Administrative Agent Affiliate definition

Administrative Agent Affiliate means, with respect to Administrative Agent, each of the Persons that directly or indirectly, through one or more intermediaries, owns or controls, or is controlled by or under common control with, Administrative Agent. For purposes of this definition, “control” of a Person shall mean the possession, directly or indirectly, of the power to direct or cause the direction of its management or policies, whether through the ownership of voting interests, by contract or otherwise.
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Administrative Agent Affiliate as defined in Section 9.1(b).
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Examples of Administrative Agent Affiliate in a sentence

  • Neither Employer nor Administrative Agent can assign this Agreement without the other party’s written consent; such consent shall not be unreasonably withheld, provided however, Administrative Agent may assign this Agreement to any current or future Administrative Agent Affiliate without consent of Employer.

  • If the counterparty to a Hedging Contract is not Administrative Agent or an Administrative Agent Affiliate (a “Third-Party Hedge Provider”) such Third-Party Hedge Provider shall have a long term, unsecured and unsubordinated debt rating of at least A- by S&P and A3 by ▇▇▇▇▇’▇.

  • Neither Employer nor Administrative Agent can assign this Agreement without the other party’s written consent; such consent shall not be unreasonably withheld, provided, however, Administrative Agent may assign this Agreement to any current or future Administrative Agent Affiliate without consent of Employer.