Examples of First Lien Administrative Agents in a sentence
Following the Discharge of First Lien Obligations and Discharge of Second Lien Obligations, Second Lien Collateral Trustee further agrees to take all other action reasonably requested by any First Lien Administrative Agent at the expense of the Company in connection with the First Lien Administrative Agents obtaining a first-priority security interest in the Collateral if any Excess First Lien Obligations remain outstanding.
The First Lien Administrative Agent's sole duty with respect to the custody, safekeeping and physical preservation of the First Lien Collateral in its possession, under Section 9-207 of the New York UCC or otherwise, shall be to deal with it in the same manner as the First Lien Administrative Agent deals with similar property for its own account.
Exchange Rate: The foreign currency exchange rates used in connection with calculating any amounts to be funded on the Closing Date pursuant to the First Lien Euro Term Facility shall be the applicable First Lien Administrative Agent's spot rate of exchange as of 11 a.m. (London time) on the earlier of (x) the date of final allocation of the First Lien Euro Term Facility (such date determined in consultation with you) (the "Final Allocation Date") and (y) the Closing Date.
Counsel to the First Lien Euro Arrangers and the First Lien Administrative Agents: Xxxxxxx, Xxxxx, Xxxxxx & XxXxxx LLP SUMMARY OF CONDITIONS PRECEDENT This Summary of Conditions Precedent contains the sole conditions precedent to the First Lien Euro Facilities (the "Funding Conditions") referred to in the Commitment Letter, of which this Exhibit C is a part (in each case, subject to the Certain Funds Provision).
Each Grantor further agrees, at the First Lien Administrative Agent's request, to assemble the First Lien Collateral and make it available to the First Lien Administrative Agent at places which the First Lien Administrative Agent shall reasonably select, whether at such Grantor's premises or elsewhere.
The powers conferred on the First Lien Administrative Agent and the other First Lien Secured Parties hereunder are solely to protect the First Lien Administrative Agent's and the other First Lien Secured Parties' interests in the First Lien Collateral and shall not impose any duty upon the First Lien Administrative Agent or any other First Lien Secured Party to exercise any such powers.
Job growth and the presence of educated workers creates a mutually reinforcing, positive dynamic.Millennials are no longer as young as they used to be.
All activities of The Learning Foundation must be compatible with the mission, goals, policies and procedures of the Board.