{"component": "clause", "props": {"groups": [{"samples": [{"hash": "cIC5Twbo4nf", "uri": "/contracts/cIC5Twbo4nf#term-loan-agent", "label": "Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)", "score": 36.9945242984, "published": true}, {"hash": "gDp0oNVn3VK", "uri": "/contracts/gDp0oNVn3VK#term-loan-agent", "label": "Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)", "score": 35.1546897888, "published": true}], "snippet_links": [{"key": "finance-llc", "type": "definition", "offset": [22, 33]}, {"key": "successors-and-assigns", "type": "clause", "offset": [42, 64]}, {"key": "replacement-administrative-agent", "type": "clause", "offset": [72, 104]}, {"key": "with-respect-to", "type": "clause", "offset": [105, 120]}, {"key": "term-loan-debt", "type": "clause", "offset": [125, 139]}], "snippet": "Stonebriar Commercial Finance LLC and its successors and assigns or any replacement administrative agent with respect to the Term Loan Debt.", "size": 2, "hash": "c02164f748b959f190d5a0335a648943", "id": 1}, {"samples": [{"hash": "bICjxgjvmEW", "uri": "/contracts/bICjxgjvmEW#term-loan-agent", "label": "Fifth Amendment to Second Amended and Restated Credit Agreement (Stage Stores Inc)", "score": 29.2806301117, "published": true}], "snippet_links": [{"key": "term-loan-lender", "type": "clause", "offset": [5, 21]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [86, 124]}, {"key": "the-term-loan", "type": "clause", "offset": [142, 155]}, {"key": "to-enter", "type": "definition", "offset": [162, 170]}, {"key": "the-loan-documents", "type": "clause", "offset": [176, 194]}, {"key": "a-party", "type": "clause", "offset": [210, 217]}, {"key": "actions-as-agent", "type": "clause", "offset": [315, 331]}, {"key": "to-exercise", "type": "clause", "offset": [350, 361]}, {"key": "the-terms", "type": "clause", "offset": [446, 455]}, {"key": "agent-shall", "type": "definition", "offset": [561, 572]}, {"key": "no-duties", "type": "clause", "offset": [578, 587]}, {"key": "in-this-agreement", "type": "clause", "offset": [628, 645]}, {"key": "remaining-loan-documents", "type": "definition", "offset": [654, 678]}, {"key": "fiduciary-relationship", "type": "definition", "offset": [702, 724]}, {"key": "no-implied-covenants", "type": "clause", "offset": [746, 766]}], "snippet": "Each Term Loan Lender hereby (i) designates \u2587\u2587\u2587\u2587\u2587 Fargo as Term Loan Agent under this Agreement and the other Loan Documents, (ii) authorizes the Term Loan Agent to enter into the Loan Documents to which it is a party and (iii) authorizes the Term Loan Agent, at its discretion, to take or refrain from taking such actions as agent on its behalf and to exercise or refrain from exercising such powers under the Loan Documents as are delegated by the terms hereof or thereof, as appropriate, together with all powers reasonably incidental thereto. The Term Loan Agent shall have no duties or responsibilities except as set forth in this Agreement and the remaining Loan Documents, nor shall it have any fiduciary relationship with any Lender, and no implied covenants, responsibilities, duties, obligations, or liabilities shall be read into the Loan Documents or otherwise exist against the Term Loan Agent.", "size": 1, "hash": "8a3b02f5efe290d66afb3d1844569ee2", "id": 2}, {"samples": [{"hash": "dvmGTyChvnB", "uri": "/contracts/dvmGTyChvnB#term-loan-agent", "label": "Loan and Security Agreement (New York & Company, Inc.)", "score": 25.9418201447, "published": true}], "snippet_links": [{"key": "each-term", "type": "clause", "offset": [4, 13]}, {"key": "to-act", "type": "definition", "offset": [80, 86]}, {"key": "agent-hereunder", "type": "clause", "offset": [100, 115]}, {"key": "other-financing-agreements", "type": "clause", "offset": [130, 156]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [234, 257]}, {"key": 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"definition", "offset": [2529, 2539]}, {"key": "investments-in", "type": "clause", "offset": [2584, 