Examples of Second Lien Administrative Agent in a sentence
The Second Lien Administrative Agent shall not be required to give any bond, surety or other security for the performance of its duties with respect to its administration of any distributions.
Reference is made to the Intercreditor Agreement dated as of even date herewith (as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among the Borrower, Xxxxx Fargo Bank, N.A., as First Lien Administrative Agent (as defined therein), and Xxxxx Fargo Energy Capital, Inc., as Second Lien Administrative Agent (as defined therein).
The Second Lien Administrative Agent, for itself and on behalf of the other Second Lien Secured Parties, hereby waives any and all rights the Second Lien Secured Parties may now or hereafter have under applicable law to revoke this Agreement or any of the provisions of this Agreement.
Upon delivery by the Post-Effective Date Debtor of the distributions in conformity with Section 4.3 hereof to the Second Lien Administrative Agent, the Post-Effective Date Debtor shall be released of all liability with respect to the delivery of such distributions.
The Second Lien Administrative Agent shall be the disbursing agent for the Allowed Second Lien Holder Claims.