Examples of Class A Managing Agent in a sentence
Each Lender (or, if applicable, its related Class A Managing Agent) shall maintain on its internal records an account or accounts evidencing the Obligations of Company to such Lender, including the amounts of the Loans made by it and each repayment and prepayment in respect thereof.
Company represents and warrants that each remittance of Collections by it hereunder to any Agent, any Class A Managing Agent or any Lender hereunder will have been (a) in payment of a debt incurred by Company in the ordinary course of business or financial affairs of Company and (b) made in the ordinary course of business or financial affairs.
Each Class A Managing Agent and each Lender, absent manifest error; provided, failure to make any such recordation, or any error in such recordation, shall not affect any Lender’s Revolving Commitments or Company’s Obligations in respect of any Loan.
Unless otherwise specifically provided herein, any notice or other communication herein required or permitted to be given to Company, Syndication Agent, Collateral Agent, Administrative Agent or Documentation Agent shall be sent to such Person’s address as set forth on Appendix B or in the other relevant Credit Document, and in the case of any Class A Managing Agent or Lender, the address as indicated on Appendix B or otherwise indicated to Administrative Agent in writing.
If a Class A Revolving Conduit Lender shall receive a Funding Notice, such Class A Revolving Conduit Lender shall instruct the related Class A Managing Agent to accept or reject such request by no later than the close of business on the Business Day of the receipt of the applicable Funding Notice.
If a Class A Revolving Conduit Lender rejects a Funding Notice, the related Class A Managing Agent shall promptly notify Company and the related Class A Revolving Committed Lender(s) of such rejection.
Each Class A Managing Agent shall allocate all payments received by it from Paying Agent under this Section 2.13(c) to the Class A Revolving Lenders in the related Class A Lender Group.
All partnership, corporate and other proceedings taken or to be taken in connection with the transactions contemplated hereby and all documents incidental thereto shall be satisfactory in form and substance to each Class A Managing Agent and counsel to Administrative Agent, and each Class A Managing Agent and counsel to Administrative Agent shall have received all such counterpart originals or certified copies of such documents as they may reasonably request.
Any Funding Notice shall be executed by an Authorized Officer in a writing delivered to Administrative Agent, Paying Agent, each Class A Managing Agent and each Class B Revolving Lender.
If a Class A Revolving Conduit Lender declines to fund any portion of the Class A Revolving Loans requested of the Class A Lender Group of which it is a member in a Funding Notice, the Borrower may cancel and rescind such Funding Notice in its entirety upon notice thereof received by the Administrative Agent and each Class A Managing Agent prior to the close of business on the Business Day immediately prior to the proposed Credit Date.