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Common use of Acts of the Agents Clause in Contracts

Acts of the Agents. Each Agent shall have duties and discretion, and shall act as follows:

Appears in 13 contracts

Sources: Credit Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)

Acts of the Agents. Each Agent shall have duties and reasonable discretion, and shall act as follows:

Appears in 8 contracts

Sources: Loan Agreement (Gulfmark Offshore Inc), Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A), Credit Facility Agreement (Top Ships Inc.)

Related Clauses

  • Rights of the Agent
  • Certain Rights of the Agents
  • Duties of the Agent
  • AMOUNTS AND TERMS OF THE ADVANCES AND THE LETTERS OF CREDIT
  • Certain Rights of the Administrative Agent

Parent Clauses

  • The Agents
  • Administrative Agent and Security Trustee
  • Insurance
  • Change Fiscal Year
  • Issuance of Shares

Sub-Clauses

  • Discretion of the Agents
  • Obligations of the Agents
  • No Duty to Investigate
  • Instructions of Majority Lenders
  • Power of Attorney
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