LOC Agent definition

LOC Agent means The Chase Manhattan Bank, as agent for the LOC Lenders party to the Series 1997-2 Credit Agreement, or such other Person as shall have subsequently been appointed as the successor LOC Agent pursuant to Article X of the Series 1997-2 Credit Agreement.
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LOC Agent means the “Lender Agent” under and as defined in the November Loan Agreement.
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Examples of LOC Agent in a sentence

  • Capitalized terms used in this Agreement that are not defined herein shall have the respective meanings specified in the Collateral Trust and Security Agreement, dated as of June 23, 1997, among the Company, General Electric Capital Corporation (“GE Capital”), as LOC Agent, and Bankers Trust Company (predecessor-in-interest to Deutsche Bank Trust Company Americas), as Security Trustee (as amended, the “Security Agreement”).

  • Nothing herein shall obligate the Seller, the Servicer, the Purchaser, Liquidity Agent, the LOC Agent, the Operating Agent or the Collateral Agent to enter into any future amendment (whether similar or dissimilar).

  • Upon a subsequent draw on the DSR LOC or the PPA LOC, as the case may be, the Collateral Agent shall as soon as practicable transfer monies from the separate account to the DSR LOC Agent or the PPA LOC Agent, as the case may be, up to the amount so drawn, to the extent not reimbursed, on such DSR LOC or PPA LOC.

  • Capitalized terms used in this Agreement that are not defined herein shall have the respective meanings specified in the Collateral Trust and Security Agreement, dated as of April 4, 1995, among the Company, General Electric Capital Corporation (“GE Capital”), as LOC Agent, and Bankers Trust Company (predecessor-in-interest to Deutsche Bank Trust Company Americas), as Security Trustee (as amended, the “Security Agreement”).

  • This opinion is being provided to you pursuant to the Agreement as to Certain Understandings, Common Representations, Warranties, Covenants and Other Terms dated as of November 1, 1999 (the "Common Agreement") by and among Tenaska Georgia Partners, L.P., The Chase Manhattan Bank, as Trustee, the Toronto-Dominion Bank as DSR LOC Agent, The Toronto-Dominion Bank, as PPA LOC Agent and The Chase Manhattan Bank, as Collateral Agent.

  • GMAC LLC, as LOC Agent and Omnibus Agent, lender under the MSR Loan Agreement and in its individual capacity By: /s/ ▇▇▇▇▇ ▇.

  • Nothing herein shall obligate the Purchaser, Liquidity Agent, the LOC Agent, the Operating Agent or the Collateral Agent to enter into any future amendment (whether similar or dissimilar).

  • Except for manifest errors on the part of the Operating Agent, each of the Seller and the Servicer hereby waives any claim, defense, demand, action or suit of any kind or nature whatsoever against the Purchaser, the LOC Provider, the LOC Agent, the Operating Agent and the Collateral Agent arising on or prior to the date hereof in connection with the Purchase Agreement or the transactions contemplated thereunder.

  • This opinion is delivered to you pursuant to the Agreement dated as of November 1, 1999 ("the Common Agreement") by and among TGP, The Chase Manhattan Bank, as Trustee, The Toronto-Dominion Bank, as DSR LOC Agent, The Toronto-Dominion Bank, as PPA LOC Agent and The Chase Manhattan Bank, as Collateral Agent.

  • This opinion is delivered to you pursuant to the Agreement as to Certain Undertakings, Common Representations, Warranties, Covenants and Other Terms dated as of November 1, 1999 ("the Common Agreement") by and among TGP, The Chase Manhattan Bank, as Trustee, The Toronto-Dominion Bank, as DSR LOC Agent, The Toronto-Dominion Bank, as PPA LOC Agent and The Chase Manhattan Bank, as Collateral Agent.

Related to LOC Agent

  • LC Issuer means Bank One (or any subsidiary or affiliate of Bank One designated by Bank One) in its capacity as issuer of Facility LCs hereunder.

  • Administrative Agent as defined in the preamble hereto.

  • Letter of Credit Issuer means such successor or such new issuer of Letters of Credit effective upon such appointment. At the time such resignation or replacement shall become effective, the Borrower shall pay to the resigning or replaced Letter of Credit Issuer all accrued and unpaid fees pursuant to Sections 4.1(c) and 4.1(d). The acceptance of any appointment as a Letter of Credit Issuer hereunder whether as a successor issuer or new issuer of Letters of Credit in accordance with this Agreement, shall be evidenced by an agreement entered into by such new or successor issuer of Letters of Credit, in a form satisfactory to the Borrower and the Administrative Agent and, from and after the effective date of such agreement, such new or successor issuer of Letters of Credit shall become a “Letter of Credit Issuer” hereunder. After the resignation or replacement of a Letter of Credit Issuer hereunder, the resigning or replaced Letter of Credit Issuer shall remain a party hereto and shall continue to have all the rights and obligations of a Letter of Credit Issuer under this Agreement and the other Credit Documents with respect to Letters of Credit issued by it prior to such resignation or replacement, but shall not be required to issue additional Letters of Credit. In connection with any resignation or replacement pursuant to this clause (a) (but, in case of any such resignation, only to the extent that a successor issuer of Letters of Credit shall have been appointed), either (i) the Borrower, the resigning or replaced Letter of Credit Issuer and the successor issuer of Letters of Credit shall arrange to have any outstanding Letters of Credit issued by the resigning or replaced Letter of Credit Issuer replaced with Letters of Credit issued by the successor issuer of Letters of Credit or (ii) the Borrower shall cause the successor issuer of Letters of Credit, if such successor issuer is reasonably satisfactory to the replaced or resigning Letter of Credit Issuer, to issue “back-stop” Letters of Credit naming the resigning or replaced Letter of Credit Issuer as beneficiary for each outstanding Letter of Credit issued by the resigning or replaced Letter of Credit Issuer, which new Letters of Credit shall be denominated in the same currency as, and shall have a face amount equal to, the Letters of Credit being back-stopped and the sole requirement for drawing on such new Letters of Credit shall be a drawing on the corresponding back-stopped Letters of Credit. After any resigning or replaced Letter of Credit Issuer’s resignation or replacement as Letter of Credit Issuer, the provisions of this Agreement relating to a Letter of Credit Issuer shall inure to its benefit as to any actions taken or omitted to be taken by it (A) while it was a Letter of Credit Issuer under this Agreement or (B) at any time with respect to Letters of Credit issued by such Letter of Credit Issuer.

  • Collateral Agent as defined in the preamble hereto.

  • Issuing Lender means WFF or any other Lender that, at the request of Administrative Borrower and with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender for the purpose of issuing L/Cs or L/C Undertakings pursuant to Section 2.12.