Document Custodian Termination Notice definition
Document Custodian Termination Notice has the meaning set forth in Section 14.9(a).
Document Custodian Termination Notice is defined in Section 14.05.
Document Custodian Termination Notice provided that, notwithstanding its receipt of a Document Custodian Termination Notice, the Document Custodian shall continue to act in such capacity (and, for the avoidance of doubt, so long as it continues to act in such capacity, shall continue to receive any fees and any other amounts to which it is entitled to receive in such capacity under the terms of this Agreement and the Document Custodian Fee Letter) until a successor Document Custodian has been appointed and has agreed to act as Document Custodian hereunder.
Examples of Document Custodian Termination Notice in a sentence
Upon the Document Custodian's receipt of a Document Custodian Termination Notice from the Administrative Agent of the designation of a successor Document Custodian pursuant to the provisions of Section 14.5, the Document Custodian agrees that it will terminate its activities as Document Custodian hereunder.
More Definitions of Document Custodian Termination Notice
Document Custodian Termination Notice is defined in Section 14.05. “Dollar Equivalent” means, on any date of determination, (i) with respect to an Approved Foreign Currency, for an actual currency exchange, the applicable currency-Dollar spot rate obtained by the Collateral Manager through customary banking channels, including the Collateral Agent’s own banking facilities or (ii) with respect to an Approved Foreign Currency, for all other purposes, the applicable currency-Dollar spot rate obtained by the Collateral Manager through the Collateral Agent’s banking facilities for such currency at the opening of business on such day or (iii) with respect to an amount denominated in Dollars, such amount. None of the Administrative Agent, the Collateral Administrator or the Collateral Agent shall have any responsibility for any calculation of a Dollar Equivalent made by the Collateral Manager. For the avoidance of doubt, neither the Collateral Administrator nor the Collateral Agent shall have any responsibility to calculate any Dollar Equivalent pursuant to this Agreement. “Dollars” and “$” mean the lawful money of the United States of America. “Due Date” means each date on which any payment is due on a Loan in accordance with its terms. “Early Opt-in Effective Date” means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders. “Early Opt-in Election” means the occurrence of: (i) a notification by the Administrative Agent to each of the other parties hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time incorporate or adopt (as a result of amendment or as originally executed) either a SOFR-based rate (including SOFR, a Term SOFR or any other rate based upon SOFR) as a benchmark rate or an alternate benchmark interest rate to replace USD LIBOR (and such syndicated credit facilities are identified in such notice and are publicly available for review); and