Co-Agent definition

Co-Agent has the meaning set forth in the preamble to this Agreement.
Co-Agent or "lead manager" shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders so identified in deciding to enter into this Agreement or in taking or not taking action hereunder.
Co-Agent means each Bank designated as a Co-Agent on the signature pages hereof, in its capacity as co-agent in respect of this Agreement.

Examples of Co-Agent in a sentence

  • On and after the Amortization Date, the Servicer shall, on each Settlement Date and on each other Business Day specified by the Administrative Agent (as directed by any Co-Agent) (after deduction of any accrued and unpaid Servicing Fee as of such date) remit to the Funding Account of the amounts set aside and held in trust pursuant to the preceding sentence.

  • On the Settlement Date for each Loan of an Unaffiliated Committed Lender and each Liquidity Funding, Borrower shall pay to the Funding Account for further remittance by the Funding Agent to the applicable Co-Agent (for the benefit of the related Committed Lenders) an aggregate amount equal to the accrued and unpaid Interest on each such Loan or Liquidity Funding in accordance with Article II.

  • Each Lender and each Co-Agent that becomes a party to this Agreement after the date hereof shall designate and appoint the Funding Agent, as its agent and authorizes the Funding Agent to take such action on its behalf under the provision of the Transaction Documents, and to exercise such powers and perform such duties as are expressly delegated to such agent by the terms of the Transaction Documents, together with such other powers as are reasonably incidental thereto.

  • The Funding Agent shall promptly provide such notice to the applicable Co-Agent.

  • Any notice or request required to be delivered to or by a Co-Agent hereunder, shall be delivered to or by the Funding Agent, who shall promptly deliver such notice or request to the applicable Co-Agent or party.


More Definitions of Co-Agent

Co-Agent means with respect to each Lender, the agent appointed to act on behalf of such Lender in the applicable Lender Supplement.
Co-Agent shall have the meaning given that term in Section 9.10.
Co-Agent means SouthTrust Bank, National Association, a national banking association, as co-agent for the Lenders hereunder and under the other Credit Documents, and each successor co-agent.
Co-Agent has the meaning assigned to that term in the preamble hereto.
Co-Agent means any Bank designated as a "Co-Agent" in this -------- Agreement, each in its capacity as a co-agent for the Banks hereunder, and any successor co-agent designated under Section 9.6. -----------
Co-Agent is defined in the preamble.