Agent Indemnitee as defined in Section 9.7.
Agent Indemnitee has the meaning assigned to it in Section 9.03(c).
Agent Indemnitee has the meaning assigned to such term in Section 10.7.
Examples of Agent Indemnitee in a sentence
The obligations of the Lenders under this subsection (c) are subject to the provisions of Section 2.12(d).In no event shall any Lender have any obligation hereunder to indemnify or hold harmless an Agent Indemnitee with respect to any Agent Indemnitee Liabilities that are determined in a final, non-appealable judgment by a court of competent jurisdiction to result from the gross negligence or willful misconduct of such Agent Indemnitee.
In the Administrative Agent’s discretion, it may reserve for any Agent Indemnitee Liabilities of an Agent Indemnitee, and may satisfy any judgment, order or settlement relating thereto, from proceeds of Collateral prior to making any distribution of Collateral proceeds to the Secured Parties.
More Definitions of Agent Indemnitee
Agent Indemnitee shall have the meaning specified in Section 10.7 hereof.
Agent Indemnitee means all Affiliates, officers, directors, employees, agents, and attorneys of Agent.
Agent Indemnitee has the meaning specified in Section 14.4.4.
Agent Indemnitee has the meaning specified in Section 10.6 (Indemnification).
Agent Indemnitee has the meaning assigned to such term in Section 9.03(c). “Agent Parties” has the meaning assigned to such term in Section 9.01(c)(ii) “Agents” means the Administrative Agent and the Syndication Agents. “Aggregate Commitments” means, at any time, the aggregate amount of the Commitments of all Lenders at such time. “Aggregate Loans” means, at any time, the sum of the Loans of all Lenders at such time. “Agreement” has the meaning assigned to such term in the preamble hereto. “Agreement Currency” has the meaning assigned to such term in Section 9.15(b). “Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on such day plus ½ of 1% and (c) the Adjusted One Month LIBOR Rate. Any change in the Alternate Base Rate due to a change in the Prime Rate, the NYFRB Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate, the NYFRB Rate or the Adjusted One Month LIBOR Rate, respectively. If the Alternate Base Rate is being used as an alternate rate of interest pursuant to Section 2.11, then the Alternate Base Rate shall be the greater of clause (a) and (b) above and shall be determined without reference to clause (c) above. For the avoidance of doubt, if the Alternate Base Rate as determined pursuant to the foregoing would be less than 1.00%, such rate shall be deemed to be 1.00% for purposes of this Agreement. “Anti-Corruption Laws” has the meaning assigned to such term in Section 3.07. “Applicable Creditor” has the meaning assigned to such term in Section 9.15(b). “Applicable Lending Installation” has the meaning assigned to such term in Section 2.02(e). “Applicable Margin” means, for any day, with respect to any Eurocurrency Loan or ABR Loan, the applicable rate per annum (expressed in basis points) set forth below under the caption “Applicable Margin” based upon the Debt Rating as of such date: Status Debt Rating Applicable Margin – Eurocurrency Loans Applicable Margin – ABR Loans Level I BBB-/ Baa3 or better 1.050% 0.050% Level II BB+/Ba1 or below 1.300% 0.300%
Agent Indemnitee has the meaning assigned to it in Section 10.04(c). “Agreement” shall have the meaning set forth in the preamble. “Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the NYFRB Rate in effect on such day plus ½ of 1% per annum and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1%. For purposes of clause (c) above, the Adjusted LIBO Rate on any day shall be based on the LIBO Screen Rate (or if the LIBO Screen Rate is not available for such one month Interest Period, the Interpolated Rate) at approximately 11:00 a.m., London time, on such day; provided that if such rate shall be less than 2.00%, such rate shall be deemed to be 2.00%. Any change in the Alternate Base Rate due to a change in the Prime Rate, the NYFRB Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate, the NYFRB Rate or the Adjusted LIBO Rate, as the case may be. “Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to any Borrower or any of its Subsidiaries from time to time concerning or relating to bribery, corruption or money laundering. “Applicable Parties” has the meaning assigned to it in Section 9.03(c). “Applicable Rate” means, on any day with respect to Base Rate Loans or Eurocurrency Loans, the applicable per annum percentage set forth in the table shown below: Base Rate Loans Eurocurrency Loans 0.750% 1.750% The Applicable Rate shall be applied by the Agent, and such application shall be conclusive absent manifest error. “Appraised Value” means the amount which represents the net percentage of the Cost of the Borrowers’ Inventory realizable in the event of a liquidation of such Inventory determined from a net orderly liquidation value appraisal of such Inventory undertaken from time to time by an independent appraiser satisfactory to the Agent. “Approved Electronic Platform” has the meaning provided therefor in Section 9.03(a). “Approved Fund” means any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the 2
Agent Indemnitee is defined in Section 12.03(c).