HUF Agent definition
Examples of HUF Agent in a sentence
The Facility Agent or (as the case may be) the HUF Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest under this Agreement.
The HUF Agent shall notify the Facility Agent of any Default under Facility B or HUF Facility C in respect of payments in Forints if the HUF Agent otherwise has actual knowledge of the event concerned.
This clause 31 (Notices) shall not affect any requirements within this Agreement to copy any notice to the HUF Agent.
Neither the Security Trustee, the HUF Agent nor the Senior Agent may resign or be removed except as specified in Schedule 3 (Security Trustee), or in the Senior Finance Documents (as the case may be) and (save as set out in Schedule 3 (Security Trustee)) only if a replacement Security Trustee or Senior Agent or HUF Agent (as the case may be) agrees with all other parties hereto to become party to and bound by all the terms of this Deed as the replacement agent or trustee (as the case may be).
The Borrower shall pay to each of the Facility Agent (for its own account) and the HUF Agent (for its own account) an agency fee in the amount and at the times agreed in a Fee Letter.
The Borrower shall pay interest on each Facility A Loan, each Euro Facility C Loan and each Euro Facility D Loan to the Facility Agent and on each Facility B Loan and each HUF Facility C Loan to the HUF Agent.
The Borrower shall repay to the Facility Agent or (in relation to the Facility B Loans) the HUF Agent, the Facility A Loans and the Facility B Loans so that on each date specified in column (1) below, the aggregate Facility A Loans and Facility B Loans outstanding at the end of the Availability Period shall have been repaid in the percentage thereof specified opposite the relevant date in column (2) below.
The Borrower may utilise a Facility by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time (with a copy to the HUF Agent in the case of Facility B Loans or HUF Facility C Loans other than in connection with the first Utilisation Request which shall be delivered 1 Business Day prior to the first Utilisation Date.