2598]}, {"key": "engage-in-any", "type": "definition", "offset": [2613, 2626]}, {"key": "kind-of-business", "type": "clause", "offset": [2627, 2643]}, {"key": "subsidiaries-or-affiliates", "type": "clause", "offset": [2675, 2701]}, {"key": "approved-funds", "type": "definition", "offset": [2781, 2795]}, {"key": "fees-and-other-consideration", "type": "clause", "offset": [2807, 2835]}, {"key": "subsidiaries-and-affiliates", "type": "definition", "offset": [2882, 2909]}, {"key": "for-services", "type": "clause", "offset": [2910, 2922]}, {"key": "in-connection-with", "type": "clause", "offset": [2923, 2941]}, {"key": "account-for-the", "type": "clause", "offset": [2988, 3003]}, {"key": "to-lenders", "type": "definition", "offset": [3009, 3019]}, {"key": "agent-shall", "type": "definition", "offset": [3143, 3154]}, {"key": "in-all-cases", "type": "clause", "offset": [3155, 3167]}, {"key": "further-assurances", "type": "clause", "offset": [3266, 3284]}, {"key": "indemnification-obligations", "type": "definition", "offset": [3337, 3364]}, {"key": "section-12", "type": "definition", "offset": [3371, 3381]}, {"key": "upon-thirty", "type": "clause", "offset": [3569, 3580]}, {"key": "notice-to-agent", "type": "clause", "offset": [3592, 3607]}, {"key": "required-term-loan-lenders", "type": "definition", "offset": [3685, 3711]}, {"key": "successor-agent", "type": "clause", "offset": [3761, 3776]}, {"key": "no-successor", "type": "clause", "offset": [3803, 3815]}, {"key": "effective-date-of-the", "type": "clause", "offset": [3848, 3869]}, {"key": "agent-from", "type": "definition", "offset": [4005, 4015]}, {"key": "acceptance-by-the", "type": "clause", "offset": [4050, 4067]}, {"key": "the-rights", "type": "clause", "offset": [4191, 4201]}, {"key": "duties-of-the", "type": "clause", "offset": [4214, 4227]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [4569, 4595]}, {"key": "actions-taken", "type": "clause", "offset": [4636, 4649]}, {"key": "agent-under-this-agreement", "type": "clause", "offset": [4690, 4716]}, {"key": "days-after", "type": "definition", "offset": [4817, 4827]}, {"key": "notice-of-resignation", "type": "definition", "offset": [4869, 4890]}, {"key": "become-effective", "type": "clause", "offset": [4963, 4979]}], "snippet": "(a) Each Term Loan Lender irrevocably designates, appoints and authorizes \u2587\u2587\u2587\u2587\u2587 to act as Term Loan Agent hereunder and under the other Financing Agreements with such powers as are specifically delegated to the Term Loan Agent by the terms of this Agreement and of the other Financing Agreements, together with such other powers as are reasonably incidental thereto. Term Loan Agent (i) shall have no duties or responsibilities except those expressly set forth in this Agreement and in the other Financing Agreements, and shall not by reason of this Agreement or any other Financing Agreement be a trustee or fiduciary for any Term Loan Lender; (ii) shall not be responsible to the Term Loan Lenders for any recitals, statements, representations or warranties contained in this Agreement or in any of the other Financing Agreements, or in any certificate or other document referred to or provided for in, or received by any of them under, this Agreement or any other Financing Agreement, or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Financing Agreement or any other document referred to or provided for herein or therein or for any failure by any Borrower or any Guarantor or any other Person to perform any of its obligations hereunder or thereunder; and (iii) shall not be responsible to the Term Loan Lenders for any action taken or omitted to be taken by it hereunder or under any other Financing Agreement or under any other document or instrument referred to or provided for herein or therein or in connection herewith or therewith, except for its own gross negligence or willful misconduct as determined by a final non-appealable judgment of a court of competent jurisdiction. Term Loan Agent may employ agents and attorneys-in-fact and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.