Common use of Right to Appoint Agent or Advisor Clause in Contracts

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 68 contracts

Sources: Pledge Agreement (Florida Power & Light Co), Pledge Agreement (Nextera Energy Inc), Pledge Agreement (Nextera Energy Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 15.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 42 contracts

Sources: Purchase Contract and Pledge Agreement (Spire Missouri Inc), Purchase Contract and Pledge Agreement (Spire Inc), Purchase Contract and Pledge Agreement (American Electric Power Co Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 9.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 35 contracts

Sources: Pledge Agreement (American Electric Power Co Inc), Pledge Agreement (American Electric Power Co Inc), Pledge Agreement (PPL Energy Supply LLC)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 9.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 20 contracts

Sources: Pledge Agreement (Public Service Co of New Mexico), Pledge Agreement (PNM Resources Inc), Collateral Agreement (Lehman Brothers Holdings Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 15 contracts

Sources: Pledge Agreement (Boise Cascade Corp), Pledge Agreement (Platinum Underwriters Holdings LTD), Pledge Agreement (Anthem Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken taken, suffered or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (which, for the purpose of this sentence, excludes legal counsel) pursuant to this Section 8.9 10.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 12 contracts

Sources: Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Us Bancorp \De\), Collateral Agreement (SunTrust Preferred Capital I)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, by such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 12 contracts

Sources: Pledge Agreement (Sunamerica Capital Trust Vi), Pledge Agreement (Seagram Co LTD), Pledge Agreement (CMS Energy Corp)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint or consult with agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 12 contracts

Sources: Pledge Agreement (El Paso Corp/De), Pledge Agreement (Temple Inland Inc), Pledge Agreement (El Paso Corp/De)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents or advisors pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 10 contracts

Sources: Pledge Agreement (Florida Power & Light Co), Pledge Agreement (Florida Power & Light Co), Pledge Agreement (Florida Power & Light Co)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 9.09 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 7 contracts

Sources: Pledge Agreement (Public Service Enterprise Group Inc), Pledge Agreement (Williams Companies Inc), Pledge Agreement (Cinergy Corp)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in conclusive reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 7 contracts

Sources: Purchase Contract and Pledge Agreement (Ugi Corp /Pa/), Purchase Contract and Pledge Agreement (Nisource Inc.), Purchase Contract and Pledge Agreement (Nisource Inc.)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors reasonably selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (Xl Capital LTD), Pledge Agreement (Xl Capital LTD), Pledge Agreement (Xl Capital LTD)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 9.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (PNM Resources Inc), Pledge Agreement (Marshall & Ilsley Corp/Wi/), Pledge Agreement (Supervalu Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Purchase Contract and Pledge Agreement (Anthem, Inc.), Pledge Agreement (Pmi Group Inc), Pledge Agreement (Pmi Group Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 9.09 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (Sempra Energy), Pledge Agreement (Apco Argentina Inc/New), Pledge Agreement (Hartford Financial Services Group Inc/De)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunderunder this Agreement, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents and advisors pursuant to this Section 8.9 9.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (New Nisource Inc), Pledge Agreement (Nisource Inc), Pledge Agreement (New Nisource Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 8.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (Oneok Inc /New/), Pledge Agreement (Oneok Inc /New/), Pledge Agreement (State Street Corp)

Right to Appoint Agent or Advisor. The Collateral Agent, Custodial Agent and Securities Intermediary each shall have the right to appoint agents or advisors in connection with any of its their respective duties hereunder, and the Collateral Agent, Custodial Agent and Securities Intermediary shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 9.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (American International Group Inc), Pledge Agreement (Metlife Inc), Pledge Agreement (Metlife Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 4 contracts

Sources: Pledge Agreement (Unumprovident Corp), Pledge Agreement (Unumprovident Corp), Pledge Agreement (Union Planters Corp)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken taken, suffered or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (which, for the purpose of this sentence, excludes legal counsel) pursuant to this Section 8.9 10.11 shall be subject to prior written consent of the CompanyCorporation, which consent shall not be unreasonably withheld.

Appears in 3 contracts

Sources: Collateral Agreement, Collateral Agreement (Bank of America Corp /De/), Collateral Agreement (Bank of America Corp /De/)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faithfaith and with due care. The appointment of agents pursuant to this Section 8.9 15.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 3 contracts

Sources: Purchase Contract and Pledge Agreement (South Jersey Industries Inc), Purchase Contract and Pledge Agreement (South Jersey Industries Inc), Purchase Contract and Pledge Agreement (Black Hills Corp /Sd/)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 SECTION 9.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Sources: Pledge Agreement (Citizens Communications Co), Pledge Agreement (Citizens Communications Co)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in conclusive reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 15.11 shall be subject to the prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Series a Purchase Contract and Pledge Agreement (Dominion Energy Inc /Va/)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to under this Section 8.9 9.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Dominion Resources Capital Trust Iv)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.good

Appears in 1 contract

Sources: Pledge Agreement (Conseco Financing Trust Vii)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors reasonably selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 8.09 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheldwithheld or delayed.

Appears in 1 contract

Sources: Pledge Agreement (Lazard LTD)

Right to Appoint Agent or Advisor. The Collateral Agent shall --------------------------------- have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Duke Energy Corp)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors reasonably selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 8.09 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Lazard Group Finance LLC)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors reasonably selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 7.09 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheldwithheld or delayed.

Appears in 1 contract

Sources: Pledge Agreement (Lazard LTD)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 8.09 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Kansas City Southern Industries Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Xl Capital LTD)

Right to Appoint Agent or Advisor. The Collateral Agent ---------------------------------------------- shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the opinion or advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Raytheon Co/)

Right to Appoint Agent or Advisor. The Collateral Agent ---------------------------------- shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Sprint Corp)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the opinion or advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the CompanyTECO, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Teco Energy Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint or consult with agents or advisors of its selection in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Berkshire Hathaway Inc)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faithfaith and with due care. The appointment of agents pursuant to this Section 8.9 15.11 shall be subject to prior written consent of the CompanyCorporation, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Purchase Contract and Pledge Agreement (Algonquin Power & Utilities Corp.)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors reasonably selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 7.09 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Lazard Group Finance LLC)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the opinion or advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Raytheon Co/)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (other than legal counsel) pursuant to this Section 8.9 9.10 for the performance of any duties that are not ---- ministerial in nature shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Partnerre LTD)

Right to Appoint Agent or Advisor. The Collateral --------------------------------- Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Duke Energy Corp)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in conclusive reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 15.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken taken, suffered or omitted by, or in reliance upon the advice of, such agents or advisors selected in good faith. The appointment of agents (which, for the purpose of this sentence, excludes legal counsel) pursuant to this Section 8.9 10.11 shall be subject to prior written consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Collateral Agreement (Wachovia Corp New)

Right to Appoint Agent or Advisor. The Collateral Agent shall have the --------------------------------- right to appoint agents or advisors in connection with any of its duties hereunder, and the Collateral Agent shall not be liable for any action taken or omitted by, or in reliance upon the advice of, by such agents or advisors selected in good faith. The appointment of agents pursuant to this Section 8.9 shall be subject to prior consent of the Company, which consent shall not be unreasonably withheld.

Appears in 1 contract

Sources: Pledge Agreement (Household International Inc)