Junior Administrative Agent definition

Junior Administrative Agent means (a) in respect of the Term Loan First Lien Collateral, the ABL Administrative Agent, and (b) in respect of the ABL First Lien Collateral, the Term Loan Administrative Agent.
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Junior Administrative Agent means Chase solely in its capacity as administrative agent for the Junior Lenders under the Junior Credit Agreement and the other Junior Loan Documents to which Chase (and its successors and permitted assigns) is a party in its capacity as administrative agent for the Junior Lenders.
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Junior Administrative Agent shall include, in addition to the Junior Administrative Agent referred to in the recitals hereto, any successors of and assigns to the Junior Administrative Agent permitted pursuant to Section 7.6 of the Junior Credit Agreement.
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Examples of Junior Administrative Agent in a sentence

  • Neither the Collateral Agent, the Senior Administrative Agent nor any of the Senior Creditors shall have any liability or duty, of any kind, nature or origin, to the Junior Administrative Agent or any Junior Creditor, express or implied, except as set forth in this Agreement.

  • The Collateral Agent will give prompt notice to the Senior Administrative Agent and the Junior Administrative Agent of any such joinder in respect of any such new or additional Senior Credit Debt hereunder constituting First Tier Indebtedness hereunder.

  • Following the payment in full of the Senior Secured Obligations, at such time and to the extent required by Section 2.9 (Payments and Computations) of the Junior Credit Agreement, all proceeds of Collateral received by the Agents shall be applied by the Junior Administrative Agent in payment of the Junior Secured Obligations in accordance with the order of application set forth in Section 2.9(f) of the Junior Credit Agreement.

  • The Pledgor, the Junior Administrative Agent and the Junior Creditors each hereby waives any right to require marshalling of assets by the Collateral Agent, the Senior Administrative Agent or the Senior Creditors and any similar rights.

  • As far as the tree that was killed as a result of it being moved by Hertfordshire Highways is concerned, Mr. Goutam said that replacing trees is not a priority for him.

  • The database that was developed to house information on PGCN and habitats has been updated to reflect the new lexicon.Because climate change is potentially a very significant issue for rare plants, we conducted a focused analysis on this topic using NatureServe’s Climate Change Vulnerability Index.

  • Form and Substance Satisfactory to Junior Administrative Agent This Agreement may be executed in one or more counterparts, each of which shall be an original and all of which shall together constitute one and the same document.

  • The Company, the Junior Administrative Agent and the Junior Creditors each hereby waives any right to require marshalling of assets by the Collateral Agent, the Senior Administrative Agent or the Senior Creditors and any similar rights.

  • It is understood and agreed, however, that this Agreement shall in no way limit or affect the rights of the Junior Creditors or the Junior Administrative Agent with respect to an exercise of rights and remedies against Satellite and its Subsidiaries or with respect to collateral pledged by Satellite and its Subsidiaries to secure the loans and obligations owing under the Junior Credit Agreement.

  • It is understood and agreed, however, that this Agreement shall in no way limit or affect the rights of the Junior Creditors or the Junior Administrative Agent with respect to an exercise of rights and remedies against SpaceCom and its Subsidiaries or with respect to collateral pledged by SpaceCom and its Subsidiaries to secure the loans and obligations owing under the Junior Credit Agreement.


More Definitions of Junior Administrative Agent

Junior Administrative Agent means the Junior Administrative Agent referred to in the preamble to this Agreement and also includes, for all purposes, any successors thereof or assigns thereto as permitted by the CNAI Junior Lien Credit Agreement and any other Person who hereafter is the administrative agent, or who holds an analogous position in respect of any Junior Secured Obligations, however titled or held, under any Junior Credit Agreement and who is designated as the "Junior Administrative Agent" for purposes of this Agreement in any such future Junior Credit Agreement.
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Related to Junior Administrative Agent

  • 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.

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

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

  • 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.

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

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

  • 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.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Canadian Agent as defined in the preamble hereto.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • 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.

  • 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.

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

  • 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.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

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

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Facility Agent has the meaning set forth in the Preamble.

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

  • Administrative Agent Fee shall have the meaning assigned to such term in Section 2.05(b).

  • Reference Lender means, with respect to each Investor Group, the related Funding Agent or if such Funding Agent does not have a prime rate, an Affiliate thereof designated by such Funding Agent.

  • Designated Agent means any entity that performs actions or functions on behalf of the Transmission Provider, a Transmission Owner, an Eligible Customer, or the Transmission Customer required under the Tariff. Designated Entity: