Foreign Administrative Agent definition

Foreign Administrative Agent means any Administrative Agent that is not a U.S. Person.
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Foreign Administrative Agent means any Administrative Agent that is not organized under the laws of the jurisdiction in which a Borrower is resident for tax purposes by application of the laws of that jurisdiction and that is not otherwise considered or deemed in respect of any amount payable to it hereunder or under any Credit Document to be resident for income tax or withholding tax purposes in the jurisdiction in which such Borrower is resident for tax purposes by application of the laws of that jurisdiction. For the purposes of this definition, Canada and each Province and Territory thereof shall be deemed to constitute a single jurisdiction and the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction.
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Foreign Administrative Agent means any Administrative Agent that is not a U.S. Person. “Foreign Lender” means any Lender that is not a U.S. Person.
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Examples of Foreign Administrative Agent in a sentence

  • Promptly after receipt by the Foreign Swingline Lender of any telephonic Loan Notice, the Foreign Swingline Lender will confirm with the Foreign Administrative Agent (by telephone or in writing) that the Foreign Administrative Agent has also received such Loan Notice and, if not, the Foreign Swingline Lender will notify the Foreign Administrative Agent (by telephone or in writing) of the contents thereof.

  • Each Foreign Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Foreign Administrative Agent with respect to the Collateral are more fully set forth in the Foreign Security Agreement.

  • The Foreign Administrative Agent shall remit the funds so received to the applicable Foreign Issuing Bank.

  • Such Letter of Credit Application must be received by the applicable Issuing Bank and the Foreign Administrative Agent not later than 11:00 A.M. (Local Time) at least two Business Days (or such later date and time as such Issuing Bank may agree in a particular instance in its sole discretion) prior to the proposed issuance date or date of amendment, as the case may be.

  • A certificate of the applicable Foreign Issuing Bank submitted to any Foreign Revolving Credit Lender (through the Foreign Administrative Agent) with respect to any amounts owing under this clause (vi) shall be conclusive absent manifest error.

  • The Foreign Administrative Agent agrees to apply such funds and the Foreign Borrowers consent to such application.

  • All such remuneration, costs and expenses shall be treated, for the purposes of this Agreement, as paid or incurred by the Foreign Administrative Agent.

  • Upon any such termination, the Foreign Administrative Agent will, at the Foreign Grantors’ expense, execute and deliver to Foreign Grantors such documents as any Foreign Grantor shall reasonably request to evidence such termination.

  • If any amounts or proceeds shall have been deposited in the Foreign Administrative Agent’s Office pursuant to clause (i) of this subsection (b) and shall not have been applied as provided in Section 22(b), at such time as no Event of Default shall then be continuing, the Foreign Administrative Agent shall release such remaining amounts or proceeds to the applicable Foreign Grantor.

  • To effectuate the foregoing intention, the Foreign Administrative Agent, the other Foreign Secured Parties and the undersigned hereby irrevocably agree that the Foreign Obligations of the undersigned under this Foreign Guaranty Supplement and the Foreign Guaranty at any time shall be limited to the maximum amount as will result in the Foreign Obligations of the undersigned under this Foreign Guaranty Supplement and the Foreign Guaranty not constituting a fraudulent transfer or conveyance.


More Definitions of Foreign Administrative Agent

Foreign Administrative Agent means Nordea in its capacity as foreign administrative agent for the Lenders under the Credit Documents, and any successor in such capacity.
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Foreign Administrative Agent means National
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Foreign Administrative Agent has the meaning specified in the recital of parties to this Agreement.
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Related to Foreign Administrative Agent

  • Canadian Administrative Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian administrative agent for the Lenders hereunder.

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Term Administrative Agent shall have the meaning set forth in the recitals hereto.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Term Loan Administrative Agent means the administrative agent under the Term Loan Agreement

  • Administrative Agent’s Office means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Administrative agency or "agency" means each board, bureau, commission,

  • Administrative Agent's Payment Office means the address for payments set forth on the signature pages hereof in relation to the Administrative Agent or such other address as the Administrative Agent may from time to time specify in accordance with Section 10.01.

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Administrative Agent’s Fee shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Borrower Agent as defined in Section 4.4.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of July 28, 2010, among the Administrative Agent, Banc of America Securities LLC, the Borrower and the Parent, as amended, modified, restated or supplemented from time to time.

  • Administrative Agent-Related Persons means Administrative Agent, its Affiliates, and the officers, directors, employees, agents and attorneys-in-fact of the Administrative Agent and its Affiliates.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in US Dollars or any Letter of Credit, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in any Alternative Currency, the London Agent.

  • Canadian Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian agent for the Lenders hereunder, or any successor Canadian agent.

  • Administrative Agents means the Administrative Agent and the Canadian Administrative Agent.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;