Administrative Loan Party definition

Administrative Loan Party shall have the meaning given to it in Section 10.26.
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Administrative Loan Party has the meaning specified therefor in Section 17.13 of the Agreement.
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Administrative Loan Party means GHLLC.
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Examples of Administrative Loan Party in a sentence

  • No resignation or purported termination of the appointment of Administrative Loan Party as agent as aforesaid shall be effective, except after five (5) days’ prior written notice to Agent.

  • If such amount is not made available to Agent on the Business Day following the Funding Date, Agent will notify Administrative Loan Party of such failure to fund and, upon demand by Agent, Borrowers shall pay such amount to Agent for Agent’s account, together with interest thereon for each day elapsed since the date of such Borrowing, at a rate per annum equal to the interest rate applicable at the time to the Advances composing such Borrowing.

  • This Agreement shall be binding and deemed effective when executed by Administrative Loan Party, Agent, and each Lender whose signature is provided for on the signature pages hereof.

  • Administrative Loan Party shall give Agent prompt notice of any loss exceeding $500,000 covered by its casualty or business interruption insurance.

  • Each Lender and each Participant shall provide new forms (or successor forms) upon the expiration or obsolescence of any previously delivered forms and to promptly notify Agent and Administrative Loan Party (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify or render invalid any claimed exemption or reduction.

  • Such vacation will ordinarily not be taken immediately before or after holiday periods and will be scheduled by the Employer.

  • Notwithstanding anything contained herein, with respect to any Lender Group Expenses payable hereunder, the Agent shall, prior to the payment of such Lender Group Expenses, provide the Administrative Loan Party (x) in the case of third party expenses, a detailed invoice showing such Lender Group Expenses incurred and (y) in the case of internally generated expenses, a reasonably detailed description of such expenses.

  • If the Administrative Loan Party resigns under this Agreement, the Borrowers shall be entitled to appoint a successor Administrative Loan Party.

  • Consider whetherthe marketplace will look the same five years from now as it does today.

  • Administrative Loan Party shall provide Agent (and if so requested by Agent, with copies for each Lender) with each of the reports set forth on Schedule 5.2 at the times specified therein.


More Definitions of Administrative Loan Party

Administrative Loan Party means Parent, in its capacity as Administrative Loan Party on behalf of itself and the other Borrowers pursuant to Section 2.18 hereof, and its successors and assigns in such capacity.
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Administrative Loan Party has the meaning ascribed thereto in Section 2.13.
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Administrative Loan Party means Constar International, in its capacity as administrative Loan Party on behalf of the Borrowers pursuant to Section 2.13 of the Agreement, and its successors and assigns.
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Administrative Loan Party means Avid Technology, Inc., a Delaware corporation, in its capacity as Administrative Loan Party on behalf of itself, Borrowers and the other Loan Parties pursuant to Section 2.15 hereof, and its successors and assigns in such capacity.
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Related to Administrative Loan Party

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • UK Loan Party and “UK Loan Parties” shall mean any Loan Party or Loan Parties organized or existing under the laws of the United Kingdom, including of England and Wales or Scotland.

  • Administrative Agent as defined in the preamble hereto.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • Administrative Borrower has the meaning set forth in Section 17.9.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Domestic Loan Parties means the Domestic Guarantors.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • Eligible borrower means owners or others having an interest in property situated within the downtown area of a participating city, community development corporations associated with a participating city, Iowa main street program organizations associated with a participating city, community-initiated development groups associated with a participating city, or other organization associated with a participating city for purposes of implementing the Iowa main street program.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Administrative agency or "agency" means each board, bureau, commission, department, or other administrative unit of the executive branch of state government, including one or more officers, employees, or other persons directly or indirectly purporting to act on behalf or under authority of the agency. An administrative unit located within or subordinate to an administrative agency must be treated as part of that agency to the extent it purports to exercise authority subject to this chapter. The term administrative agency does not include:

  • Administrative Agent’s Account means an account at a bank designated by the Administrative Agent from time to time as the account into which the Borrower shall make all payments to the Administrative Agent for the benefit of the Agents and the Lenders under this Agreement and the other Loan Documents.

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Foreign Loan Party means any Loan Party other than a U.S. Loan Party.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Canadian Administrative Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian administrative agent for the Lenders hereunder.