] to list all Northern Patent Rights (including Northern Improvement Patents).
Appointment of Committees. To the extent permitted by applicable law, the Board may delegate any or all of its powers under the Plan to one or more committees or subcommittees of the Board (a Committee). All references in the Plan to the Board shall mean the Board or a Committee of the Board or the officers referred to in [Section 3(c)] to the extent that the Boards powers or authority under the Plan have been delegated to such Committee or officers.
Appointment of Agents. Owners have appointed GPC as their agent for all purposes under this Agreement pursuant to the Ownership Agreement, with the power and authority to bind Owners to their obligations herein. All obligations required under this Agreement to be fulfilled by the Owners will be performed by or at the direction of GPC, as agent for the Owners. Copies of the Ownership Agreement have been provided to and received by Service Provider. Owners will not materially change (in terms of the effect of any change on the agent’s authority with respect to this Agreement) the agency authority granted to GPC (or a successor agent) under the Ownership Agreement without Service Provider’s prior written approval not to be unreasonably withheld. GPC, acting for itself and as agent for the other Owners, has appointed SNC as agent for the implementation and administration of this Agreement. SNC is the exclusive licensed operator of Vogtle Units 1 and 2 and is the licensed operator of the Facility having exclusive control over licensed activities at the Facility.
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