Credit Agent definition

Credit Agent means JPMorgan Chase Bank, N.A., in its capacity as administrative agent for the lenders party to the Credit Agreement, or any successor or successors party thereto.

Credit Agent means The Chase Manhattan Bank, in its capacity as administrative agent for the lenders party to the Credit Agreement, and The Chase Manhattan Bank Canada, in its capacity as Canadian administrative agent for the lenders party to the Credit Agreement, or any successor or successors party thereto.

Credit Agent has the meaning set forth in the first paragraph of this Agreement.

Examples of Credit Agent in a sentence

• For purposes of determining Lenders’ obligations to fund or participate in Loans or Letters of Credit, Agent may exclude the Commitments and Loans of any Defaulting Lender(s) from the calculation of Pro Rata shares.

• Upon payment and performance in full of the Secured Obligations and termination of the obligation of the Lenders to make Loans and of Issuing Lender to issue Letters of Credit, Agent shall promptly refund to Grantor any Funds then held by Agent.

• With respect to its participation in the Loans and the Letters of Credit, Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it hereunder, and the term "Lender" or "Lenders" or any similar term shall, unless the context clearly otherwise indicates, include Agent in its individual capacity.

• If the Trustee does not file a proper proof of claim or proof of debt in the form required in any proceeding referred to in Section 6.09 hereof at least 30 days before the expiration of the time of such claim, the Representatives of the Designated Senior Debt, including the Credit Agent, are hereby authorized to file an appropriate claim for and on behalf of the Holders of the Notes.

• In the event Agent elects not to debit Borrower’s account and Borrower fails to reimburse the L/C Issuer in full on the date of any payment in respect of a Letter of Credit, Agent shall promptly notify each Revolving Lender of the amount of such unreimbursed payment and the accrued interest thereon and each Revolving Lender, on the next Business Day prior to 3:00 p.m. (New York time), shall deliver to Agent an amount equal to its Pro Rata Share thereof in same day funds.

More Definitions of Credit Agent

Credit Agent means a person appointed to represent a credit provider as contemplated in section 163, other than an employee of that credit provider;

Credit Agent means, at any time, the then-acting Administrative Agent as defined in and under the Credit Agreement, which initially shall be Credit Agricole Indosuez. The Company shall promptly notify the Trustee of any change in the Credit Agent.

Credit Agent means Bank of America, N.A., in its capacity as agent for the Lenders party to the Credit Agreement, or any successor or successors to such Credit Agent. The term "Credit Agent" shall also include any "collateral agent" or similar agent in its capacity as such under the Credit Agreement.

Credit Agent means the Bank of America, in its capacity as Administrative Agent for the lenders party to the New Credit Facility or any successor thereto or any person otherwise appointed.

Credit Agent means The First National Bank of Chicago, in its capacity as Agent for the lenders party to the New Credit Facility or any successor thereto or any person otherwise appointed.

Credit Agent means JPMorgan Chase Bank, in its capacity as Administrative Agent for the lenders party to the Senior Credit Facilities, or any successor thereto or any person otherwise appointed.

Credit Agent means Congress Financial Corporation, in its capacity as administrative and collateral agent for the lenders party to the Congress Credit Facility or any successor thereto, or any Person at any time becoming the “Senior Credit Agent” under the Intercreditor Agreement pursuant to the terms thereof.