Obligated Group Agent definition

Obligated Group Agent means the Corporation, acting through its governing board, its chief executive officer, its chief financial officer or its other duly authorized officers acting pursuant to duly delegated authority, or such other Member of the Obligated Group from time to time designated as the Obligated Group Agent in an Officer’s Certificate delivered to the Master Trustee, each Related Bond Trustee and the Purchaser, as applicable.

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Obligated Group Agent has the meaning set forth in the Master Indenture. “Outstanding Principal Amount” means the outstanding and unpaid principal of the Bonds. “Performance Margin” means, [ ].

Obligated Group Agent means the Corporation or such other person or entity that from time to time is designated to act as agent and representative of the Obligated Group under the Master Indenture.

Examples of Obligated Group Agent in a sentence

Neither the Obligated Group Agent, on behalf of itself and the other Members of the Obligated Group, may assign or otherwise transfer or delegate any of its rights or obligations hereunder or under the other Bond Documents without the prior written consent of the Purchaser.
The Purchaser shall deliver notice to the Obligated Group Agent identifying the proposed Participant, the percentage participation of the proposed Participant and a copy of the participation agreement and/or any other agreement pursuant to which the participation shall be granted.
The representations and warranties of the Corporation (including as Obligated Group Agent on behalf of itself and each Member of the Obligated Group) set forth in this Article IV shall survive the termination of this Agreement.
The costs of any participation shall not be paid by the Obligated Group Agent, and in no event shall the Obligated Group Agent become subject to the terms of Rule 15c2-12 of the Securities Exchange Act of 1934, as amended, as a result of such participation.
In the event of changes to GAAP which become effective after the Effective Date, the Corporation, as Obligated Group Agent on behalf of itself and each Member of the Obligated Group, and the Purchaser agree to negotiate in good faith appropriate revisions of this Agreement so as to perpetuate the meaning and effect of such provisions as originally negotiated and agreed upon.
Each of the Bond Documents is (or will be, when executed) in full force and effect as to the Corporation, as Obligated Group Agent on behalf of itself and each Member of the Obligated Group, and the other Members with respect to the Bond Documents to which they are a party.
The Corporation, as Obligated Group Agent on behalf of itself and each Member of the Obligated Group, makes each of the representations and warranties contained in the Bond Documents to which it is a party to, and for the benefit of, the Purchaser as if the same were set forth at length in this Article IV, together with all applicable definitions thereto.
In accordance with Section 5.7(D) of the Trust Indenture, if the Obligated Group or one of its Affiliates acquires Bonds through direct purchase from a Holder, the Obligated Group Agent shall promptly notify the Bond Trustee.
Each Member of the Obligated Group has full right and authority to enter into the Related Documents executed by it and to perform all of its obligations under the Related Documents executed by the Borrower, the Parent Corporation, or the Obligated Group Agent, as applicable, on behalf of itself and the other Members of the Obligated Group.
The obligations of the Obligated Group Agent, on behalf of the Obligated Group, under this Agreement constitute "Indebtedness" incurred under (and as defined in) the Master Indenture.

More Definitions of Obligated Group Agent

Obligated Group Agent means the Corporation or such other Member as may be designated from time to time pursuant to the Master Indenture, with prior written notice to the Purchaser; provided, however, that failure to provide such notice shall not be a default hereunder or make the designation ineffective.

Obligated Group Agent is hereby replaced in each place it appears throughout the Agreement with the term “Credit Group Representative.”

Obligated Group Agent means the Obligated Group Agent under and as defined in the Master Trust Indenture; which, on the date hereof, is the Parent Corporation.

Obligated Group Agent means Do Good Foods Facilities Management LLC, a Delaware limited liability company, and its successors and assigns, including, without limitation, any other Member of the Obligated Group that shall have been designated to assume the responsibilities of the Obligated Group Agent pursuant to this Master Indenture.

Obligated Group Agent means the Corporation, in its capacity to act on behalf of the Obligated Group in accordance with the terms of the Master Indenture, and any successor Obligated Group Agent appointed pursuant to the terms of the Master Indenture.

Obligated Group Agent means the Corporation or such other Member as may be designated from time to time pursuant to written notice to the Master Trustee, executed by the President or Chairman of the Governing Body of the Corporation or, if the Corporation is no longer a Member of the Obligated Group, of each Member of the Obligated Group.