Definition of ABL Facility Administrative Agent


ABL Facility Administrative Agent means Royal Bank of Canada in its capacity as administrative agent and collateral agent under the ABL Agreement, or any successor administrative agent and collateral agent under the ABL Facility Credit Agreement.
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Examples of ABL Facility Administrative Agent in a sentence

The ABL Facility Administrative Agent shall hold or direct such distributions for the benefit of the holder of the Allowed ABL Claim, as applicable.
The ABL Facility Administrative Agent shall be deemed to be the holder of the ABL Claim, as applicable, for purposes of distributions to be made hereunder, and the Distribution Agent shall make all distributions on account of such Allowed ABL Claim to or on behalf of the ABL Facility Administrative Agent.
That certain Credit Agreement, dated August 14, 2006, as amended, supplemented, or modified from time to time, between Visteon Corporation and each subsidiary of Visteon Corporation party thereto, as borrowers, Ford Motor Company, as sole lender and swingline lender, and the ABL Facility Administrative Agent.
You hereby appoint Bank of America to act, and Bank of America hereby agrees to act, as sole and exclusive administrative agent for the ABL Facility (in such capacity, the ABL Facility Administrative Agent) and collateral agent for the ABL Facility (in such capacity, the ABL Facility Collateral Agent).
As used in this Agreement, the following terms have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): ABL Facility Administrative Agent means Royal Bank of Canada in its capacity as administrative agent and collateral agent under the ABL Facility Credit Agreement, or any successor administrative agent and collateral agent under the ABL Facility Credit Agreement.