Common use of Sub-Agents and Related Parties Clause in Contracts

Sub-Agents and Related Parties. Each Agent may perform any and all its duties and exercise its rights and powers by or through one or more sub-agents appointed by it. Each Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers through their respective Related Parties. The exculpatory provisions of the preceding Sections of this Article shall apply to any such sub-agent and to the Related Parties of each Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 12 contracts

Sources: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)

Sub-Agents and Related Parties. Each The Agent may perform any and all of its duties and exercise any of its rights and powers by or through one or more sub-agents appointed by it. Each The Agent and any such sub-agent may perform any and all of its duties and exercise any of its rights and powers through their respective its Related Parties. The exculpatory provisions of the preceding Sections of Section 17 and this Article Section shall apply to any such sub-agent and to the Related Parties of each the Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 4 contracts

Sources: Abl Security Agreement, Abl Security Agreement (Tower Automotive, LLC), Abl Security Agreement (Tower Automotive, LLC)

Sub-Agents and Related Parties. Each The Agent may perform any and all of its duties and exercise any of its rights and powers by or through one or more sub-agents appointed by itit and shall not be responsible for the negligence of such sub-agents appointed with reasonable care. Each The Agent and any such sub-agent may perform any and all of its duties and exercise any of its rights and powers through their respective its Related Parties. The exculpatory provisions of the preceding Sections of Section 17 and this Article Section shall apply to any such sub-agent and to the Related Parties of each the Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 4 contracts

Sources: Term Loan Security Agreement (Tower International, Inc.), Revolving Credit Security Agreement (Tower International, Inc.), Abl Security Agreement (Tower International, Inc.)

Sub-Agents and Related Parties. Each The Agent may perform any and all of its duties and exercise any of its rights and powers by or through one or more sub-agents appointed by itit and shall not be responsible for the negligence of such sub-agents appointed with reasonable care. Each The Agent and any such sub-agent may perform any and all of its duties and exercise any of its rights and powers through their respective its Related Parties. The exculpatory provisions of the preceding Sections of ‎Section 17 and this Article Section shall apply to any such sub-agent and to the Related Parties of each the Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 2 contracts

Sources: Revolving Credit Security Agreement, Revolving Credit Security Agreement (Tower International, Inc.)

Sub-Agents and Related Parties. Each Agent may perform any and all its duties and exercise its rights and powers by or through one or more sub-agents appointed by it. Each Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers through their respective Related Parties. The exculpatory provisions of the preceding Sections of this Article shall apply to any such sub-agent and to the Related Parties of each Agent the Agents and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereundersuch Agent.

Appears in 1 contract

Sources: Credit Agreement (DealerTrack Holdings, Inc.)

Sub-Agents and Related Parties. Each The Agent may perform any and all of its duties and exercise any of its rights and powers by or through one or more sub-agents appointed by it. Each The Agent and any such sub-agent may perform any and all of its duties and exercise any of its rights and powers through their respective its Related Parties. The exculpatory provisions of the preceding Sections of Section 18 and this Article Section shall apply to any such sub-agent and to the Related Parties of each the Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 1 contract

Sources: Credit Agreement (Genworth Financial Inc)

Sub-Agents and Related Parties. Each Agent may perform any and all its duties and exercise its rights and powers by or through any one or more sub-agents appointed by it. Each Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers through their respective Related Parties. The exculpatory provisions of the preceding Sections of this Article shall apply to any such sub-agent and to the Related Parties of each the Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunderAgent.

Appears in 1 contract

Sources: Credit Agreement (Paradyne Networks Inc)

Sub-Agents and Related Parties. Each The Agent may perform any and all of its duties and exercise any of its rights and powers by or through one or more sub-agents appointed by it. Each The Agent and any such sub-agent may perform any and all of its duties and exercise any of its rights and powers through their respective its Related Parties. The exculpatory provisions of the preceding Sections of Section 12 and this Article Section shall apply to any such sub-agent and to the Related Parties of each the Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent hereunder.

Appears in 1 contract

Sources: Bridge Loan Agreement (Southern Union Co)