ADMINISTRATIVE AGENT AND COLLATERAL AGENT definition

ADMINISTRATIVE AGENT AND COLLATERAL AGENT. SILVER POINT FINANCE, LLC, as Administrative Agent and Collateral Agent

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

ADMINISTRATIVE AGENT AND COLLATERAL AGENT. Barclays Bank PLC (“Barclays”) will act as sole administrative agent and sole collateral agent (in such capacities, the “Administrative Agent”) for a syndicate of banks, financial institutions and other institutional lenders and investors reasonably acceptable to the Lead Arrangers and the Borrower, excluding any Disqualified Lender (together with the Initial Lenders, the “Lenders”), and will perform the duties customarily associated with such roles.

ADMINISTRATIVE AGENT AND COLLATERAL AGENT. GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Duly Authorized Signatory LENDERS: GENERAL ELECTRIC CAPITAL CORPORATION By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Duly Authorized Signatory

Examples of ADMINISTRATIVE AGENT AND COLLATERAL AGENT in a sentence

THE DUTIES OF ADMINISTRATIVE AGENT AND COLLATERAL AGENT SHALL BE MINISTERIAL AND ADMINISTRATIVE IN NATURE, AND NEITHER ADMINISTRATIVE AGENT NOR COLLATERAL AGENT SHALL HAVE A FIDUCIARY RELATIONSHIP WITH ANY LENDER, PARTICIPANT OR OTHER PERSON, BY REASON OF ANY CREDIT DOCUMENT OR ANY TRANSACTION RELATING THERETO.
EACH LENDER IS RESPONSIBLE FOR MAKING ITS OWN ANALYSIS AND REVIEW OF THE ABL/TERM LOAN INTERCREDITOR AGREEMENT, AND EACH OTHER INTERCREDITOR AGREEMENT AND THE TERMS AND PROVISIONS THEREOF, AND NONE OF THE ADMINISTRATIVE AGENT AND COLLATERAL AGENT (AND NONE OF THEIR RESPECTIVE AFFILIATES) MAKES ANY REPRESENTATION TO ANY LENDER AS TO THE SUFFICIENCY OR ADVISABILITY OF THE PROVISIONS CONTAINED IN THE ABL/TERM LOAN INTERCREDITOR AGREEMENT OR ANY OTHER INTERCREDITOR AGREEMENT.
EACH GRANTOR, THE ADMINISTRATIVE AGENT AND COLLATERAL AGENT WAIVES TRIAL BY JURY IN ANY ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT.
ADMINISTRATIVE AGENT AND COLLATERAL AGENT; LENDER HEDGING AGREEMENTS.
EACH GRANTOR, THE ADMINISTRATIVE AGENT AND COLLATERAL AGENT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.
Right to Cure 1535 ARTICLE 8 ADMINISTRATIVE AGENT AND COLLATERAL AGENT 156 ARTICLE 9 MISCELLANEOUS 161 Section 9.01.
By: Name: Title: ADMINISTRATIVE AGENT AND COLLATERAL AGENT: BANK OF AMERICA, N.A., as Administrative Agent and as Collateral Agent By: Name: Title: Chinos Intermediate Holdings B, Inc.
ADMINISTRATIVE AGENT AND COLLATERAL AGENT UST or its designee (in such capacities, the “Agent”).
THE DUTIES OF ADMINISTRATIVE AGENT AND COLLATERAL AGENT SHALL BE MINISTERIAL AND ADMINISTRATIVE IN NATURE, AND NEITHER ADMINISTRATIVE AGENT NOR COLLATERAL AGENT SHALL HAVE A FIDUCIARY RELATIONSHIP WITH ANY LENDER PARTY, PARTICIPANT OR OTHER PERSON, BY REASON OF ANY LOAN DOCUMENT OR ANY TRANSACTION RELATING THERETO.
By: Ares CLO Management VR, L.P., Investment Manager By: Ares CLO GP VR, LLC, Its General Partner By: /s/ ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ Title: VICE PRESIDENT SIGNATURE PAGE TO THE SECOND AMENDMENT AND WAIVER TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST REFERENCED ABOVE, AMONG PAETEC HOLDING CORP., VARIOUS LENDERS AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS ADMINISTRATIVE AGENT AND COLLATERAL AGENT ARES IIIR/IVR CLO LTD.

More Definitions of ADMINISTRATIVE AGENT AND COLLATERAL AGENT

ADMINISTRATIVE AGENT AND COLLATERAL AGENT has the meaning ascribed to such term in the Recitals.

ADMINISTRATIVE AGENT AND COLLATERAL AGENT. BLUE TORCH FINANCE LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signer

ADMINISTRATIVE AGENT AND COLLATERAL AGENT. ▇▇▇▇▇▇▇▇▇ Finance LLC will act as the sole administrative agent and sole collateral agent and will perform the duties customarily associated with such roles.

ADMINISTRATIVE AGENT AND COLLATERAL AGENT. SILVER POINT FINANCE, LLC, as Administrative Agent and Collateral Agent By: Name: Title: Seventh Amendment To Credit And Guaranty Agreement By: Name: Title: By: Name: Title: By: Name: Title: By: Name: Title: By: Name: Title: Seventh Amendment To Credit And Guaranty Agreement ▇▇▇▇▇▇▇▇ Merchandisers, L.P. ▇▇▇ ▇.▇. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Re: RELEASE AND TERMINATION OF LIENS Ladies and Gentlemen: Reference is hereby made to the Credit and Guaranty Agreement, dated as of April 30, 2007 (as amended, restated, supplemented or modified from time to time, the “Credit Agreement”), by and among ▇▇▇▇▇▇▇▇▇ Company, a Michigan corporation (“Holdings”), ▇▇▇▇▇▇▇▇▇ Services Company, a Michigan corporation (“▇▇▇▇▇▇▇▇▇ Services”), certain subsidiaries of Holdings identified on the signature page thereto as “Borrowers” (such Subsidiaries, together with ▇▇▇▇▇▇▇▇▇ Services, are referred to individually as a “Borrower” and collectively, jointly and severally, as “Borrowers”), certain subsidiaries of Holdings identified on the signature page thereto as “Guarantors” (such subsidiaries, together with Holdings, are referred to individually as a “Guarantor” and collectively, jointly and severally, as “Guarantors”, and the Guarantors, together with the Borrowers, are referred to individually as a “Credit Party” and collectively, jointly and severally, as “Credit Parties”), the lenders party thereto from time to time (“Lenders”), and Silver Point Finance, LLC, as administrative agent for Lenders (in such capacity, together with its successors and assigns in such capacity, the “Administrative Agent”) and as collateral agent for Lenders (in such capacity, together with its successors and assigns in such capacity, the “Collateral Agent” and together with Administrative Agent, each an “Agent” and collectively the “Agents”). The Collateral Agent, on behalf of itself and the Lenders, holds a security interest in and lien on the assets and property of Holdings. The Collateral Agent and the Lenders have been advised that Holdings is selling, conveying, transferring and assigning to ▇▇▇▇▇▇▇▇ Merchandisers, L.P. (“Purchaser”) certain assets consisting of the equipment and inventory listed on Schedule I attached hereto (“Purchased Assets”). As a condition to such proposed sale, the Collateral Agent is required to release all of its liens on such Purchased Assets.