Domestic Collateral Agent definition

Domestic Collateral Agent means Bank of America in its capacity as collateral agent for the holders of the Domestic Obligations, the guaranties relating thereto and the other secured obligations identified in the collateral documents, and any successor in such capacity.
Domestic Collateral Agent as defined in the Recitals hereto and shall include any successor thereto, which has been approved by the Administrative Agent.
Domestic Collateral Agent means such successor agent effective upon such appointment and approval, and the former agent’s rights, powers and duties of the Domestic Collateral Agent shall be terminated, without any other or further act or deed on the part of the former agent or any of the parties to this Agreement or any holders of the Loans. After any retiring Agent’s resignation or removal as Agent, the provisions of this Section 10 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement and the other Loan Documents. Additionally, after such retiring Agent’s resignation as such Agent, the provisions of this subsection shall inure to its benefit as to any actions taken or omitted to be taken by it while it was such Agent under this Agreement and the other Loan Documents.

Examples of Domestic Collateral Agent in a sentence

  • Multiple counterparts of this Amendment duly executed by the Borrowers, the Guarantors, the requisite Lenders, the Administrative Agent, the Domestic Collateral Agent, and the Foreign Collateral Agent.

  • Bonds purchased with the proceeds of drawings on the IRB Letter of Credit which are held under a Book entry system shall be held by the Fiscal Agent in the name of the Domestic Collateral Agent with a notation that such Bonds are “Bank Bonds.” The Bank Bonds shall be held by the Fiscal Agent as fiduciary for the Domestic Collateral Agent and shall secure the Obligations hereunder.

  • Any resignation by Bank of America as Administrative Agent pursuant to this Section shall also constitute its resignation as Domestic Collateral Agent, Domestic L/C Issuer and Domestic Swingline Lender.

  • The agreements in this Section 11.04 shall survive the resignation of the Domestic Administrative Agent, the Domestic Collateral Agent, the Canadian Administrative Agent, the Canadian Collateral Agent, any L/C Issuer and the Canadian Swing Line Lender, the replacement of any Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all the other Obligations.

  • Upon request by the Administrative Agent, the Domestic Collateral Agent or the PRUSVI Collateral Agent, at any time, the Lenders will confirm in writing such Agent’s authority to release particular types or items of Collateral pursuant to this subsection 10.9.

  • The Borrowers, the Administrative Agent, the Domestic Collateral Agent, the PRUSVI Collateral Agent and the Lenders are parties to that certain Credit Agreement, dated as of September 29, 2006, (as it may hereafter be further amended, restated or otherwise modified, the “Credit Agreement”).

  • Multiple counterparts of this Amendment duly executed by the Borrowers, the Guarantors, the Lenders, the Administrative Agent, the Domestic Collateral Agent, and the Foreign Collateral Agent.

  • The Domestic Borrowers agrees that the Domestic Collateral Agent need not give more than ten (10) days’ notice of the time and place of any public sale or of the time after which a private sale or other intended disposition is to take place and that such notice is reasonable notification of such matters.

  • Parent Borrower shall have used reasonable best efforts to cause the Administrative Agent and the other Secured Parties to have been named as additional insureds with respect to liability policies and the Domestic Collateral Agent and/or the PRUSVI Collateral Agent, as applicable, to have been named as loss payee with respect to the casualty insurance maintained by each Borrower insuring the Facility Assets.

  • The Borrowers, the Administrative Agent, the Domestic Collateral Agent, the PRUSVI Collateral Agent and the Lenders are parties to that certain Credit Agreement, dated as of September 29, 2006, as amended by the First Amendment thereto, dated as of October 6, 2006 (as it may hereafter be further amended, restated or otherwise modified, the “Credit Agreement”).


More Definitions of Domestic Collateral Agent

Domestic Collateral Agent has the meaning specified in the Preamble.
Domestic Collateral Agent means Wells Fargo Bank Texas, N.A. and its successors and assigns, as appo▇▇▇▇▇ under the Collateral Agency Agreement.