Credit Agents definition
Examples of Credit Agents in a sentence
All representations and warranties made in this Amendment or any other Loan Document shall survive the execution and delivery of this Amendment and the other Loan Documents, and no investigation by any of the Credit Agents or the Lenders, or any closing, shall affect the representations and warranties or the right of the Credit Agents and the Lenders to rely upon them.
Notwithstanding anything set forth in this Agreement, any inconsistency between this Agreement and the Intercreditor Agreement in respect of the rights and obligations of the Collateral Agent and the Credit Agents owing to and among each other (but not including in respect of the obligations of the Grantor to the Collateral Agent or Credit Agents hereunder) shall be resolved in favor of the Intercreditor Agreement.
All notices to the Revolving Credit Claimholders permitted or required under this Agreement shall be sent to the Revolving Credit Agents, on behalf of the Revolving Credit Claimholders (and the Revolving Credit Agents shall distribute such notices to the other Revolving Credit Claimholders).
The parties acknowledge that this Agreement has, solely for reasons of convenience, been prepared and executed as a single document, but that the legal effect shall be in all respects as though the Grantor had executed separate security interests, for the benefit of each of the Credit Agents.
Nothing in this Agreement or any of the Loan Documents, expressed or implied, is intended to or shall be construed to impose upon the Credit Agents any obligations in respect of this Agreement or any of the Loan Documents except as expressly set forth herein or therein.
The duties of the Credit Agents shall be mechanical and administrative in nature.
Each Lender also acknowledges that it will, independently of the Credit Agents and each other Lender, and based on such other documents, information and investigations as it shall deem appropriate at any time, continue to make its own credit decisions as to exercising or not exercising from time to time any rights and privileges available to it under this Agreement or any other Loan Document.
The actions that will be taken against employees for violations of this policy.
The Credit Agents shall not have any duties or responsibilities except those expressly set forth in this Agreement or in the Loan Documents.
The Credit Agents agree to act as such on the express conditions contained in this Article XII.