AFC Agent definition
Examples of AFC Agent in a sentence
Borrower, AFC Agent LLC, a Delaware limited liability company (“AFC”), as administrative agent for the Original Lenders (as defined below) (in such capacity, “Original Administrative Agent”), Agent, in its capacity as co-agent for the Original Lenders (in such capacity, “VRT Co-Agent” and together with the Original Administrative Agent, the “Original Agents” and each an “Original Agent”), AFC Gamma, Inc.
AFC Agent LLC, VRT AGENT LLC and their Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire Stock in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with any Loan Party or its Affiliates and any other Person party to any Loan Documents as though AFC Agent LLC or VRT Agent LLC were not Agents hereunder, and, in each case, without notice to or consent of the other members of the Lender Group.
Each of the Parties hereby acknowledge that, pursuant to the Option Agreement as modified by the Assignment and Direction, the AFC Lenders and AFC Agent or any of their respective Affiliates (individually or collectively as context may require, “AFC”) are required to assign their Loans to 1106 upon the exercise of the Option (as defined in the Option Agreement).