Applicable Administrative Agent definition

Applicable Administrative Agent means (a) with respect to the Canadian Facility and Canadian Letters of Credit, the Canadian Administrative Agent and (b) otherwise, the Administrative Agent.
Applicable Administrative Agent means (i) with respect to ABL Collateral, the Administrative Agent, (ii) with respect to Term Loan Collateral, the Term Loan Administrative Agent (or other analogous term in another Acceptable Intercreditor Agreement, as applicable) or (iii) if at any time there is no Intercreditor Agreement or other intercreditor agreement described in the definition of “Acceptable Intercreditor Agreement” then in effect, the Administrative Agent.

Examples of Applicable Administrative Agent in a sentence

  • If such Lender pays such amount to the Applicable Administrative Agent, then such amount shall constitute such Lender’s Loan included in such Borrowing.

  • The Applicable Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof.

  • The Applicable Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of exchange rate fluctuations.

  • In addition, the Applicable Administrative Agent shall maintain on the Register information regarding the designation, and revocation of designation, of any Lender as a Defaulting Lender.

  • A certificate as to the amount of such payment or liability delivered to any Lender by the Applicable Administrative Agent shall be conclusive absent manifest error.


More Definitions of Applicable Administrative Agent

Applicable Administrative Agent means the Term Agent for the benefit of the holders of Senior Indebtedness (as defined below), subject to any applicable intercreditor agreement, until and unless another applicable agent is appointed pursuant to such intercreditor agreement. The Indebtedness evidenced by this Note owed by any Payor to any Payee shall be subordinate and junior in right of payment, to the extent and in the manner hereinafter set forth, to (a) all Loan Obligations (under and as defined in the First Lien Credit Agreement) of such Payor, (b) all Loan Obligations (under and as defined in the ABL Credit Agreement) of such Payor, (c) any senior secured Indebtedness that renews, refunds, restructures or refinances any of the Indebtedness specified in clause (a) or (b), in each case, to the extent by its terms expressly requiring the subordination thereto of the Indebtedness evidenced by this Note, (d) any other senior secured Indebtedness of such Payor permitted under the Credit Agreements that by its terms expressly requires the subordination thereto of the Indebtedness evidenced by this Note and (e) interest on any of the foregoing, accruing after the commencement of any proceedings referred to in clause (i) below, whether or not such interest is an allowed claim in such proceeding (the Indebtedness specified in clauses (a) through (e) being hereinafter collectively referred to as “Senior Indebtedness”), until the latest to occur of (x) the Termination Date under the First Lien Credit Agreement, (y) the Termination Date under the ABL Credit Agreement and (z) the date of payment in full in cash of any other Senior Indebtedness (other than contingent obligations as to which no claim has been made) (such latest date to occur, the “Payoff Date”); provided that each such Payor may make payments to the applicable Payee unless an Event of Default shall have occurred and be continuing and such Payor shall have received notice from the Applicable Administrative Agent (provided that no such notice shall be required to be given in the case of any Event of Default arising under Section 7.01(h) or 7.01(i) of either of the Credit Agreements).
Applicable Administrative Agent means with respect to the Term Facilities, the Term Facilities Administrative Agent and with respect to the Revolving Facility, the Revolving Facility Administrative Agent.
Applicable Administrative Agent means, (a) with respect to a Loan or Borrowing denominated in Dollars, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the General Administrative Agent, (b) with respect to a Borrowing denominated in Japanese Yen, the Japanese Administrative Agent, (c) with respect to a Borrowing denominated in a Committed Currency, the European Administrative Agent and (d) with respect to a Competitive Borrowing, the Advance Agent.
Applicable Administrative Agent means (a) the Administrative Agent, with respect to any U.S. Loan or U.S. Letter of Credit, and (b) the Canadian Administrative Agent, with respect to any Canadian Loan or Canadian Letter of Credit.
Applicable Administrative Agent means (a) the Administrative Agent, with respect to any U.S. Loan or U.S. Letter of Credit, (b) the Canadian Administrative Agent, with respect to any Canadian Revolving Credit Loan or Canadian Letter of Credit and (c) the Australian Administrative Agent, with respect to any Australian Revolving Credit Loan or Australian Letter of Credit.
Applicable Administrative Agent means (a) in respect of the Revolving Facility, the Revolving and LC Administrative Agent, (b) in respect of the LC Facility, the Revolving and LC Administrative Agent, (c) in respect of the Term Facility, the Term Loan Administrative Agent and (d) in respect of the Cash Secured Letters of Credit, the Revolving and LC Administrative Agent.
Applicable Administrative Agent. (a) with respect to a Loan or Borrowing made or a Letter of Credit issued under the US Tranche, or with respect to any payment that does not relate to any Loan or Borrowing made or Letter of Credit issued, the US Administrative Agent and (b) with respect to a Loan or Borrowing made or a Letter of Credit or Bankers’ Acceptance issued under the Canadian Tranche, the Canadian Administrative Agent.