Funding Agent definition

Funding Agent or "agents" means an investment firm, trust bank, or other financial

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Funding Agent has the meaning specified in the Preamble.

Funding Agent has the meaning set forth in the preamble to the Series 2022-1 Class A-1 Note Purchase Agreement.

Examples of Funding Agent in a sentence

Each Funding Agent will, upon the direction of its related Lender Group, resign as such Funding Agent.
Each Funding Agent shall not be required to take any action that exposes it to personal liability or that is contrary to this Agreement or any other Loan Document or applicable law.
In performing its functions and duties hereunder, each Funding Agent shall act solely as agent for the Lenders and does not assume nor shall it be deemed to have assumed any obligation or relationship of trust or agency with or for the Borrower, the Seller or the Servicer or any of their respective successors or assigns.
If for any reason no successor Funding Agent is appointed by the related Lender Group, the Borrower shall make all payments in respect of Secured Obligations due to such Lender Group or under any fee letter delivered in connection herewith directly to Administrative Agent and for all purposes shall deal directly with the Administrative Agent.
After any retiring Funding Agent's resignation hereunder as Funding Agent, the provisions of this Section 8.05 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Funding Agent under this Agreement.

More Definitions of Funding Agent

Funding Agent or "agents" means an investment firm, trust bank, or other financial institution which the retirement board may select to hold and invest the employers' and members' contributions.

Funding Agent means, with respect to each CP Conduit Purchaser and its CP Conduit Purchaser Group, the agent bank set forth opposite the name of such CP Conduit Purchaser on Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement.

Funding Agent means a Person appointed as a Funding Agent for a Lender Group pursuant to Section 7.14.

Funding Agent means such successor agent, effective upon its appointment, and the former Funding Agent’s rights, powers and duties as Funding Agent shall be terminated, without any other or further act or deed on the part of such former Funding Agent or any of the parties to this Agreement. After any retiring Funding Agent’s resignation hereunder as Funding Agent, the provisions of this Article XI and Article X shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Funding Agent under this Agreement.

Funding Agent shall have the meaning set forth in the Preliminary Statement of the Note Purchase Agreement.

Funding Agent means each financial institution designated on Schedule 1.01A that acts as agent for a Lender Group, or its successor appointed pursuant to Section 12.

Funding Agent is defined in the recitals hereto.