Agents and Attorneys-in-Fact Clause Samples
The "Agents and Attorneys-in-Fact" clause defines the authority granted to individuals or entities to act on behalf of a party in legal or business matters. This clause typically specifies the scope of powers given, such as signing documents, making decisions, or representing the party in negotiations, and may outline any limitations or requirements for such representation. Its core function is to formally delegate authority, ensuring that actions taken by agents or attorneys-in-fact are legally recognized and binding, thereby facilitating efficient management of affairs and reducing ambiguity about who can act for the principal.
Agents and Attorneys-in-Fact. The Collateral Agent may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Administrative Agent may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Secured Parties may employ agents and attorneys in fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys in fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Secured Party may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Lender may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Administrative Agent may employ agents and attorneys in fact in connection herewith and except for gross negligence or willful misconduct shall not be responsible for the negligence or misconduct of any such agents or attorneys in fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Collateral Agent may execute any of its duties under the Security Instruments or this Agreement by or through its agents or attorneys-in-fact.
Agents and Attorneys-in-Fact. The Canadian Administrative Agent may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.
Agents and Attorneys-in-Fact. The Security Agent may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with due care; provided that the foregoing shall not constitute the waiver of any rights against any such agent or attorney-in-fact.