Directing Agent definition

Directing Agent means Citibank, N.A. prior to the Merger Date, or Xxxxxx Xxxxxxx Senior Funding, Inc., as of and after the Merger Date, as the agent for the Collateral Agent under the Senior Credit Facilities Documents, the Collateral Agent under the Collateral Documents relating to the Existing Secured Notes, the Collateral Agent and each additional Authorized Representative (as defined in the Intercreditor Agreement) from time to time party to the Intercreditor Agreement, and any successor thereof or replacement agent appointed in accordance with the terms of the Intercreditor Agreement.
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Directing Agent means Citibank, N.A., as the agent for the collateral agents under the Senior Credit Facilities Documents, the collateral agent under the Collateral Documents relating to the Existing Secured Notes, the Collateral Agent and each additional Authorized Representative (as defined in the Intercreditor Agreement) from time to time party to the Intercreditor Agreement, and any successor thereof or replacement agent appointed in accordance with the terms of the Intercreditor Agreement.
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Directing Agent means Citibank, N.A., as the agent for the collateral agents under the Senior Credit Facilities Documents, the collateral agent under the Collateral Documents relating to the Existing Secured Notes, the Collateral Agent and each additional Authorized Representative from time to time party to the Intercreditor Agreement, and any successor thereof or replacement agent appointed in accordance with the terms of the Intercreditor Agreement.
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Examples of Directing Agent in a sentence

  • The Directing Agent may at any time give notice of its resignation as Directing Agent under this Agreement and the other Collateral Documents to each Authorized Representative and the Borrower.

  • Except for a change to December 31, the Borrower shall not change its fiscal year without the prior written consent of the Directing Agent, such consent not to be unreasonably withheld.

  • Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with Parent or any subsidiary or other Affiliate thereof as if such Person were not the Directing Agent hereunder and without any duty to account therefor to any other Secured Party.

  • The Servicer shall upon the request of the Facility Agent or Requisite Lenders, participate in a meeting of the Directing Agent and Lenders once during each Fiscal Year to be held at the Servicer’s corporate offices (or at such other location as may be agreed to by the Borrower and the Directing Agent) at such time as may be agreed to by the Servicer and the Facility Agent.

  • As between the Secured Parties, the Directing Agent, acting at the direction of the Applicable Authorized Representative shall have the right to adjust or settle any insurance policy or claim covering or constituting Shared Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Shared Collateral.

  • Without limitation to the foregoing, each Grantor agrees to take such further action and to execute and deliver such additional documents and instruments (in recordable form, if requested) as the Directing Agent may reasonably request to effectuate the terms of and the lien priorities contemplated by the Intercreditor Agreement.

  • The Directing Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person.

  • The Borrower shall not agree to, and shall cause the Servicer not to, amend, restate, supplement or modify in any respect the form of Receivables Agreement without providing prior written notice thereof to the Directing Agent, and the Class B Agent (if not the Directing Agent) together with certification from an Authorized Officer of the Borrower certifying that such changes are in accordance with the Credit and Collections Policies and the Requirements of Law.

  • The Directing Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

  • The foregoing shall not be construed to limit the rights and priorities of any Secured Party, the Directing Agent or any Authorized Representative with respect to any Collateral not constituting Shared Collateral.


