ADMINISTRATIVE AGENT AND LENDERS Sample Clauses
The "Administrative Agent and Lenders" clause defines the roles, responsibilities, and relationships between the administrative agent and the lenders in a loan agreement. Typically, the administrative agent acts on behalf of all lenders to coordinate the administration of the loan, such as processing payments, distributing information, and enforcing loan terms. This clause clarifies the authority of the agent, the scope of its duties, and the limitations of its liability, ensuring that all parties understand how communications and actions will be managed. Its core function is to streamline the management of the loan and prevent confusion or disputes among multiple lenders and the borrower.
ADMINISTRATIVE AGENT AND LENDERS. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s or Lenders’ favor under or in connection with this Guaranty. Administrative Agent’s and each Lender’s Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor is it subject to any of its terms unless the Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s failure or refusal to comply with the provisions of such agreement.
ADMINISTRATIVE AGENT AND LENDERS. CITIZENS BANK OF PENNSYLVANIA, a Pennsylvania state chartered bank, as Administrative Agent, Swing Line Lender and Lender, on behalf of itself and the other Lender parties to this Agreement pursuant to an Authorization
ADMINISTRATIVE AGENT AND LENDERS. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent's or Lenders' favor under or in connection with this Guaranty. Administrative Agent's and each Lender's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, Guarantor is not required to inquire about any such agreement or is subject to any terms of it unless Guarantor specifically joins it.
ADMINISTRATIVE AGENT AND LENDERS. The Administrative Agent shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and the Administrative Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.
ADMINISTRATIVE AGENT AND LENDERS. Each bank serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not an Agent hereunder.
ADMINISTRATIVE AGENT AND LENDERS. BANK OF MONTREAL, as Administrative Agent and as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director
ADMINISTRATIVE AGENT AND LENDERS. ▇▇▇▇▇▇▇ ▇▇▇▇▇ CAPITAL, a division of ▇▇▇▇▇▇▇ ▇▇▇▇▇ Business Financial Services Inc., as Administrative Agent and as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: Vice President Second Amendment and Waiver to Credit Agreement CAPITAL FUND I, as a Lender By: FriedbergMilstein, LLC, its Investment Manager By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ III Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ III Title: Partner Second Amendment and Waiver to Credit Agreement MCG CAPITAL CORPORATION, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Second Amendment and Waiver to Credit Agreement RACE POINT CLO, LIMITED, as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President RACE POINT II CLO, LIMITED, as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President ▇▇▇▇▇ POINT CLO, LIMITED, as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President CASTLE HILL II-INGOTS, LTD. , as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President Second Amendment and Waiver to Credit Agreement CASTLE HILL III CLO, LTD. , as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President PROSPECT FUNDING I, LLC, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President HARBOUR TOWN FUNDING LLC, as a Lender By: /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: VICE PRESIDENT CASTLE HILL I — INGOTS, Ltd., as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President LOAN FUNDING XI LLC, as a Lender By: Sankaty Advisors, LLC, as Collateral Manager By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Vice President Second Amendment and Waiver to Credit Agreement MAPS CLO FUND I, LLC, as a Lender By: Its Collateral Manager, Callidus Capital Management, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Senior Managing Director Second Amendment and Waiver to Credit Agreement NEWSTAR CP FUNDING LLC, as a Lender By: NewStar Financial, Inc., its designated Manager By: Name: Title: Second Amendment and Waiver to Credit Agreement ▇▇▇▇▇▇ STRAITS CLO 2004, LTD. By GSO Capital Partners LP By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇....
ADMINISTRATIVE AGENT AND LENDERS. 40 16.1. Appointment, Powers, and Immunities............................40 16.2. Reliance by Administrative Agent...............................40 16.3. Employment of Agents and Counsel...............................40 16.4. Defaults.......................................................41 16.5. Rights as Lender...............................................41 16.6. Indemnification................................................41 16.7.
ADMINISTRATIVE AGENT AND LENDERS. TRUIST BANK, as the Administrative Agent and a Lender
ADMINISTRATIVE AGENT AND LENDERS. 45 16.1. Appointment, Powers, and Immunities................................................................45 16.2.