Examples of Term Loan A-1/Revolver Administrative Agent in a sentence
Each such notice shall be irrevocable, shall specify the requested date (which shall be a Business Day) and amount of the requested Swingline Loan and shall be confirmed promptly by hand delivery or facsimile to the Term Loan A-1/Revolver Administrative Agent of a written Swingline Borrowing Request in substantially the form of Exhibit B-2 attached hereto and signed by the Borrower.
Each Lender then holding a Revolving Commitment shall comply with its obligation under this Section 2.5(c) by wire transfer of immediately available funds, in the same manner as provided in Section 2.7 with respect to Loans made by such Lender (and Section 2.7 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Term Loan A-1/Revolver Administrative Agent shall promptly pay to the Swingline Lender the amounts so received by it from the Lenders.
References to “applicable” Administrative Agent shall mean, when referring to a Term A-2 Loan or Term A-2 Lender, the Term Loan A-2 Administrative Agent and when referring to the Term A-1 Loans, the Revolving Loans, the Revolving Commitments, the Term A-1 Lenders, the Revolving Lenders, Swingline Loans and Swingline Lenders, the Term Loan A-1/Revolver Administrative Agent.
The banks undertook to underwrite the placement of the new shares.
Reference is made to that certain Amended and Restated Credit Agreement, dated as of August 1, 2016 (as the same may be amended, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), by and among the Borrower, the lenders from time to time party thereto (the “Lenders”), the Term Loan A-1/Revolver Administrative Agent and the Term Loan A-2 Administrative Agent.
The Term Loan A-1/Revolver Administrative Agent will promptly advise the Swingline Lender of any such notice received from the Borrower.
Each of the Revolving Lenders and Term A-1 Lenders hereby irrevocably appoints Xxxxx Fargo to act on its behalf as the Term Loan A-1/Revolver Administrative Agent hereunder and under the other Loan Documents and authorizes the Term Loan A-1/Revolver Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Term Loan A-1/Revolver Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.
The Person serving as the Term Loan A-1/Revolver Administrative Agent or Term Loan A-2 Administrative Agent hereunder, as the case may be, shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as an Administrative Agent hereunder in its individual capacity.
To request a Swingline Loan, the Borrower shall notify the Term Loan A-1/Revolver Administrative Agent of such request by telephone (confirmed by facsimile), not later than 1:00 p.m. Charlotte, North Carolina time, on the day of a proposed Swingline Loan.
Financial system stability remained sound, bolstered by strong buffers of solvency and liquidity, both in place before the pandemic, (BI annual report, 2020).