Managing Co-Agent definition
Examples of Managing Co-Agent in a sentence
The Borrower has disclosed to the Lead Agent, Managing Co-Agent and the Banks in writing any and all facts which have or may have (to the extent the Borrower can now reasonably foresee) a Material Adverse Effect.
If the Lead Agent finds any calculation to be incorrect or believes that an Event of Default shall have occurred, the Lead Agent shall notify the Borrower, the Managing Co-Agent and the Banks thereof, within two (2) Domestic Business Days after such determination.
The Lead Agent and the Banks shall not assign their respective interests under this Agreement except as set forth in Section 7.8 (with respect to the Lead Agent and the Managing Co-Agent) and this Article IX (with respect to the Banks).
This indemnification shall be made within 15 days from the date such Bank, the Managing Co-Agent or the Lead Agent (as the case may be) makes demand therefor.
None of the Lead Agent, the Managing Co-Agent nor any of their affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with the consent or at the request of the Required Banks or (ii) in the absence of its own gross negligence or wilful misconduct.
Neither the Lead Agent nor the Managing Co-Agent shall incur any liability by acting in reliance upon any notice, consent, certificate, statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Each Bank acknowledges that it has, independently and without reliance upon the Lead Agent, the Managing Co-Agent or any other Bank, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.
End-User agrees not to hack or disrupt the Services or to make or attempt to make any use of the Services that is inconsistent with its intended purpose.
Nothing herein shall affect the right of the Lead Agent or the Managing Co-Agent to serve process in any other manner permitted by law or to commence legal proceedings or otherwise proceed against the Borrower in any other jurisdiction.
In order to induce the Lead Agent, Managing Co-Agent and each of the other Banks which is or may become a party to this Agreement to make the Loans, the Borrower makes the following representations and warranties as of the Current Closing Date.