Foreign Administrative Agent definition

Foreign Administrative Agent means any Administrative Agent that is not a U.S. Person.
Foreign Administrative Agent means any Administrative Agent that is not organized under the laws of the jurisdiction in which a Borrower is resident for tax purposes by application of the laws of that jurisdiction and that is not otherwise considered or deemed in respect of any amount payable to it hereunder or under any Credit Document to be resident for income tax or withholding tax purposes in the jurisdiction in which such Borrower is resident for tax purposes by application of the laws of that jurisdiction. For the purposes of this definition, Canada and each Province and Territory thereof shall be deemed to constitute a single jurisdiction and the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction.
Foreign Administrative Agent means any Administrative Agent that is not a U.S. Person. “Foreign Lender” means any Lender that is not a U.S. Person.

Examples of Foreign Administrative Agent in a sentence

  • The Foreign Administrative Agent may pay reasonable remuneration to any Appointee, together with any costs and expenses (including legal fees) reasonably incurred by the Appointee in connection with its appointment.

  • Both the physical walls of the pit and the large distance to receivers will reduce the potential noise impact from mining.

  • Absent such revocation, the determination by the US Administrative Agent’s or the Foreign Administrative Agent, as applicable, that funding of a Protective Advance is appropriate shall be conclusive, provided, that the aggregate outstanding principal amount of Protective Advances shall not, at any one time, exceed the lesser of $20,000,000 and 7.5% of the Revolving Credit Facilities at such time.

  • Each Foreign Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Foreign Administrative Agent with respect to the Collateral are more fully set forth in the Foreign Security Agreement.

  • All such notices and other communications shall, when mailed, telecopied, sent by electronic mail or otherwise, be effective when deposited in the mails, telecopied, sent by electronic mail and confirmed in writing, or otherwise delivered (or confirmed by a signed receipt), respectively, addressed as aforesaid; except that notices and other communications to the Foreign Administrative Agent shall not be effective until received by the Foreign Administrative Agent.

  • There is some redundancy in explanation and overlap in content (implementation and instructional design) – I would recommend to check the links between those explanations about e‐tivities, roles of tutors, ect.Tables are clear and helpful.It is helpful when (sub)titles refer exactly to the tables.Throughout the manual references and theoretical background is provided.

  • Each Foreign Grantor will hold and preserve its material records relating to the Collateral, including, without limitation, the Related Contracts, and will permit representatives of the Foreign Administrative Agent at any time subject to reasonable notice and during normal business hours to inspect and make abstracts from such records and other documents.

  • Any notice given by an Issuing Bank or the Foreign Administrative Agent pursuant to this Section 2.21(c)(i) may be given by electronic communication.

  • If, however, it would be held that such claims of the Foreign Administrative Agent and such claims of any one or more of the Foreign Secured Parties do constitute such common property and such provisions do apply, the parties hereto agree that this Agreement shall constitute an administration agreement (beheersregeling) within the meaning of article 3:168 DCC.

  • All payments by the applicable Borrowers of principal of and interest on Foreign Revolving Loans shall be made to the Foreign Administrative Agent, which shall promptly inform, in writing, the Domestic Administrative Agent of the date, time and amount of such payments, along with any other information regarding such payments as requested by the Domestic Administrative Agent.


More Definitions of Foreign Administrative Agent

Foreign Administrative Agent has the meaning specified in the recital of parties to this Agreement.
Foreign Administrative Agent means Nordea in its capacity as foreign administrative agent for the Lenders under the Credit Documents, and any successor in such capacity.

Related to Foreign Administrative Agent

  • Canadian Administrative Agent means Royal Bank of Canada in its capacity as Canadian administrative agent for the lenders party to the Canadian Credit Agreement and any successor thereto.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • Administrative Agent’s Office means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Administrative agency or "agency" means each board, bureau, commission, department, or other administrative unit of the executive branch of state government, including one or more officers, employees, or other persons directly or indirectly purporting to act on behalf or under authority of the agency. An administrative unit located within or subordinate to an administrative agency must be treated as part of that agency to the extent it purports to exercise authority subject to this chapter. The term administrative agency does not include:

  • Administrative Agent's Payment Office means the address for payments set forth on the signature pages hereof in relation to the Administrative Agent or such other address as the Administrative Agent may from time to time specify in accordance with Section 10.01.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Borrower Agent as defined in Section 4.4.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of October 17, 1997, between the Agent and the Borrower, as amended, modified, supplemented or replaced from time to time.

  • US Agent means a person (as de- fined in section 201(e) of the act (21U.S.C. 321(e))) residing or maintaining a place of business in the United States whom a foreign facility designates as its agent for purposes of this subpart. AU.S. agent cannot be in the form of a mailbox, answering machine or service, or other place where an individual act- ing as the foreign facility’s agent is not physically present.

  • Administrative Agent-Related Persons means Administrative Agent (including any successor agent), together with its Affiliates and the officers, directors, employees, agents and attorneys-in-fact of such Persons and Affiliates.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in US Dollars or any Letter of Credit, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in any Alternative Currency, the London Agent.

  • Canadian Agent as defined in the preamble hereto.

  • Administrative Agents the collective reference to the General Administrative Agent and the Canadian Administrative Agent.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;