Purchaser Agent definition
Examples of Purchaser Agent in a sentence
Such other information (including non-financial information) as the Administrator or any Purchaser Agent may from time to time reasonably request.
Such reduction (other than a reduction of the Swingline Sub-Limit) shall, unless otherwise agreed to in writing by the U.S. SPE, the Administrator and each Purchaser Agent be applied ratably to reduce the Commitment of each Purchaser Group.
In performing its functions and duties hereunder, each Purchaser Agent shall act solely as the agent of its respective Purchaser and does not assume nor shall be deemed to have assumed any obligation or relationship of trust or agency with or for any SPE, any Servicer, any other Purchaser, any other Purchaser Agent or the Administrator, or any of their respective successors and assigns.
Upon the assignment of any portion of its interest in the Purchased Interest and its rights and interests hereunder (including its rights to receive payments of Capital, Discount and Fees), the assignee shall have all of the rights hereunder with respect to such interest (except that the Discount therefor shall thereafter accrue at the rate, determined with respect to the assigning Conduit Purchaser unless the SPEs, the related Purchaser Agent and the assignee shall have agreed upon a different Discount).
Furthermore, no Purchaser shall have any rights as a third-party beneficiary or otherwise under any of the provisions hereof in respect of a Purchaser Agent which is not the Purchaser Agent for such Purchaser.