Initial Term Agent definition

Initial Term Agent has the meaning set forth in the Preamble to this Agreement.
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Initial Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successors thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Security Trustee”, “Collateral Trustee” or similar term under any Term Loan Credit Agreement.
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Initial Term Agent has the meaning assigned to that term in the Recitals.
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Examples of Initial Term Agent in a sentence

  • This version offers a generic description of the architect services.

  • On or about April 30, 2004, the Initial Term Agent was replaced in its capacity as agent for the Term Lenders by The Bank of New York, f/k/a BNY Asset Solutions, LLC (the “Term Agent”).

  • The Debtors’ obligations under the Term Loan were allegedly secured by liens on certain of the Debtors’ assets, as detailed below, pursuant to a Security Agreement dated as of March 5, 2004 (the “Term Loan Security Agreement”), among the Debtors and the Initial Term Agent.

  • Because the Term Loan Mortgages were not recorded within 10 days of March 5, 2004, the transfers to the Initial Term Agent of the security interests in the Debtors’ real estate would be deemed to have occurred, for purposes of section 547 of the Bankruptcy Code, on the date of recordation of the respective Te rm Loan Mortgages.

  • As evidenced by the express exclusion in Annex A of the Revolver Loan UCC- 1’s of certain collateral in whic h the Initial Term Agent, but not the Revolver Agent, was granted a security interest (intellectual property and stock held by the Debtors), as well as by the unfiled Term Loan UCC-1’s, the Revolver Loan UCC-1’s were filed solely by GECC as agent for the Revolver Lenders to perfect the Revolver Agent Lien, and not by GECC as agent for the Term Lenders to perfect the Term Agent Lien.

  • Initial ABL Agent XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Initial ABL Agent By: /s/ Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Title: AVP Signature Page to Intercreditor Agreement Initial Term Agent WILMINGTON TRUST, NATIONAL ASSOCIATION, as Initial Term Agent By: /s/ Xxxxxxxx X.

  • Xxxxx Facsimile (000) 000-0000 Initial Term Agent CORTLAND PRODUCTS CORP., as Initial Term Agent By: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Associate Counsel CORTLAND CAPITAL MARKET SERVICES LLC, as Initial Term Agent By: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Associate Counsel 000 Xxxx Xxxxxxxxxx Xxxxxx, 00xx Xxxxx Xxxxxxx, Xxxxxxxx 00000 Attn: Xxxx Xxxxxx and Legal Department Acknowledged and Agreed to by: KEY ENERGY SERVICES, INC.

  • CITIBANK, N.A., as Initial ABL Agent By: /s/ Xxxxxxxx Xxxx Name: Xxxxxxxx Xxxx Title: Vice President WILMINGTON TRUST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Initial Term Representative and Initial Term Agent By: /s/ Xxxx X.

  • ABL AGENT: BANK OF AMERICA, N.A., as ABL Agent By: Title: INITIAL TERM AGENT: JPMORGAN CHASE BANK, N.A., as Initial Term Agent By: Title: ACKNOWLEDGMENT Each Borrower, each ABL Guarantor and each Term Guarantor hereby acknowledges that it has received a copy of this Amendment and consents thereto, agrees to recognize all rights granted thereby to the ABL Agent and each Term Agent, and will not do any act or perform any obligation which is not in accordance with the agreements set forth in this Amendment.

  • Holdings has issued 7.875% Senior Secured Notes due 2028 in an initial aggregate principal amount of $350,000,000 (the “Initial Notes”) under the Indenture dated as of December 6, 2021 (as amended, restated, supplemented, modified, replaced or refinanced from time to time, the “Indenture”), among Holdings, certain Subsidiaries of Holdings, the Initial Term Representative and the Initial Term Agent.


More Definitions of Initial Term Agent

Initial Term Agent has the meaning set forth in the preamble to this Agreement. “Initial Term Claimholders” means, as of any date of determination, the holders of the “Obligations”, as that term is defined in the Term Credit Facility Agreement, at that time, including (i) the Initial Term Agent, (ii) the Initial Term Representative and (iii) the Initial Noteholders. “Initial Term Representative” has the meaning set forth in the preamble to this Agreement. “Insolvency Proceeding” means: (i) any voluntary or involuntary case or proceeding under any Bankruptcy Law with respect to any Grantor; (ii) any other voluntary or involuntary insolvency or bankruptcy case or proceeding, or any receivership, liquidation or other similar case or proceeding with respect to any Grantor or with respect to a material portion of its assets; (iii) any liquidation, dissolution or winding up of any Grantor (other than any of the foregoing permitted under the ABL Documents and the Term Documents) whether voluntary or involuntary and whether or not involving insolvency or bankruptcy; or (iv) any assignment for the benefit of creditors or any other marshaling of assets or liabilities of any Grantor. “Intellectual Property” means all intellectual property of every kind and nature and any other similar intangible rights throughout the world, including inventions, designs, patents, copyrights, licenses, trademarks and service marks (including the goodwill connected with the use thereof and symbolized thereby), domain names, trade secrets, confidential or proprietary technical and business information, know-how or other confidential or proprietary data or information, technology, processes, software and databases, together with any and all (i) rights and privileges arising under applicable law with respect to the foregoing, (ii) income, fees, royalties, damages, claims and payments now or hereafter due and/or payable with respect thereto, including, without limitation, damages and payments for past, present or future infringements thereof, (iii) rights to xxx for past, present or future infringements thereof and (iv) rights corresponding thereto throughout the world. “Junior 507(b) Claims” has the meaning set forth in Section 6.5(a)(vi). “Junior Agent” means, with respect to the ABL Priority Collateral, the Term Agent, and with respect to the Term Priority Collateral, the ABL Agent.
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Related to Initial Term Agent

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Initial Term has the meaning set forth in Section 7.1.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).

  • Collateral Term Sheet and "Structural Term Sheet" shall have the respective meanings assigned to them in the February 13, 1995 letter (the "PSA Letter") of Xxxxxx, Xxxxxxxx, Xxxxx & Xxxxxxxx on behalf of the Public Securities Association (which letter, and the SEC staff's response thereto, were publicly available February 17, 1995). The term "Collateral Term Sheet" as used herein includes any subsequent Collateral Term Sheet that reflects a substantive change in the information presented. The term "Computational Materials" has the meaning assigned to it in the May 17, 1994 letter (the "Xxxxxx letter" and together with the PSA Letter, the "No-Action Letters") of Brown & Xxxx on behalf of Xxxxxx, Xxxxxxx & Co., Inc. (which letter, and the SEC staff's response thereto, were publicly available May 20, 1994).

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Collateral Term Sheets shall have the meanings given such terms in the PSA Letter but shall include only those ABS Term Sheets or Collateral Term Sheets that have been prepared or delivered to prospective investors by any Underwriter.

  • Term SOFR means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.