Examples of First Lien Administrative Agent in a sentence
The First Lien Administrative Agent shall be the disbursing agent for the Allowed First Lien Holder Claims.
The First Lien Administrative Agent shall not be required to give any bond, surety or other security for the performance of its duties with respect to its administration of distributions.
Upon delivery by the Post-Effective Date Debtor of the distributions in conformity with Section 4.2 hereof to the First Lien Administrative Agent, the Post-Effective Date Debtor shall be released of all liability with respect to the delivery of such distributions.
Distributions under the Prepackaged Plan to holders of such Allowed First Lien Holder Claims shall be made by the Post-Effective Date Debtor to the First Lien Administrative Agent, which, in turn, shall make the distributions to the holders of such Allowed Claims.
Swingline Facility: In connection with the Revolving Facility, the First Lien Administrative Agent (in such capacity, the “Swingline Lender”) will make available to the Borrower a swingline facility (the “Swingline Facility”) under which the Borrower may make short-term borrowings (on same-day notice (in minimum amounts to be mutually agreed upon and integral multiples to be agreed upon)) of up to an amount to be agreed.