More Definitions of Directing Agent

Directing Agent has the meaning assigned to such term in the introductory paragraph.
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Directing Agent means Citibank, N.A., as the agent for the collateral agents under the Senior Credit Facilities Documents, the collateral agent
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Directing Agent means (i) before the Total Utilization of Class A Revolving Maximum Amount have been satisfied in full in Cash (whether satisfied by the Borrower, the Class B Agent, any Class B Lender, or any other Person) and the Class A Revolving Maximum Amount has been terminated, the Facility Agent, and (ii) after the Total Utilization of Class A Revolving Maximum Amount has been satisfied in full in Cash (whether satisfied by the Borrower, the Class B Agent, any Class B Lender, or any other Person) and the Class A Revolving Maximum Amount has been terminated, the Class B Agent; provided that, during any enforcement proceedings commenced by the Collateral Agent upon the instruction of the Facility Agent, the Collateral Agent shall keep the Class B Agent fully informed of all such enforcement proceedings. “Discount Option Collections” means on any day occurring on or after the initial Discount Option Date, the product of (i) the Discount Option Percentage and (ii) Collections of all Receivables that are Principal Receivables or would otherwise be Principal Receivables received on such day. “Discount Option Date” means each date on which a Discount Option Percentage designated by the Seller pursuant to Section 2.19 takes effect. “Discount Option Percentage” has the meaning specified in subsection 2.19(a). “Discount Option Receivables” has the meaning specified in subsection 2.19(a). “Distribution Date” means the fourth (4th) Business Day of each calendar week. “Dollars” and the sign “$” mean the lawful money of Canada. “Early Amortization Event” means the occurrence of any of the following events:
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Directing Agent means (i) before the Total Utilization of Class A Revolving Maximum Amount have been satisfied in full in Cash (whether satisfied by the Borrower, the Class B Agent, any Class B
Sample 1
Directing Agent means (i) before the Total Utilization of Class A Revolving Maximum Amount have been satisfied in full in Cash (whether satisfied by the Borrower, the Class B Agent, any Class B Lender, or any other Person) and the Class A Revolving Maximum Amount has been terminated, the Facility Agent, and (ii) after the Total Utilization of Class A Revolving Maximum Amount has been satisfied in full in Cash (whether satisfied by the Borrower, the Class B Agent, any Class B Lender, or any other Person) and the Class A Revolving Maximum Amount has been terminated, the Class B Agent; provided that, during any enforcement proceedings commenced by the Collateral Agent upon the instruction of the Facility Agent, the Collateral Agent shall keep the Class B Agent fully informed of all such enforcement proceedings.
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Related to Directing Agent

  • Contracting agent means the governing body of a

  • Issuing Agent means Pareto Securities AB, or another party replacing it, as Issuing Agent, in accordance with these Terms and Conditions.

  • Instructing Party shall have the meaning assigned to such term in Section 6.3(a).

  • Directing Certificateholder means the “Controlling Class Certificateholder” or other analogous term as defined in the Lead Securitization Servicing Agreement.

  • Directing Holder means the Holder of Note A-1 or, if Note A-1 is included in a Securitization, the holders of Certificates issued in connection with such Securitization representing the specified interest in the class of Certificates designated as the “Controlling Class” or the duly appointed representative of the holders of such Certificates or such other party that the Note A-1 Holder grants the right to exercise the rights granted to the Directing Holder in this Agreement; provided, that no Borrower Party shall be entitled to act as Directing Holder.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Information Agent The meaning specified in Section 14.16.

  • Depositary Agent shall have the meaning set forth in Section 7(c) hereof.

  • Construction Agent means the Lessee, as construction agent under the Construction Agency Agreement.

  • Verification Agent As defined in Section 3.28.

  • Agent means any Registrar or Paying Agent.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Existing Agent has the meaning assigned to such term in the recitals hereto.

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Fiscal Agent means the Fiscal Agent, if any, designated pursuant to the terms of the Policy.

  • Dissemination Agent means the Trustee, acting in its capacity as Dissemination Agent, or any successor Dissemination Agent designated in writing by the City and which has filed with the Trustee a written acceptance of such designation.

  • Voting Agent means Logan & Company, Inc.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Issuer Representative means the Chairman of the Board of the Issuer or such other person at the time, and from time to time, designated by written certificate of the Issuer furnished to the Borrower containing the specimen signature of such person and signed on behalf of the Issuer by its Chairman. Such certificate shall designate an alternate or alternates, any of whom may act at any time as Issuer Representative.

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • Managing Agent means a person authorized by the landlord to act on behalf of the landlord under

  • Managing Agents as defined in the preamble hereto.

  • Chelating agent means amine polycarboxylic acids, hydroxycarboxylic acids, gluconic acid, and polycarboxylic acids.

  • Agency Representative A person assigned by a primary, assisting, or cooperating federal, state, local, or tribal government agency or private entity that has been delegated authority to make decisions affecting that agency’s or organization’s participation in incident management activities following appropriate consultation with the leadership of that agency. Area: The lands in a described geographic area that are managed and/or protected by the Parties within this Agreement.