THE COLLATERAL AGENT definition
Examples of THE COLLATERAL AGENT in a sentence
The Collateral Agent shall further provide to the Servicer a statement as to the amount of Interest Collections and Principal Collections on deposit in the Interest Collection Subaccount and the Principal Collection Subaccount no later than three (3) Business Days after each Determination Date for inclusion in the Servicing Report delivered pursuant to Section 6.08(b).
The Collateral Agent may resign at any time by giving not less than ninety (90) days’ written notice thereof to the Administrative Agent.
The Collateral Agent will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation and qualify and remain qualified in good standing in each jurisdiction where failure to preserve and maintain such existence, rights, franchises, privileges and qualification could reasonably be expected to have a Material Adverse Effect.
The Collateral Agent ▇▇▇▇▇▇ accepts such appointment and agrees to perform the duties and obligations with respect thereto set forth herein.
The Collateral Agent will comply in all material respects with all Applicable Law.