Examples of Bank Agents in a sentence
The provisions of Clause 2 (Amendment and restatement) shall take effect on and from the date on which the New Bank Agents (for and on behalf of the New Bank Beneficiaries) and the Initial Bond Issuer (on behalf of the Initial Bond Beneficiaries) each notifies each other, the Security Trustee and the Original Borrower that the conditions precedent set out in the relevant New Funding Agreements are satisfied.
Amounts held in the accounts and subaccounts created pursuant to this Agreement shall be invested and reinvested by the Collateral Trustee in Authorized Investments as directed in writing (i) by Citizens or (ii) if a Notice of Default Distribution is effective, jointly by all Bank Agents or, if no Credit Agreement is in effect, by the Indenture Trustee.
FI shall pay all out-of-pocket expenses incurred by the Bank Agents and the JAA Security Agent in connection with the preparation, review and negotiation of the Transaction Documents and with the Closing, including, but not limited to, the reasonable fees and disbursements of Cravath, Swaine & Xxxxx, special counsel for the Bank Agents, and Mochtar, Karuwin & Xxxxx, special Indonesian counsel to the Bank Agents and the JAA Security Agent.
Nothing contained herein shall constitute a waiver of, impair or otherwise affect any Obligations, any other obligation of the Borrower or any rights of the Bank Agents or the Banks consequent thereon.