Examples of Borrower Funds Administrator in a sentence
Agent may resign from the performance of all or part of its functions and duties hereunder at any time by giving at least thirty (30) calendar days’ prior written notice to Borrower Funds Administrator, Lenders and Documentation Agent.
Notwithstanding anything herein to the contrary, any notice or request to any Credit Party shall be deemed satisfied upon Receipt of such notice or request by the Borrower Funds Administrator.
If a successor Documentation Agent shall not have been so appointed within said thirty (30) calendar day period referenced in clause (g)(i) above, the retiring Documentation Agent, upon notice to Borrower Funds Administrator, may, on behalf of the Lenders, appoint a successor Documentation Agent with the consent of Agent, who shall serve as Documentation Agent until such time as Requisite Lenders appoint a successor Documentation Agent, with the consent of Agent, as provided above.
Documentation Agent may resign from the performance of all or part of its functions and duties hereunder at any time by giving at least thirty (30) calendar days’ prior written notice to Borrower Funds Administrator, Lenders and Agent.
A complete set of counterparts shall be lodged with each of the Borrower Funds Administrator and the Documentation Agent.
Upon any such notice of resignation pursuant to clause (g)(i) of this Section 11.2, (A) M&T shall, upon its consent, be appointed as Documentation Agent hereunder, and (B) if M&T does not consent to such appointment, Requisite Lenders shall appoint a successor Documentation Agent with the consent of Borrower Funds Administrator, which consent shall not be unreasonably withheld, delayed or conditioned (or required if any Default or Event of Default exists).
Any Lender claiming reimbursement or compensation pursuant to this Article XIII shall deliver to Borrower Funds Administrator (with a copy to Agent) a certificate setting forth in reasonable detail the amount payable to such Lender hereunder and such certificate shall be conclusive and binding on the Credit Parties in the absence of manifest error.
If the Commitments in respect of the Revolving Facility are increased in accordance with this Section, the Administrative Agent, in consultation with Borrower Funds Administrator, shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.
Upon any such notice of resignation pursuant to clause (g)(i) of this Section 11.2, (A) Xxxxx Fargo shall, upon its consent, be appointed as Documentation Agent hereunder, and (B) if Xxxxx Fargo does not consent to such appointment, Requisite Lenders shall appoint a successor Documentation Agent with the consent of Borrower Funds Administrator, which consent shall not be unreasonably withheld, delayed or conditioned (or required if any Default or Event of Default exists).
At the time of sending such notice, Borrower Funds Administrator (in consultation with Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of delivery of such notice to the Lenders).