Examples of Senior Lien Administrative Agent in a sentence
Upon the occurrence of an Event of Default (which is not waived in writing by the Lender or cured to the satisfaction of the Lender) and on notice from the Lender, the Obligors agree to ensure that all returned, reclaimed or repossessed merchandise or goods shall be set aside by the Obligors, marked with the Senior Lien Administrative Agent's and the Lender's names (as secured parties) and held by the Obligors for the account of the Lender and the Senior Lien Administrative Agent.
This policy would’ve removed the risk of prosecution under the protection of the state laws (Lampe, 2021, p.
The Lender shall be satisfied with all arrangements relating to the establishment of an account subject to the lien created by the Senior Lien Financing Agreement and the control of the Senior Lien Administrative Agent, with a depository institution satisfactory to the Lender, established for amounts that the Companies may be required to maintain as cash Collateral pursuant to the Senior Lien Financing Agreement (the "Cash Collateral Account").
Unfortunately, no paper poppies would be on sale in the High Street or from local businesses as usual, but poppies would be available in Sainsbury’s, Aldi, Morrisons and Tesco, and volunteers would run collection stands in other supermarkets and sites where possible.
WXXXX FARGO FOOTHILL, INC., as the Senior Lien Administrative Agent By: /s/Pxxxxxx XxXxxxxxx Name: Pxxxxxx XxXxxxxxx Title: V.P. U.S. BANK NATIONAL ASSOCIATION, as the Subordinated Lien Creditor Representative By: /s/Rxxxxxx X.
The Borrower shall deliver to the Lender annual reports and quarterly reports as and when delivered to the Senior Lien Administrative Agent pursuant to Section 5.1 of the Senior Lien Credit Agreement.
In addition, nothing in this Agreement shall be deemed to affect, prejudice, modify or limit any of your agreements with the Senior Lien Administrative Agent or the Senior Xxxx Lenders, as applicable, under the Financing Agreement or the Intercreditor Agreement as to what rights and remedies you, the Senior Lien Administrative Agent or the Senior Lien Lenders may have, the order in which you or they may elect to exercise them or as to the conditions to their exercise.
The Junior Lien Administrative Agent and each Junior Secured Party agrees that it shall take such further action and shall execute and deliver to the Senior Lien Administrative Agent and the Senior Secured Party such additional documents and instruments (in recordable form, if requested) as the Senior Lien Administrative Agent may reasonably request to effectuate the terms of and the Lien priorities contemplated by, this Agreement.
Until the Discharge of Senior Lien Obligations, the Senior Lien Administrative Agent shall have the right, but not the obligation, to vote the claim of any Junior Secured Party in any Insolvency Proceeding if such Junior Secured Party has not voted its claim on or prior to 10 days before the expiration of the time to vote any such claim.
Each of the Obligors and each of their subsidiaries shall have used its best efforts to cause each Existing Lender, or if applicable, its agent, to assign its rights under the concentration accounts existing on the date of this Financing Agreement to the Senior Lien Administrative Agent.