EFC Collateral Agent definition

EFC Collateral Agent means NationsBank, N.A. as collateral agent in respect of the Company's Commercial Paper program.

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EFC Collateral Agent in Section 1.1 of the Security Agreement is hereby deleted.

EFC Collateral Agent shall have the meaning specified in Section 1.1 of the Security Agreement.

Examples of EFC Collateral Agent in a sentence

• The Issuer hereby acknowledges that the Company has assigned and granted a security interest in all of its rights hereunder and under the Note to the EFC Collateral Agent.

• The Debtor and the Collateral Agent hereby acknowledge that the Agent has granted a security interest in all of its rights hereunder to the EFC Collateral Agent.

• The Debtor and the Collateral Agent hereby acknowledge that the Company has granted a security interest in all of its rights hereunder to the EFC Collateral Agent.