Appropriate Party definition

Appropriate Party means (i) while the Initial Lender holds any Commitment or Loan, the Initial Lender and (ii) if the Initial Lender is no longer a Lender, the Administrative Agent (acting at the direction of the Required Lenders).

Appropriate Party at any time (i) prior to the Existing Arch Senior Note Termination Date, (x) if none of the Collateral Documents (other than the Borrower Pledge Agreement and the Restricted Subsidiary Security Agreement (Bank)) or the Indenture Collateral Documents are then effective, the Escrow Agent, or (y) if, in addition to the Borrower Pledge Agreement and the Restricted Subsidiary Security Agreement (Bank), any of the Collateral Documents and any of the Indenture Collateral Documents are then effective, the Collateral Agent and the Applicable Arch Indenture Trustees and (ii) on or after the Existing Arch Senior Note Termination Date, the Collateral Agent.

Appropriate Party means the party to these instructions designated as the Appropriate Party to deliver Written instructions.

Examples of Appropriate Party in a sentence

• No Credit Party shall revoke, or permit to be revoked, any payment direction included in any Direct Agreement other than in connection with a replacement Collection Account (which shall be at a depository institution satisfactory to the Appropriate Party).

• The Parent will, and will cause each of its Subsidiaries to, take all actions necessary to maintain the existence, business and operations of the Carrier Loyalty Programs as in effect on the Closing Date or on terms at least as favorable to the Lenders, as determined by the Appropriate Party in its sole discretion, except as otherwise expressly permitted under this Agreement.

• Each Grantor shall furnish to the Collateral Agent from time to time statements and schedules further identifying and describing the Collateral and such other reports in connection with the Collateral as the Appropriate Party may request, all in such detail as the Appropriate Party may require.

• Resolution No. 1430 A Resolution authorizing a loan from the Clean Water State Revolving Fund by entering into a financing contract with the Oregon Department of Environmental QualityCM Hare provided a report to the Council.

• All losses will be adjusted by the applicable Grantor with the insurers; provided, however, that during a period when an Event of Default shall have occurred and be continuing, the applicable Grantor shall not agree to any such adjustment without the consent of the Appropriate Party.

• The Grantors will furnish to the Collateral Agent timely notice of the necessity or desirability of such action, together with, if requested by the Collateral Agent, such instruments, in execution form, and such other information as may be required to enable the Collateral Agent to take such action or otherwise requested by the Appropriate Party.

• After the occurrence and during the continuance of an Event of Default and as may be requested by the Collateral Agent or the Appropriate Party from time to time, the applicable Grantor shall furnish the Collateral Agent and the Appropriate Party with a Data Report.

• Notwithstanding the limitations herein, the Collateral Agent and the Appropriate Party, or their respective agents (as designated by the Lenders) shall be entitled to access and inspect the Tracking System to monitor the types, quantities and locations of any Spare Parts Assets and to ensure the Grantors’ compliance with the terms hereof in a manner consistent with Section 5.11 of the Loan Agreement.

• If requested by the Appropriate Party or the Collateral Agent, the applicable Grantor will obtain a written acknowledgment of the Collateral Agent’s, the Appropriate Party’s and their respective agents’ access and inspection rights hereunder from any third party that owns or operates the Tracking System.

• The Company will deliver executed or true and correct copies of each amendment, waiver or consent effected pursuant to the provisions of this Section 17 to each Appropriate Party promptly following the date on which it is executed and delivered by, or receives the consent or approval of, the requisite Appropriate Parties.

More Definitions of Appropriate Party

Appropriate Party at any time: (a) from and after the Third Restatement Date and prior to the earlier to occur of the Merger Effective Date and the Existing Arch Senior Note Termination Date, (i) if the Springing Sections of the Security and Intercreditor Agreement are not then effective, the Escrow Agent, or (ii) if the Springing Sections of the Security and Intercreditor Agreement are then effective, the Security Agent; (b) on and after the earlier to occur of the Merger Effective Date and the Existing Arch Senior Note Termination Date, the Security Agent.

Appropriate Party at any time:

Appropriate Party contained in Section 1.1 of the Credit Agreement is amended in its entirety to read as follows: