AGENTS AND GLOBAL COORDINATING LEAD ARRANGERS Sample Clauses

AGENTS AND GLOBAL COORDINATING LEAD ARRANGERS. 23.1 Appointment and duties of the Agents 23.1.1 Each of: (a) the Senior Secured Creditors appoints the Intercreditor Agent; (b) the Hotel Facility Lenders appoints the Hotel Facility Agent; and (c) the Project Facility Lenders appoints the Project Facility Agent, to act as its agent under and in connection with the Senior Finance Documents and irrevocably authorises it on its behalf to perform the duties and to exercise the rights, powers and discretions that are specifically delegated to it under or in connection with the Senior Finance Documents, together with any other incidental rights, powers and discretions. 23.1.2 None of the Agents may begin any legal action or proceeding in the name of a Senior Secured Creditor (other than itself) without that Senior Secured Creditor’s consent. 23.1.3 Each Agent has only those duties which are expressly specified in the Senior Finance Documents, and those duties are solely of a mechanical and administrative nature.
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AGENTS AND GLOBAL COORDINATING LEAD ARRANGERS. 23.1 Appointment and duties of the Agents 23.1.1 Each of: (a) the Senior Secured Creditors appoints the Intercreditor Agent; (b) the Hotel Facility Lenders appoints the Hotel Facility Agent; (c) the Project Facility Lenders appoints the Project Facility Agent; (d) the Revolving Credit Facility Lenders appoints the Revolving Credit Facility Agent; and (e) the Additional Lenders appoints the Additional Lender Agent, to act as its agent under and in connection with the Senior Finance Documents and irrevocably authorises it on its behalf to perform the duties and to exercise the rights, powers and discretions that are specifically delegated to it under or in connection with the Senior Finance Documents, together with any other incidental rights, powers and discretions. 23.1.2 None of the Agents may begin any legal action or proceeding in the name of a Senior Secured Creditor (other than itself) without that Senior Secured Creditor’s consent. 23.1.3 Each Agent has only those duties which are expressly specified in the Senior Finance Documents, and those duties are solely of a mechanical and administrative nature.
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Related to AGENTS AND GLOBAL COORDINATING LEAD ARRANGERS

  • Arrangers Any Affiliate of an Arranger may provide the services of an Arranger for the transactions contemplated hereunder.

  • Arranger KeyBanc Capital Markets or any successors thereto. Assignment and Acceptance Agreement. See §18.1.

  • Other Agents; Arrangers and Managers None of the Lenders or other Persons identified on the facing page or signature pages of this Agreement as a “syndication agent,” “documentation agent,” “co-agent,” “book manager,” “lead manager,” “arranger,” “lead arranger” or “co-arranger” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than, in the case of such Lenders, those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

  • Syndication Agent The Syndication Agent shall not have any duties or responsibilities hereunder in its capacity as such.

  • Administrative Agent and Affiliates The bank 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 Borrower or any Restricted Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.