Group Managing Agent definition

Group Managing Agent. The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch
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Group Managing Agent means, in respect of any Purchaser Group, the Managing Agent of the Affiliated Purchaser of such Purchaser Group.
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Group Managing Agent means, (i) for the Investor Group with respect to a Citi Investor, the Citi Group Managing Agent and (ii) for any Investor Group with respect to any other Investor, a Bank which is a Member of such Group or an Affiliate of such Bank, in either case as designated in the Assignment and Acceptance to which such Investor is a party as assignee, and accepted by the Person so designated.
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Examples of Group Managing Agent in a sentence

  • Each Investor and Bank hereby appoints and authorizes each of its Group Managing Agent and the Administrative Agent, respectively, to take such action as agent on its behalf and to exercise such powers under this Agreement and the other Transaction Documents as are delegated to such Group Managing Agent and the Administrative Agent, respectively, by the terms hereof and thereof, together with such powers as are reasonably incidental thereto.

  • Each of the Administrative Agent and each Group Managing Agent agrees to give to each other and to each Investor and Bank prompt notice of notice given to it pursuant to the terms of this Agreement or any other Transaction Document.

  • The Administrative Agent shall provide notice to the Seller, the assigning Bank's Group Managing Agent and each Member of the assigning Member's Purchaser Group of any assignment of any portion of any Receivable Interest by such assigning Bank hereunder.

  • Each such notice of a proposed Purchase of Receivable Interests by the applicable Purchaser Group shall be by telecopier to the Administrative Agent and by electronic transmission to each Group Managing Agent and the Administrative Agent, and shall specify (i) the requested aggregate amount of such Purchase (which shall not be less than $10,000,000) to be paid to the Seller, (ii) the date of such Purchase (which shall be a Business Day), and (iii) the Bank Rate for such Purchase.

  • Each Investor and each Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent or any Group Managing Agent, any other Investor or Bank, respectively, or any of their respective Affiliates or any other Indemnified Party and based on such documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action under this Agreement.

  • Each such assignment shall be recorded on the books and records of the Citi Group Managing Agent and the relevant Securitization Company Parties, without the need to execute and deliver an Assignment and Acceptance.

  • The Collection Agent agrees that it shall have no right of setoff or banker’s lien against, and no right to otherwise deduct from, any funds held in the Collection Account for any amount owed to it by the Borrower, any Originator, the Administrative Agent, any Group Managing Agent or any Holder.

  • The Group Managing Agent for each Investor shall promptly thereafter notify the Borrower if Yield for any Rate Tranche of which all or any portion of any such Advance is to be a part is to be computed for such Rate Tranche as a Base Rate Tranche or a LIBO Rate Tranche.

  • The entries in the Registers shall constitute prima facie evidence of the accuracy of the information contained therein, and the Borrower, the Administrative Agent, any Group Managing Agent, any Bank and any Investor may treat any Investor or Bank whose name is recorded in any Register as a Investor or Bank, respectively, hereunder for all purposes of this Agreement.

  • Any authorization, consent or waiver that is to be taken by any Purchaser Group hereunder shall be taken by the Group Managing Agent of such Purchaser Group on its behalf at the direction or with the consent of the Members of such Purchaser Group.