Domestic Agent definition
Examples of Domestic Agent in a sentence
The representations and warranties made or incorporated by reference herein shall be true and correct on the Joinder Date as if originally made as of such date and, if the Joinder Date is after the date hereof, the New Obligor shall have furnished to the Domestic Agent a certificate to such effect signed by a Financial Officer.
If such Lender does not pay such corresponding amount forthwith upon the Domestic Agent’s demand therefor, the Domestic Agent shall promptly notify the Borrower, and Borrower shall immediately pay such corresponding amount to the Domestic Agent, together with interest at the rate specified for the Borrowing which includes such amount paid.
On each Domestic Settlement Date, payment shall be made by or to each Lender in the manner provided herein and in accordance with a written report delivered by the Domestic Agent to the Lenders with respect to such Domestic Settlement Date so that, as of each Domestic Settlement Date, each Lender shall hold its Pro Rata Share of all Domestic Syndicated Loans then outstanding.
Each Participating Lender shall make available to the Domestic Agent, for the account of the Domestic L/C Issuer, an amount equal to its Pro Rata Share with respect to Domestic Letters of Credit of such unreimbursed payment in immediately available funds, at the office of the Domestic Agent specified in such notice, not later than 1:00 p.m. (Eastern time) on the Business Day after the date notified by the Domestic Agent.
The New Obligor will, upon the request of the Domestic Agent from time to time, execute, acknowledge and deliver, and file and record, all such instruments, and take all such action, as the Domestic Agent may reasonably request to carry out the intent and purpose of this Agreement and any other Credit Document.