Common use of Appointment of the Agents Clause in Contracts

Appointment of the Agents. Each of the Lenders appoints the Facility Agent and the Security Agent, in each case to act as its agent in connection with the Finance Documents and the Hermes Guarantee and authorises the Facility Agent and the Security Agent to exercise such rights, powers, authorities and discretions as are specifically delegated to such agent by the terms hereof and thereof together with all such rights, powers, authorities and discretions as are incidental thereto.

Appears in 2 contracts

Sources: Facility Agreement (First Solar, Inc.), Facility Agreement (First Solar, Inc.)