Common use of Appointment of Process Agent Clause in Contracts

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings of its appointment as agent for the service of process for each Loan Party, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (International Seaways, Inc.), Credit Agreement (Overseas Shipholding Group Inc)

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings International Seaways Ship Management LLC of its appointment as agent for the service of process for each Loan Party, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Sources: Revolving Credit Agreement (International Seaways, Inc.), Credit Agreement (International Seaways, Inc.)

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings the Co-Borrower of its appointment as agent for the service of process for each Loan Party, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (International Seaways, Inc.), Credit Agreement (International Seaways, Inc.)

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings the Process Agent of its appointment ​ as agent for the service of process for each Loan PartyParty and Security Provider, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Genco Shipping & Trading LTD)

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings the Process Agent of its appointment as agent for the service of process for each Loan PartyParty and Security Provider, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Genco Shipping & Trading LTD)

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings International Seaways Ship Management LLC of its appointment as agent for the service of process for each Loan PartyAcquisition Vessel Subsidiary Guarantor that is not an existing Subsidiary Guarantor, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (International Seaways, Inc.)

Appointment of Process Agent. The Administrative Agent shall have received a duly executed letter evidencing the acceptance by Holdings International Seaways Ship Management LLC of its appointment as agent for the service of process for each Loan PartyParty that is not a Loan Party immediately prior to the Second Amendment Effective Date, which acceptance shall be in form and substance reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (International Seaways, Inc.)