Class Agent definition

Class Agent means (i) with respect to the Class of which SUSI Issuer is a member, the SUSI Issuer Agent, (ii) with respect to the Class of which Liberty is a member, the Liberty Agent, (iii) with respect to the Class of which Falcon is a member, the Falcon Agent, and (iv) with respect to any other Class, the financial institution or other Person specified as such in any amendment or supplement hereto for such Class.

Class Agent means such successor Class Agent and the retiring Class Agent’s appointment, powers and duties as Class Agent shall be terminated. After any retiring Class Agent’s resignation hereunder as a Class Agent, the provisions of Section 10.10 and Sections 10.16 and 10.18 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Class Agent under this Agreement. If no successor agent has accepted appointment as Class Agent by the date which is thirty (30) days following a retiring Class Agent’s notice of resignation, the retiring Class Agent’s resignation shall nevertheless thereupon become effective and the Alternate Investors shall perform all of the duties of the Class Agent hereunder until such time, if any, as the majority of related Investors appoint a successor agent as provided for above.

Class Agent. With respect to (i) the Enterprise Funding Class, Bank of America and its successors and permitted assigns and (ii) the Market Street Class, PNC Bank and its successors and permitted assigns, and (iii) any other Class, the Person specified in any supplement to this Agreement as the class agent for such Class and such Person’s successors and permitted assigns.

Examples of Class Agent in a sentence

• The Transferor shall only amend, alter, change or repeal its Certificate of Incorporation with the prior written consent of the Administrative Agent and each Class Agent.

• The Service Level Arrangement are specific to directly provided Services of the Supplier and do not relate to Third Party Services (of which such Third Party Services will be governed by their own relevant service levels).

• Upon the acceptance of any appointment as Class Agent hereunder by a successor Class Agent, such successor Class Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Class Agent, and the retiring Class Agent shall be discharged from its duties and obligations under this Agreement.

• The Transferor agrees to deliver promptly to the Administrative Agent a written confirmation of each telephonic notice signed by an authorized officer of Transferor (which confirmation the Administrative Agent shall forward to the applicable Class Agent).

• Each Class Agent will notify the related Investors of its receipt of any such notice.

More Definitions of Class Agent

Class Agent means, in the case of Rated Indebtedness evidenced by an indenture or other similar agreement, the trustee or other fiduciary or agent authorized to act for such Class (upon direction or otherwise), and, in all other cases, the holders of a majority in principal amount of the outstanding Rated Indebtedness of such Class.

Class Agent has the meaning assigned to that term in the Note Purchase Agreement.

Class Agent is X.X. Xxxxxxx.

Class Agent. With respect to (i) the PNC Bank Class, PNC Bank and its successors and permitted assigns and (ii) any other Class, the Person specified in any supplement to this Agreement as the class agent for such Class and such Person’s successors and permitted assigns.

Class Agent is hereby deleted and replaced with the following (solely for convenience changed language is italicized):

Class Agent means (i) with respect to the Class of which RCC is a member, the RCC Agent, (ii) with respect to the Class of which Atlantic is a member, the Atlantic Agent, (iii) with respect to the Class of which Liberty is a member, the Liberty Agent, (iv) with respect to the Class of which AFC is a member, the AFC Agent, (v) with respect to the Class of which Falcon is a member, the Falcon Agent, and (vi) with respect to any other Class, the financial institution or other Person specified as such in any amendment or supplement hereto for such Class."

Class Agent means, (i) with respect to each Class, each Person acting as agent on behalf of such Class and designated as the Class Agent for such Class on Schedule I hereto and (ii) with respect to the Administrative Agent, the Administrative Agent.