Facility B Agents definition
Examples of Facility B Agents in a sentence
The power of Facility B Agents and Lenders under the Loan Papers is limited to the Rights provided in the Loan Papers, which Rights exist solely to assure payment and performance of the Obligation and may be exercised in a manner calculated by Facility B Agents and Lenders in their respective good faith business judgment.
Except for the representations and covenants in SECTION 10.1(C) in favor of Borrower, none of the provisions of this SECTION 10 shall inure to the benefit of any Restricted Company or any other Person other than Facility B Lenders and Facility B Agents; consequently, neither any Restricted Company nor any other Person shall be entitled to rely upon, or to raise as a defense, in any manner whatsoever, the failure of any Facility B Lender or Facility B Agent to comply with such provisions.
Nothing herein shall be construed as creating a partnership or joint venture among Facility B Agents and Facility B Lenders or among Lenders.