Loan Agent definition
Examples of Loan Agent in a sentence
All payments on the Class A-L Loans shall be made by the Collateral Trustee or the applicable Paying Agent to the Loan Agent for disbursement in accordance with the Class A-L Credit Agreement.
Nothing herein shall prevent the Asset Manager or any of its Affiliates from engaging in other businesses, or from rendering services of any kind to, or having any other kind of relationship with, the Issuer and its Affiliates, the Collateral Trustee, the Holders, the Initial Purchaser, the Loan Agent or any other Person to the extent permitted by applicable law.
The Collateral Trustee, any Paying Agent, the Loan Agent, Registrar or any other agent of the Issuer, in its individual or any other capacity, may become the owner or pledgee of Debt and may otherwise deal with the Issuer or any of their Affiliates with the same rights it would have if it were not Collateral Trustee, Paying Agent, the Loan Agent, Registrar or such other agent.
If directed to make payment directly to a Class A-L Lender, the Collateral Trustee or other Paying Agent shall make such payment in accordance with payment instructions (including the specified percentage) provided by the Loan Agent.
Unless directed otherwise by the Loan Agent, all payments on the Class A-L Loans shall be made to the Loan Agent, and the Loan Agent shall disburse such payments to the Class A-L Lenders in accordance with the Class A-L Credit Agreement.