\n(b) With respect to its Commitment and the Term Loans made by it (and any successor acting as Term Loan Agent), so long as \u2587\u2587\u2587\u2587\u2587 shall be a Lender hereunder, it shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not acting as Term Loan Agent, and the terms \u201cLender\u201d, \u201cLenders\u201d, \u201cTerm Loan Lender\u201d or \u201cTerm Loan Lenders\u201d shall, unless the context otherwise indicates, include \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 in its individual capacity as Lender hereunder. \u2587\u2587\u2587\u2587\u2587 (and any successor acting as Term Loan Agent) and its Affiliates may (without having to account therefor to any Lender) lend money to, make investments in and generally engage in any kind of business with Borrowers (and any of its Subsidiaries or Affiliates) as if it were not acting as Term Loan Agent, and \u2587\u2587\u2587\u2587\u2587 and its Affiliates and Approved Funds may accept fees and other consideration from any Borrower or Guarantor and any of its Subsidiaries and Affiliates for services in connection with this Agreement or otherwise without having to account for the same to Lenders.\n(c) Except for action expressly required of Term Loan Agent hereunder and under the other Financing Agreements, Term Loan Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction from Term Loan Lenders of their indemnification obligations under Section 12.5 hereof against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action.\n(d) Term Loan Agent may resign as Term Loan Agent upon thirty (30) days\u2019 notice to Agent, Lenders and Borrowers. If Term Loan Agent resigns under this Agreement, the Required Term Loan Lenders shall appoint from among the Term Loan Lenders a successor agent for Term Loan Lenders. If no successor agent is appointed prior to the effective date of the resignation of Term Loan Agent, Term Loan Agent may appoint, after consulting with Term Loan Lenders, Agent and Borrowers, a successor agent from among Term Loan Lenders. Upon the acceptance by the Term Loan Lender so selected of its appointment as successor agent hereunder, such successor agent shall succeed to all of the rights, powers and duties of the retiring Term Loan Agent and the term \u201cTerm Loan Agent\u201d as used herein and in the other Financing Agreements shall mean such successor agent and the retiring Term Loan Agent\u2019s appointment, powers and duties as Term Loan Agent shall be terminated. After any retiring Term Loan Agent\u2019s resignation hereunder as Term Loan Agent, the applicable provisions of this Section 12 shall inure to its benefit as to any actions taken or omitted by it while it was Term Loan Agent under this Agreement. If no successor agent has accepted appointment as Term Loan Agent by the date which is thirty (30) days after the date of a retiring Term Loan Agent\u2019s notice of resignation, the retiring Term Loan Agent\u2019s resignation shall nonetheless thereupon become effective and Lenders shall perform all of the duties of Term Loan Agent hereunder until such time, if any, as the Required Term Loan Lenders appoint a successor agent as provided for above.", "size": 1, "hash": "b5109d5d1e98e687c94d6af34a8b85c6", "id": 3}, {"samples": [{"hash": "3nv0zwraCHD", "uri": "/contracts/3nv0zwraCHD#term-loan-agent", "label": "Credit Agreement (Coldwater Creek Inc)", "score": 23.5297737122, "published": true}], "snippet_links": [{"key": "notwithstanding-the", "type": "definition", "offset": [0, 19]}, {"key": "repayment-of-the-obligations", "type": "clause", "offset": [20, 48]}, {"key": "the-term-loan", "type": "clause", "offset": [55, 68]}, {"key": "prior-to", "type": "definition", "offset": [81, 89]}, {"key": "giving-effect-to-this", "type": "clause", "offset": [90, 111]}, {"key": "the-credit-agreement", "type": "clause", "offset": [139, 159]}, {"key": "as-amended", "type": "definition", "offset": [161, 171]}, {"key": "upon-the-effectiveness-of-this-amendment", "type": "clause", "offset": [212, 