Administrative Parties definition

Administrative Parties has the meaning set out in the Restructuring Implementation Deed;
Administrative Parties means the Arranger and the Facility Agent (and Administrative Party, as the context requires, means any of them);
Administrative Parties means and includes the Company, the Trustee, the Committee and any Insurer.

Examples of Administrative Parties in a sentence

  • No Administrative Party (other than the Bond Trustee, the Security Trustee, the Standstill Cash Manager and each Account Bank) need hold in trust any moneys paid to it for a Party or be liable to account for interest on those moneys and such Administrative Parties shall hold money as banker and not subject to the Financial Conduct Authority's Client Money Rules.


More Definitions of Administrative Parties

Administrative Parties means, collectively, the Mandated Lead Arrangers, the Administrative Agent, the Sole Structuring Agent and the Security Trustee.
Administrative Parties. The Facility Agent, the Security Agent and the Fronting Banks.
Administrative Parties means and includes the Employer, the Trustee, and the Committee.
Administrative Parties means the Existing Administrative Parties and the New Administrative Parties.
Administrative Parties means the Holding Period Trustee, the Holdco Agents, the Opco Agents and the AFF Global Agent;
Administrative Parties means each of the Facility Agent and the MLAB (each an “Administrative Party”).