Examples of Bank Group Administrative Agent in a sentence
Additionally, post-confirmation, the LoC Bank Group Administrative Agent shall provide a semi-annual report of LoCs Outstanding to New TAC.
Within ten (10) Business Days after receiving of notice thereof, the LoC Bank Group Administrative Agent shall notify New TAC to the extent any LoC Outstanding has expired or has been drawn upon or has been released.
LoC Bank Group Administrative Agent means JPMorgan Chase Bank or any successor administrative agent under the Credit Documents.
The provisions of this Agreement shall be binding upon the Borrower, the Sponsor, the Bank Group Administrative Agent, and their respective successors and assigns, as well as the other Bank Group Secured Parties, all of whom are bound by this Agreement.
Upon the Discharge of Sponsor Facility Obligations, the Sponsor shall deliver to the Bank Group Administrative Agent any remaining Merchant Receivables and any proceeds thereof then held by it in the same form as received, together with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct.
New TAC Bank Group Escrow Agreement means that certain escrow agreement to be entered into among New TAC, an escrow agent and the LoC Bank Group or the LoC Bank Group Administrative Agent, in, or substantially in, the form to be contained in the Plan Supplement.
After the Termination Date, so long as the Discharge of Sponsor Facility Obligations has not occurred, any proceeds of Merchant Receivables received by the Bank Group Administrative Agent shall be segregated and held in trust and forthwith transferred or paid over to the Sponsor in the same form as received, together with any necessary endorsements, for application by the Sponsor to the permanent reduction of the Sponsor Facility Obligations.
The provisions of this Agreement shall inure to the benefit of Sponsor, the Bank Group Administrative Agent, the Bank Group Secured Parties and their respective successors and permitted assigns.
The Sponsor agrees that it shall not assign any of its rights, title and interest in and to any Sponsor Loan Document without the prior written consent of the Bank Group Administrative Agent.
The Bank Group Administrative Agent, for itself and on behalf of the other Bank Group Secured Parties, agrees that it will not at any time contest by judicial proceeding the validity, perfection, priority or enforceability of the Sponsor Lien or the Sponsor Loan Documents or the enforceability of this Agreement.