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Common use of Designation of Agent Clause in Contracts

Designation of Agent. Each Borrower hereby designates Caliper as the agent (the “Agent”) of each Borrower to discharge the duties and responsibilities of the Agent as provided herein.

Appears in 4 contracts

Sources: Loan and Security Agreement (Caliper Life Sciences Inc), Loan and Security Agreement (Caliper Life Sciences Inc), Loan and Security Agreement (Caliper Life Sciences Inc)

Related Clauses

  • Resignation of Agent
  • Resignation of Agents
  • Termination of Agent
  • Designation of Additional Agents
  • Designation of Servicer

Parent Clauses

  • Administrative and Compliance Matters
  • ACCOUNTING AND OTHER TERMS
  • Participating Employers
  • Obligations of Group
  • Loans

Sub-Clauses

  • Plans and Specifications
  • Construction
  • Receipt of Subordination
  • Construction Costs and Fees
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