Administrative Party definition

Administrative Party means an Arranger or the Facility Agent.

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Administrative Party means a Mandated Lead Arranger or the Facility Agent.

Administrative Party means the Arrangers or the Facility Agent. Affiliate means a Subsidiary or a Holding Company of a person or any other Subsidiary of that Holding Company.

Examples of Administrative Party in a sentence

• Except as specifically provided in a Finance Document, nothing in the Finance Documents makes an Administrative Party a trustee or fiduciary for any other Party or any other person.

• Each Administrative Party may refrain from doing anything (including disclosing any information) which might, in its opinion, constitute a breach of any law or regulation or be otherwise actionable at the suit of any person, and may do anything which, in its opinion, is necessary or desirable to comply with any law or regulation.

• No Administrative Party need hold in trust any moneys paid to it for a Party or be liable to account for interest on those moneys.

• Any officer, employee or agent of an Administrative Party may rely on this Subclause and enforce its terms under the Contracts (Rights of Third Parties) ▇▇▇ ▇▇▇▇.

• Any Administrative Party may accept deposits from, lend money to and generally engage in any kind of banking or other business with any member of the Group.

More Definitions of Administrative Party

Administrative Party means each of the Agent, the Arranger and the Security Trustee.

Administrative Party means the Facility Agent or the Security Trustee.

Administrative Party means each of the Mandated Lead Arrangers, the Account Bank, the Facility Agent, the Security Agent and each of the Coordinating Banks.

Administrative Party means the Borrower Security Trustee, the Borrower Account Bank, the Issuer Account Bank, the Borrower Cash Manager, any Agent or any Facility Agent.

Administrative Party means any Mandated Lead Arranger and Bookrunner, any Lead Arranger and any Agent. Adviser means the Technical Adviser, the Insurance Adviser or any other adviser appointed under this Agreement. Affiliate means, in relation to any person, any other person that, directly or indirectly, controls, is controlled by or is under common control with such person; and for purposes of this definition, the term “control” (including the terms “controlling”, “controlled by” and “under common control with”) of a person shall mean the possession, direct or indirect, of the power to vote more than 50% of the securities having ordinary voting power for the election of directors (or persons performing similar functions) of such person or to direct or cause the direction of the management and policies of such person, whether through the ownership of such securities, by contract or otherwise.

Administrative Party means each of the Agent, the MLAB and the Security Agents.

Administrative Party means the Agent or the US Agent.