252]}, {"key": "pursuant-to-section", "type": "definition", "offset": [328, 347]}, {"key": "obligations-under-the-loan-documents", "type": "clause", "offset": [428, 464]}, {"key": "rights-and-privileges", "type": "clause", "offset": [572, 593]}, {"key": "the-agents", "type": "definition", "offset": [606, 616]}, {"key": "article-ix", "type": "clause", "offset": [647, 657]}, {"key": "continue-in-effect", "type": "clause", "offset": [724, 742]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [743, 761]}, {"key": "related-parties", "type": "clause", "offset": [818, 833]}, {"key": "in-respect-of", "type": "clause", "offset": [834, 847]}, {"key": "actions-taken", "type": "clause", "offset": [852, 865]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [980, 1018]}], "snippet": "Notwithstanding the repayment of the Obligations under the Term Loan (as defined prior to giving effect to this Amendment) and anything in the Credit Agreement (as amended by this Amendment) to the contrary:\n(a) upon the effectiveness of this Amendment, \u2587\u2587\u2587\u2587\u2587 Fargo Credit shall have effectively resigned as the Term Loan Agent pursuant to Section 9.06 of the Credit Agreement and shall be discharged from all of its duties and obligations under the Loan Documents; and\n(b) from and after the effectiveness of this Amendment, \u2587\u2587\u2587\u2587\u2587 Fargo Credit shall continue to have all rights and privileges afforded to the Agents pursuant to the provisions of Article IX and Section 10.04 of the Credit Agreement, which provisions shall continue in effect for the benefit of \u2587\u2587\u2587\u2587\u2587 Fargo Credit, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while \u2587\u2587\u2587\u2587\u2587 Fargo Credit was acting as the Term Loan Agent under the Credit Agreement and the other Loan Documents.", "size": 1, "hash": "ea8b21a40dcbd7b88f5a78379d065bda", "id": 4}, {"samples": [{"hash": "9EdyvHsHDnE", "uri": "/contracts/9EdyvHsHDnE#term-loan-agent", "label": "Amendment Agreement (Ivc Industries Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "chase-manhattan", "type": "definition", "offset": [4, 19]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [91, 109]}, {"key": "provisions-of-this-article", "type": "clause", "offset": [126, 152]}], "snippet": "The Chase Manhattan Bank, in its capacity as Term Loan Agent, is joining in this Agreement for the purpose of agreeing to the provisions of this Article.", "size": 1, "hash": "7e8faf706ba9314855fca807ca69a3b1", "id": 5}, {"samples": [{"hash": "4fFsY2mtyXb", "uri": "/contracts/4fFsY2mtyXb#term-loan-agent", "label": "Indenture (Pioneer East Inc)", "score": 18.0, "published": true}], "snippet_links": [], "snippet": "28 Term . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28", "size": 1, "hash": "a744a70c522e3b1c798dfc3d0151b6f2", "id": 6}, {"samples": [{"hash": "5eGn3oB94WW", "uri": "/contracts/5eGn3oB94WW#term-loan-agent", "label": "Loan and Security Agreement (Key Energy Services Inc)", "score": 27.9541416168, "published": true}], "snippet_links": [{"key": "delaware-corporation", "type": "definition", "offset": [26, 46]}, {"key": "with-respect-to-collateral", "type": "clause", "offset": [59, 85]}, {"key": "market-services", "type": "clause", "offset": [127, 142]}, {"key": "a-delaware-limited-liability-company", "type": "clause", "offset": [148, 184]}, {"key": "successors-and-assigns", "type": "clause", "offset": [206, 228]}], "snippet": "Cortland Products Corp. a Delaware corporation, and solely with respect to Collateral consisting of Vehicles, Cortland Capital Market Services LLC, a Delaware limited liability company, together with their successors and assigns.", "size": 1, "hash": "f5eb6f84daefebcca15e2945d8def682", "id": 7}, {"samples": [{"hash": "9arodzSLsj3", "uri": "/contracts/9arodzSLsj3#term-loan-agent", "label": "Loan and Security Agreement (Hancock Fabrics Inc)", "score": 23.8829574585, "published": true}], "snippet_links": [{"key": "authorized-signatory-name", "type": "clause", "offset": [44, 