Facility Party definition

Facility Party means any Transaction Party other than the Sub-Servicers, the Originators and the Intermediate Transferors.
Facility Party means each of the Manager and the Borrower, and “Facility Parties” means both of the foregoing.
Facility Party means the Parent and the Company.

Examples of Facility Party in a sentence

  • Any provision of this Agreement and the other Loan Documents to which any Facility Party is a party that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions thereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Any legal action or proceeding with respect to this Agreement or any other Loan Document may be brought in the courts of the State of New York in New York County, or of the United States for the Southern District of New York and, by execution and delivery of this Agreement, each Facility Party hereby irrevocably accepts for itself and in respect of its property, generally and unconditional, the nonexclusive jurisdiction of such courts.

  • No notice to or demand on any Facility Party in any case shall entitle the Facility Parties to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the Agent, Collateral Agent or the Lenders to any other or further action in any circumstances without notice or demand.

  • Each Facility Party irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of the venue of any such proceeding brought in such court and any claim that any such proceeding brought in any such court has been brought in an inconvenient forum.

  • The Administrative Agent shall have received counterparts of this Amendment that, when taken together, bear the signatures of (i) each Facility Party, (ii) the Administrative Agent and (iii) each Bank.


More Definitions of Facility Party

Facility Party means the Agent, the Arranger or a Lender.
Facility Party means the Parent and each Seller.
Facility Party means each of the Servicer, TRIP and the Borrower, and “Facility Parties” means all of the foregoing.
Facility Party means each of the Borrower and the Canadian Subsidiary, and “Facility Parties” means both of the foregoing.
Facility Party means each of the Manager and the Borrower, and “Facility Parties” means both of the foregoing. 747656567 17557858 29 Fifth Amended and Restated Warehouse Loan Agreement
Facility Party means any Transaction Party other than the Spanish Account SPV and the Originators.
Facility Party means each of the Manager and the Borrower, and “Facility Parties” means both of the foregoing. “Failed Lender” has the meaning set forth in Section 2.03(e). “Failed Loan” has the meaning set forth in Section 2.03(e). “Failed Loan Amount” has the meaning set forth in Section 2.03(e).