Status of Successor Subordinated Guarantee Agent. Every successor Subordinated Guarantee Agent appointed pursuant to Section 8.7 shall be a bank or financial institution (other than any Administrative Agent (other than the Subordinated Guarantee Agent)) in good standing and having power to act as Subordinated Guarantee Agent hereunder, incorporated under the laws of the United States of America or any State thereof or the District of Columbia and generally recognized as capable of undertaking duties and obligations of the type imposed upon the Subordinated Guarantee Agent hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Dex Media, Inc.), Loan Agreement (Dex Media, Inc.), Loan Agreement (Supermedia Inc.)
