Examples of Facility Agent in a sentence
Each Loan Party and the Servicer agrees to render to the Facility Agent such clerical and other assistance as may be reasonably requested with regard to the foregoing; provided, that, such assistance shall not interfere in any material respect with the Servicer’s business and operations.
Such Loan Party shall not merge or consolidate with any other Person or permit any other Person to become the successor to all or substantially all of its business or assets without the prior written consent of the Facility Agent in its sole discretion.
The Collateral Custodian may rely conclusively on and shall be fully protected in acting upon (a) the written instructions of any designated officer of the Facility Agent or (b) the verbal instructions of the Facility Agent.
Such other approvals, documents, opinions, certificates and reports as the Facility Agent may reasonably request.
The Servicer shall give prior written notice of any merger to the Facility Agent; provided that, prior written notice shall be deemed provided pursuant to this Section 7.5(i) upon any public announcement by the Servicer or any party to a Permitted BDC Merger, including any announcement of a proposed merger or definitive merger agreement.