Bank Arranger definition
Examples of Bank Arranger in a sentence
Each of the Borrower, BPI and their respective Subsidiaries will conduct its businesses in a manner that will not result in a violation by any individual or entity (including any individual or entity participating in the transaction, whether as Bank, Arranger, Agent, Fronting Bank, or otherwise) of Sanctions, to the extent applicable.
Each Loan Party acknowledges and agrees that in connection with all aspects of any transaction contemplated by the Loan Documents, the Loan Parties, the Agents, the Issuing Banks, the Arrangers and the Lenders have an arms-length business relationship that creates no fiduciary duty on the part of any Agent, any Issuing Bank, any Arranger or any Lender, and each Loan Party, Agent, Issuing Bank, Arranger and Lender expressly disclaims any fiduciary relationship.
The provisions of this Article 9 are solely for the benefit of the Disbursement Agent and none of the Bank Arranger, the Funding Agents, the Lenders, LCR or the Phase II Mall Borrowers shall have any rights as a third party beneficiary of any of the provisions hereof.
Each of the Borrower, BPI and their respective Subsidiaries will conduct its businesses in a manner that will not result in a violation by any individual or entity (including any individual or entity participating in the transaction, whether as Bank, Arranger, Agent, or otherwise) of Sanctions, to the extent applicable.
All remedies, either under this Agreement or any other Financing Agreement or by law or otherwise afforded to any of the Bank Arranger, the Funding Agents, the Lenders, the Disbursement Agent or any other Secured Party, shall be cumulative and not alternative.
Delivery to each Funding Agent, the Disbursement Agent and the Bank Arranger of the Insurance Advisor’s Effective Date Certificate substantially in the form of Exhibit B-3, with the Insurance Advisor’s report attached thereto in form and substance reasonably satisfactory to each Funding Agent and the Bank Arranger.
The Disbursement Agent, the Bank Arranger and each Funding Agent shall have received such other documents and evidence as each such Person may reasonably request in connection with the transactions contemplated hereby.
By a loan agreement dated 17 December 2014 (as amended and restated by an amending and restating agreement dated 24 April 2015, the “Loan Agreement”) and made between (i) the Borrowers as joint and several borrowers, (ii) the Lenders and (iv) ABN AMRO Bank N.V. as Agent, Swap Bank, Arranger and Security Trustee, the Lenders have made available to the Borrowers a loan facility in an amount of (originally) up to US$62,500,000.
Delivery to each Funding Agent, the Bank Arranger and the Disbursement Agent of the Construction Consultant’s Effective Date Certificate substantially in the form of Exhibit B-2, with the Construction Consultant’s Report attached thereto in form and substance reasonably satisfactory to each Funding Agent and the Bank Arranger.
The provisions of this Section shall not apply to any amendment, waiver or consent regarding any of the matters described in Section 13.7(b).