Existing Agent definition

Existing Agent has the meaning assigned to such term in the recitals hereto.

Existing Agent means JPMorgan Chase Bank, N.A. in its role as administrative agent pursuant to the Existing Credit Agreement.

Existing Agent means General Electric Capital Corporation, in its capacity as administrative agent under the Existing Credit Agreement.

Examples of Existing Agent in a sentence

• The parties hereto agree that any provision of any of the Loan Documents directing the Borrower to make payment to the Existing Agent shall be hereby amended to direct the Borrower to make payment to the account designated by the Successor Agent to the Borrower from time to time.

• The Investor and the Corporation shall have power at any time to remove the Person then appointed as "Subscription Receipt Agent" hereunder (the "Existing Agent") and to appoint a new Person in its stead (the "Successor Agent").

• In the event of the Existing Agent resigning or being removed as aforesaid or being dissolved, becoming bankrupt, going into liquidation or otherwise becoming incapable of acting hereunder, the Corporation shall forthwith appoint a Successor Agent; failing such appointment by the Corporation, the Existing Agent or the Investor may apply to a justice of the British Columbia Supreme Court (the "Court") on such notice as such justice may direct, for the appointment of a Successor Agent.

• In the event that, after the Effective Date, the Existing Agent receives any principal, interest or other amount owing to any Lender or the Successor Agent under the Credit Agreement or any other Loan Document, or receives any instrument, agreement, report, financial statement, insurance policy, notice or other document in its capacity as Existing Agent, the Existing Agent agrees to promptly forward the same to the Successor Agent and to hold the same in trust for the Successor Agent until so forwarded.

• Certain of these risks, uncertainties, and factors are described in Article VIII of this Disclosure Statement, entitled “Certain Risk Factors to Be Considered Before Voting.” The Debtors, the Existing Lenders, the Existing Agent, and the Sponsor strongly believe that the Plan is in the best interests of the Debtors’ estates and represents the best available path to restructuring.

More Definitions of Existing Agent

Existing Agent means Citicorp USA, Inc. in its capacity as administrative agent under the Existing Credit Agreement.

Existing Agent has the meaning set forth in the recitals to this Agreement.

Existing Agent means Bank of America, N.A., as agent under the Existing Credit Facility.

Existing Agent means Xxxxx Fargo, in its capacity as administrative agent under the Existing Credit Agreement.

Existing Agent has the meaning specified in the Preliminary Statements above.

Existing Agent as defined in the recitals hereto.

Existing Agent means Deutsche Bank Trust Company Americas, as administrative agent for the lenders under the Existing Credit Agreement.