Agent's Obligations definition

Agent's Obligations means any and all Obligations payable solely to and for the exclusive benefit of the Agent or M&T (except in its capacity as a Lender) by the Borrower under the terms of this Agreement and/or any of the other Financing Documents, including, without limitation, indebtedness, liabilities and obligations with respect to Bank Products, the Arrangement Fee, and any and all Monitoring Fees.

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Agent's Obligations means the collective reference to any and all Obligations payable solely to and for the exclusive benefit of any one or more of the Agents by any or all of the Borrowers under the terms of this Agreement and/or any of the other Financing Documents, including, without limitation, Interest Rate Exposure, Foreign Exchange Exposure, the Origination Fee, any and all Letter of Credit Fronting Fees, and/or Administrative Agency Fees.

Agent's Obligations. The Agent shall: (i) promptly upon receipt thereof, inform each Bank of the contents of any notice or document or other information received by it in its capacity as Agent hereunder from an Obligor; (ii) promptly notify each Bank of the occurrence of any Event of Default or any default by an Obligor in the due performance of its obligations under this Agreement of which the Agent has, in its capacity as agent for the Banks, received written notice from a party to this Agreement; (iii) save as otherwise provided herein, act in accordance with any instructions given to it by an Instructing Group; and (iv) if so instructed by an Instructing Group, refrain from exercising any right, power or discretion vested in it as agent under any Finance Document.

Examples of Agent's Obligations in a sentence

• The Borrower further agrees that the Agent, for the ratable benefit of the Lenders and for the benefit of the Agent with respect to the Agent's Obligations, shall have in respect thereof all of the rights and remedies of a secured party under the Uniform Commercial Code as well as those provided in this Agreement, under each of the other Financing Documents and under applicable Laws.

• The security interest and Lien of each Lender in such property shall rank equally in priority with the interest of each other Lender, but the security interest and Lien of the Agent with respect to the Agent's Obligations shall be superior and paramount to the security interest and Lien of the Lenders.

• All Bond Letter of Credit Fronting Fees and all such other additional fees are included in and are a part of the "Fees" payable by the Borrower under the provisions of this Agreement and are for the sole and exclusive benefit of the Agent and are a part of the Agent's Obligations.

• All Letter of Credit Fronting Fees and all such other additional fees are included in and are a part of the "Fees" payable by the Borrower under the provisions of this Agreement and are for the sole and exclusive benefit of the Agent and are a part of the Agent's Obligations.

• All sums so paid or advanced by the Agent together with interest thereon from the date of payment, advance or incurring until paid in full at the Post-Default Rate and all costs and expenses, shall be deemed part of the Enforcement Costs, shall be paid by the Borrower to the Agent on demand, and shall constitute and become a part of the Agent's Obligations.

• Any modification or amendment to Section 2 (Representations and Warranties of the Company), Section 5 (Conditions of Placement Agents' Obligations), Section 6(f) (Representations and Agreements to Survive Delivery), or Section 10 (Persons Entitled to Benefit of Agreement) of the Placement Agreement, and any modification or amendment to the Placement Agreement that is material and adverse to the Investor, shall require the prior written consent of the Investor.

• All sums so paid or advanced by the Agent together with interest thereon from the date of payment, advance or incurring until paid in full at the Post-Default Rate and all costs and expenses, shall be deemed part of the Enforcement Costs, shall be paid by the Borrowers to the Agent on demand, and shall constitute and become a part of the Agent's Obligations.

• Unless otherwise required by applicable Laws, any proceeds of sale or other disposition of the Collateral will be applied by the Agent to the payment first of any and all Agent's Obligations, then to any and all Enforcement Costs, and any balance of such proceeds will be remitted to the Lenders in like currency and funds received ratably in accordance with their respective Pro Rata Shares of such balance.

• Conditions of Agent's Obligations................................................

• Administrative Agent's Obligations...............................................................

More Definitions of Agent's Obligations

Agent's Obligations. The Buyer's Agent will use their best efforts on behalf of the buyer to:

Agent's Obligations means any and all Obligations payable solely to and for the exclusive benefit of the Agent by the Borrower under the terms of this Agreement and/or any of the other Financing Documents, including, without limitation, and any and all Agency Fees, Letter of Credit Fronting Fees and/or Field Examination Fees. "Agreement" means this Second Amended and Restated Financing and Security Agreement, as amended, restated, supplemented or otherwise modified in writing in accordance with the provisions of SECTION 9.2