Common use of Consent of Agent Clause in Contracts

Consent of Agent. The Agent hereby consents to the assignment of the Assigned Interests to the Assignee and the assumption of the Assumed Obligations by the Assignee and agrees to recognize the Assignee as a Lender under the Credit Agreement as fully as if the Assignee had been an original party to the Credit Agreement. The Agent agrees that the Assignor shall have no further liability or obligation in respect of the Assumed Obligations.

Appears in 3 contracts

Sources: Credit Agreement (Potash Corp of Saskatchewan Inc), Revolving Term Credit Facility (Potash Corp of Saskatchewan Inc), Credit Agreement (Potash Corp of Saskatchewan Inc)