Resigning Administrative Agent definition

Resigning Administrative Agent has the meaning set forth in Article IX.
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Resigning Administrative Agent means Credit Suisse, Cayman Islands Branch, as Administrative Agent under the Existing Credit Agreement.
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Resigning Administrative Agent means Bank One.
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Examples of Resigning Administrative Agent in a sentence

  • Bank of America, N.A., in its individual capacity and in its capacity as the Successor Administrative Agent, shall bear no responsibility or liability for any actions taken or omitted to be taken by JPMorgan Chase Bank, N.A. in its capacity as the Resigning Administrative Agent, or otherwise under the Credit Agreement and the other Loan Documents or the transactions contemplated thereby.

  • The fees payable by the Company to the Replacement Administrative Agent shall be the same as those payable to the Resigning Administrative Agent unless otherwise agreed between the Company and the Replacement Administrative Agent.

  • If no Replacement Administrative Agent shall have been so appointed by the Company (or, if applicable, the Required Lenders) and shall have accepted such appointment within 30 days after the Resigning Administrative Agent gives notice of its resignation, then the Resigning Administrative Agent may (but shall not be obligated to), on behalf of the Lenders, appoint the Replacement Administrative Agent which shall be a bank with an office in New York, or an Affiliate of any such bank.

  • If within 30 days after the Resigning Administrative Agent gives notice of its resignation, neither the Borrower (nor, if applicable, the Required Lenders) nor the Administrative Agent have appointed a Replacement Administrative Agent, the Required Lenders shall be deemed to have succeeded to and become vested with all the rights, powers, privileges and duties of the Resigning Administrative Agent and the Resigning Administrative Agent shall be discharged from its duties and obligations hereunder.

  • Upon the acceptance of its appointment as an Administrative Agent hereunder by the Replacement Administrative Agent, the Replacement Administrative Agent shall succeed to and become vested with all the rights, powers, privileges and duties of the Resigning Administrative Agent, and the Resigning Administrative Agent shall be discharged from its duties and obligations hereunder.

  • References in this Amendment to the “Administrative Agent” mean, for all periods prior to the Effective Date and on the effectiveness of this Amendment, the Resigning Administrative Agent, and from and after the effectiveness of this Amendment, the Successor Administrative Agent.

  • Resigning Administrative Agent and successor Administrative Agent shall have received payment of all out-of-pocket fees and expenses (including reasonable attorneys' fees and expenses) incurred by resigning Administrative Agent and successor Administrative Agent in connection with the preparation, negotiation and execution of this Amendment and the other documents in connection herewith.

  • An analysis of teachers’ comments reveals that a great majority of teachers’ comments (1116 out 1150; that is about 97%) focused on surface changes.

  • After the Resigning Administrative Agent’s resignation hereunder, the provisions of this Article and Section 10.03 shall continue in effect for the benefit of the Resigning Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while it was acting as an Administrative Agent.

  • Administrative Agent shall have received Schedule 6.10 to the Credit Agreement, updated to contain all information required by Section 6.10 of the Credit Agreement to have been delivered by Borrower to Resigning Administrative Agent since the Closing Date.


More Definitions of Resigning Administrative Agent

Resigning Administrative Agent. Royal Bank of Canada, as administrative agent under the Loan Documents immediately prior to the Amendment No. 6 Effective Date.
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Related to Resigning Administrative Agent

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Canadian Administrative Agent means Royal Bank of Canada in its capacity as Canadian administrative agent for the lenders party to the Canadian Credit Agreement and any successor thereto.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Administrative Agent’s Office means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders.

  • Administrative Agents the collective reference to the General Administrative Agent and the Canadian Administrative Agent.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Administrative Agent's Payment Office means the address for payments set forth on the signature pages hereof in relation to the Administrative Agent or such other address as the Administrative Agent may from time to time specify in accordance with Section 10.01.

  • Administrative agency or "agency" means each board, bureau, commission, department, or other administrative unit of the executive branch of state government, including one or more officers, employees, or other persons directly or indirectly purporting to act on behalf or under authority of the agency. An administrative unit located within or subordinate to an administrative agency must be treated as part of that agency to the extent it purports to exercise authority subject to this chapter. The term administrative agency does not include:

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of October 17, 1997, between the Agent and the Borrower, as amended, modified, supplemented or replaced from time to time.

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Canadian Agent as defined in the preamble hereto.

  • Administrative Agent-Related Persons means Administrative Agent (including any successor agent), together with its Affiliates and the officers, directors, employees, agents and attorneys-in-fact of such Persons and Affiliates.

  • LC Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • 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.

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.