COFACE Agent definition
Examples of COFACE Agent in a sentence
This Amendment shall become effective on the Effective Date upon the due execution of a signature page to this Amendment by each of the Parent, the Borrower, the other Obligors and the COFACE Agent on behalf of the Finance Parties and delivery of each party’s respective signature pages to each of the other parties hereto.
If the Borrower notifies the COFACE Agent under paragraph (c)(i) or paragraph (c)(v) above, all information to be provided by the Borrower under this Agreement after the date of that notice shall be supplied in paper form unless and until the COFACE Agent and each Website Lender is satisfied that the circumstances giving rise to the notification are no longer continuing.
Similarly, a Lender shall notify the COFACE Agent on becoming so aware in respect of a payment payable to that Lender.
The COFACE Agent shall notify the Borrower and the Lenders promptly upon being so satisfied.
The COFACE Agent shall, as soon as reasonably practicable after it has executed a Transfer Certificate or an Assignment Agreement, send to the Borrower a copy of that Transfer Certificate or Assignment Agreement.
The COFACE Agent shall, subject to paragraph (b) below, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate.
In any event the Borrower shall at its own cost supply the COFACE Agent with at least one copy in paper form of any information required to be provided by it.
The COFACE Agent shall, if so directed by the Majority Lenders, vary the order set out in paragraphs (a)(ii) to (iv) above.
Each Lender shall deal with the Security Agent and the U.S. Collateral Agent exclusively through the COFACE Agent and shall not deal directly with the Security Agent or the U.S. Collateral Agent.
The COFACE Agent shall promptly notify the Lenders and the Borrower of the determination of a rate of interest under this Agreement.