69]}], "snippet": "GA CAPITAL, LLC, as Term Loan Agent By: /s/ Authorized Signatory Name: Title:", "size": 1, "hash": "1b3dbffc5a888358e3a86416cfd6dc11", "id": 8}, {"samples": [{"hash": "fNZbIb6xWit", "uri": "/contracts/fNZbIb6xWit#term-loan-agent", "label": "Loan Agreement (School Specialty Inc)", "score": 28.2799453735, "published": true}], "snippet_links": [{"key": "credit-suisse", "type": "definition", "offset": [0, 13]}, {"key": "asset-management-company", "type": "definition", "offset": [20, 44]}, {"key": "permitted-successors-and-assigns", "type": "clause", "offset": [57, 89]}, {"key": "any-other-person", "type": "definition", "offset": [93, 109]}, {"key": "administrative-agent-and-collateral-agent", "type": "definition", "offset": [142, 183]}, {"key": "the-term-loan-facility", "type": "definition", "offset": [196, 218]}], "snippet": "Credit Suisse AGTCW Asset Management Company LLC and its permitted successors and assigns or any other Person designated as term loanagent or administrative agent and collateral agent pursuant to the Term Loan Facility.", "size": 1, "hash": "e67d39492833a6541f860f4a11f09a6d", "id": 9}, {"samples": [{"hash": "dSNW7ZVRXgn", "uri": "/contracts/dSNW7ZVRXgn#term-loan-agent", "label": "Credit Agreement (Colt Finance Corp.)", "score": 25.9007530212, "published": true}], "snippet_links": [{"key": "the-definition-of", "type": "definition", "offset": [0, 17]}, {"key": "section-11-of-the-credit-agreement", "type": "clause", "offset": [39, 74]}, {"key": "the-reference-to", "type": "definition", "offset": [105, 121]}, {"key": "market-services", "type": "clause", "offset": [140, 155]}, {"key": "savings-fund", "type": "clause", "offset": [203, 215]}], "snippet": "The definition of \u201cTerm Loan Agent\u201d in Section 1.1 of the Credit Agreement is hereby amended by deleting the reference to \u201cCortland Capital Market Services LLC\u201d therein and replacing it with \u201cWilmington Savings Fund Society, FSB\u201d.", "size": 1, "hash": "65ca82351d4e40c43fcceaa5493aa7b3", "id": 10}], "next_curs": "ClgSUmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjQLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihh0ZXJtLWxvYW4tYWdlbnQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Term Loan Agent", "parents": [["miscellaneous", "Miscellaneous"], ["definitions", "Definitions"], ["administration-by-administrative-agent", "Administration by Administrative Agent"], ["the-agent", "The Agent"], ["amendment-and-restatement", "Amendment and Restatement"]], "children": [["", ""], ["guarantee-of-secured-obligations", "Guarantee of Secured Obligations"], ["special-collateral-excluded-collateral", "Special Collateral; Excluded Collateral"], ["payments", "Payments"], ["duration-of-guarantee-discharge-of-guarantee-upon-sale-of-guarantor", "Duration of Guarantee, Discharge of Guarantee Upon Sale of Guarantor"]], "size": 14, "id": "term-loan-agent", "related": [["term-loan-b", "Term Loan B", "Term Loan B"], ["term-loan-a", "Term Loan A", "Term Loan A"], ["term-loan-notes", "Term Loan Notes", "Term Loan Notes"], ["term-loan-facility", "Term Loan Facility", "Term Loan Facility"], ["term-loan-advances", "Term Loan Advances", "Term Loan Advances"]], "related_snippets": [], "updated": "2026-01-02T05:56:57+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The 'Term Loan Agent' clause designates a specific party, usually a financial institution, to act as the administrative agent for a group of lenders in a term loan agreement. This agent is responsible for coordinating communications between the borrower and the lenders, managing the flow of funds, and handling administrative tasks such as monitoring compliance with loan covenants and distributing payments. By centralizing these functions, the clause streamlines the loan management process and ensures consistent enforcement of the agreement's terms, reducing confusion and administrative burden for all parties involved."}, "json": true, "cursor": ""}}