Successor Administrative Agent definition

Successor Administrative Agent shall have the meaning set forth in Section 10.6(b) hereof.
Successor Administrative Agent has the meaning assigned to such term in Section 11.04.
Successor Administrative Agent has the meaning set forth in Section 5.6(3) of this Trust Agreement.

Examples of Successor Administrative Agent in a sentence

  • Such Successor Administrative Agent shall thereupon become Administrative Agent hereunder, as applicable, and Administrative Agent shall deliver or cause to be delivered to any successor agent such documents of transfer and assignment as such Successor Administrative Agent may reasonably request.

  • The resigning or removed Administrative Agent shall duly assign, transfer and deliver to such Successor Administrative Agent all moneys at the time held by the resigning or removed Administrative Agent hereunder after deducting therefrom its expenses for which it is entitled to be reimbursed hereunder.

  • Such Successor Administrative Agent shall succeed to all of the rights and obligations of the resigning or removed Administrative Agent as if originally named.

  • If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof, the Required Revolving Credit Lenders may, to the extent permitted by applicable law, by notice in writing to the Borrower and such Person remove such Person as Administrative Agent and, in consultation with the Borrower, appoint a Successor Administrative Agent.

  • If no such Successor Administrative Agent shall have been so appointed by the Required Revolving Credit Lenders and shall have accepted such appointment within thirty (30) days (or such earlier day as shall be agreed by the Required Revolving Credit Lenders) (the “Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date.


More Definitions of Successor Administrative Agent

Successor Administrative Agent has the meaning specified in the introductory paragraph hereto.
Successor Administrative Agent has the meaning specified in Section 10.22(a).
Successor Administrative Agent is defined in the preamble.
Successor Administrative Agent has the meaning set forth in Article IX.
Successor Administrative Agent has the meaning ascribed to such term in Section 12.4.
Successor Administrative Agent shall have the meaning assigned to such term in Section 8.10(a).
Successor Administrative Agent is defined in the preamble hereto.