Examples of Successor Administrative Agent in a sentence
If you have changed the system defaulted repayment schedules, the Successor Administrative Agent.
AGENTS 121 9.1. Appointment of Agents 121 9.2. Powers and Duties 122 9.3. General Immunity 122 9.4. Agents Entitled to Act as Lender 123 9.5. Lenders’ Representations, Warranties and Acknowledgment 124 9.6. Right to Indemnity 124 9.7. Successor Administrative Agent, Collateral Agent and Swing Line Lender 125 9.8. Collateral Documents and Guaranty 126 9.9. Withholding Taxes 128 9.10.
Upon the earlier of the acceptance of any appointment as Administrative Agent by a Successor Administrative Agent or the effective date of the resigning Administrative Agent’s resignation, the resigning Administrative Agent shall be discharged from its duties and obligations under this Agreement and the other Credit Documents, except that any indemnity rights or other rights in favour of such resigning Administrative Agent shall continue.
The Successor Administrative Agent may also require that any such documents and signatures delivered by telecopy or other electronic image scan transmission be confirmed by a manually signed original thereof; provided that the failure to request or deliver the same shall not limit the effectiveness of any document or signature delivered by telecopy or other electronic image scan transmission.
Successor Administrative Agent........................................................................