Existing Facility Agent definition

Existing Facility Agent means the administrative agent or like entity under an Existing Facility Agreement.

Existing Facility Agent means the "Facility Agent" as such term is defined in the Existing Facility Agreement.

Existing Facility Agent has the meaning given to the term "Agent" in the Existing Facility Agreement.

Examples of Existing Facility Agent in a sentence

• Each of the undersigned, to the extent it is an Existing Facility Agent under one or more of the Existing Credit Facilities, in its capacity as such Existing Facility Agent under each such Existing Credit Facility, acknowledges the funding provisions set forth in Section 2.2(b) and agrees that it shall comply with the notice received by it in the form of Exhibit C.

• The payment by the Facility Agent under Clause 5.6 (Payment to third parties) to the Builder, or as the case may be, the Existing Facility Agent shall constitute the making of the relevant Advance and the Borrowers shall at that time become indebted, as principal and direct obligors, to each Lender in an amount equal to that Lender’s participation in that Advance.

• As of the date hereof, the Existing Facility Agent is the Representative of the Existing Lenders under the Existing Credit Agreement and the New Facility Agent is the Representative of the New Lenders under the New Credit Agreement.

• That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the Advance to the account of a Borrower, the Corporate Guarantor or of the relevant Existing Facility Agent under the relevant Existing Facility Agreement which the Borrowers specify in the relevant Utilisation Request.

• The undersigned, to the extent it is the Existing Facility Agent under the Existing Credit Facility, in its capacity as the Existing Facility Agent under the Existing Credit Facility, acknowledges the funding provisions set forth in Section 2.02(b) and agrees that it shall comply with the notice received by it in the form of Exhibit C.

More Definitions of Existing Facility Agent

Existing Facility Agent means the “Agent” as such term is defined in the Existing Facility Agreement.

Existing Facility Agent means Toronto Dominion (Texas) LLC as facility agent under the Existing Facility.

Existing Facility Agent means The Toronto-Dominion Bank, in its capacity as the "Agent" under and as defined in the Existing Credit Agreement and includes any replacement "Agent" appointed under the Existing Credit Agreement.

Existing Facility Agent means The Royal Bank of Scotland Plc.

Existing Facility Agent means Lucid Agency Services Limited of 6th Floor, Nx 0 Xxxxxxxx 0-0 Xxxxxx Xxxx Xxxxxxxxx, Xxxxxx Xxxx, Xxxxxx, Xxxxxx Xxxxxxx, XX0X 0XX.

Existing Facility Agent means, in relation to the Existing Facility Agreement, the "Agent" as such term is defined therein. "Existing Facility Agreement" means the facility agreement dated 16 December 2016 (as amended from time to time) and entered into between (amongst others) the Borrower as borrower and Nordea Bank Abp, filial i Norge as agent and security trustee relating to a loan facility of (originally) $409,500,000 relating to, amongst other vessels, XXXX, XXXXXX and XXXX. "Existing Indebtedness" means, at any date, the outstanding Financial Indebtedness of the Borrower on that date under the Existing Facility Agreement. "Existing Security Interests" means any Security Interests created to secure the Existing Indebtedness under the Existing Facility Agreement. "Existing Ship" means: (a) each of the vessels listed in Part A of Schedule 6 (Details of Existing Ships, Newbuild Ship and Upsize Ship) which are owned by the Borrower (and which are also sometimes referred to in this Agreement by their individual names); and (b) each Replacement Ship that has become an Existing Ship in accordance with Clause 9.11 (Replacement Ships). "Facility" means the Newbuild Loan, the Upsize Loan or the Revolving Facility. "Facility Office" means the office or offices notified by a Lender to the Agent in writing on or before the date it becomes a Lender (or, following that date, by not less than 5 Business Days' written notice) as the office or offices through which it will perform its obligations under this Agreement. "Fallback Interest Period" means one month. "FATCA" means (a) sections 1471 to 1474 of the Code or any associated regulations or other official guidance; (b) any treaty, law, regulation or other official guidance enacted in any other jurisdiction, or relating to an intergovernmental agreement between the US and any other jurisdiction, which (in either case) facilitates the implementation of paragraph (a) above; or (c) any agreement pursuant to the implementation of paragraphs (a) or (b) above with the US Internal Revenue Service, the US government or any governmental or taxation authority in any other jurisdiction. "FATCA Application Date" means: (a) in relation to a "withholdable payment" described in section 1473(1)(A)(i) of the Code (which relates to payments of interest and certain other payments from sources within the US), 1 July 2014; or

Existing Facility Agent means X.X. Xxxxxx Europe Limited in its capacity as agent under the Existing Facility.