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

Sub-Agents and Related Parties. The Collateral Representative may perform any of its duties and exercise any of its rights and powers through one or more sub-agents appointed by it. The Collateral Representative and any such sub- agent may perform any of its duties and exercise any of its rights and powers through its Related Parties. The exculpatory provisions of Section 12 and this Section shall apply to any such sub-agent and to the Related Parties of the Collateral Representative and any such sub-agent.

Appears in 2 contracts

Sources: Note Purchase Agreement (Navisite Inc), Note Purchase Agreement (Cmgi Inc)

Sub-Agents and Related Parties. The Collateral Representative may perform any of its duties and exercise any of its rights and powers through one or more sub-agents appointed by it. The Collateral Representative and any such sub- sub-agent may perform any of its duties and exercise any of its rights and powers through its Related Parties. The exculpatory provisions of Section 12 and this Section shall apply to any such sub-agent and to the Related Parties of the Collateral Representative and any such sub-agent.

Appears in 1 contract

Sources: Guarantee and Security Agreement (Navisite Inc)