Applicable Agent definition

Applicable Agent means (a) with respect to a Loan or Borrowing denominated in US Dollars or any Letter of Credit, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in any Alternative Currency, the London Agent.

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Applicable Agent means, with respect to all Tranche A Loans the Administrative Agent, with respect to all Tranche B Loans, the Canadian-Sub-Agent and with respect to all Tranche C Loans, the Australian Sub-Agent.

Applicable Agent means (a) the Administrative Agent in the case of Domestic Loans and Letters of Credit and (b) the Canadian Administrative Agent in the case of Canadian Loans and in connection with the Bankers’ Acceptance Facility.

Examples of Applicable Agent in a sentence

• The original Grantors will cause each Subsidiary of any Borrower that becomes a Grantor after the date hereof to contemporaneously become a party hereto (as a Guarantor Subsidiary) by executing and delivering a joinder agreement (in form and substance satisfactory to the Applicable Agent) to each First Lien Agent.

• As among the First Lien Claimholders, the Applicable Agent shall have the right, but not the obligation, to adjust or settle any insurance policy or claim covering or constituting Shared Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Shared Collateral.

• No Non-Controlling Agent or Non-Controlling Claimholder will contest, protest or object to any foreclosure proceeding or action brought by the Applicable Agent or the Controlling Claimholders or any other exercise by the Applicable Agent or the Controlling Claimholders of any rights and remedies relating to the Shared Collateral.

• To the extent any First Lien Agent or any other First Lien Claimholder receives proceeds of such insurance policy and such proceeds are not required to be returned to any Grantor under the applicable First Lien Documents, such proceeds shall be turned over to the Applicable Agent for application as provided in Section 2.1 hereof.

• Notwithstanding any other provision of this Agreement, the Applicable Agent shall not accept any Shared Collateral in full or partial satisfaction of any First Lien Obligations pursuant to Section 9-620 of the Uniform Commercial Code of any jurisdiction, without the consent of each First Lien Agent representing holders of First Lien Obligations for whom such Collateral constitutes Shared Collateral.

More Definitions of Applicable Agent

Applicable Agent means (i) the Applicable Senior Collateral Agent (or other analogous term) under the ABL Intercreditor Agreement or (ii) if at any time there is no ABL Intercreditor Agreement then in effect, the Administrative Agent.

Applicable Agent means (a) with respect to the Term/Notes Priority Collateral, the Applicable Second Lien Agent and (b) with respect to the RBL Priority Collateral, the Applicable First Lien Agent.

Applicable Agent means the Applicable First Lien Agent (or, if the First-Priority Lien Obligations Termination Date has occurred, the Agent).

Applicable Agent means with respect to Term Lenders and Term Loans and all payments and matters relating thereto, the Administrative Agent, and with respect to the Revolving Credit Facility, Revolving Lenders, Revolving Loans, Swing Line Loans and Letters of Credit and all payments and matters relating thereto, the Revolver Agent.

Applicable Agent means (i) prior to the Discharge of First Lien Obligations, the First Lien Designated Agent (as defined in the Intercreditor Agreement) and (ii) from and after the Discharge of First Lien Obligations, the Collateral Agent.

Applicable Agent means (a) with respect to a Loan, Borrowing or Letter of Credit denominated in US Dollars, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent, (b) with respect to a Eurocurrency or Fixed Rate Loan or Eurocurrency or Fixed Rate Borrowing denominated in any Designated Foreign Currency, the London Agent and (c) with respect to a TIBOR or Yen Base Rate Revolving Loan or Borrowing, the Tokyo Agent.

Applicable Agent means (i) for purposes of the definitions of Controlled Deposit Account and Controlled Securities Account as such definitions are used in this Agreement, (A) at all times prior to the ABL Termination Date, the Agent and (B) at all times after the ABL Termination Date, the Authorized Term Collateral Agent and (ii) for all other purposes, (A) at all times prior to the Term Obligations Termination Date, the Authorized Term Collateral Agent and (B) at all times after the Term Obligations Termination Date, the Agent.