Examples of Interim Administrative Agent in a sentence
Upon receipt of any such notice the Interim Administrative Agent shall promptly notify each relevant Lender thereof.
Each Blocked Account Control Agreement is effective to create in favor of the Interim Administrative Agent, for the benefit of the "secured parties" as defined in the Interim Credit Agreement, a legal, valid and enforceable security interest in the Collateral described therein and the proceeds thereof.
Subject to the penultimate sentence of this Section 10.6(b)(v), the entries in the Register shall be conclusive, and the Borrower, the Interim Administrative Agent and the Lenders may treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary.
A set of the copies of this Agreement signed by all the parties shall be lodged with the Borrower and the Interim Administrative Agent.
Reserves are reviewed for adequacy on a periodic basis and are adjusted as appropriate.
In the event that the Interim Administrative Agent receives such a notice, the Interim Administrative Agent shall give notice thereof to the Lenders.
The Interim Administrative Agent may deem and treat the payee of any Note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the Interim Administrative Agent.
Each Lender and the Interim Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Loan Parties that pursuant to the requirements of the Patriot Act, it may be required to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of such Loan Party and other information that will allow such Lender or the Interim Administrative Agent, as applicable, to identify such Loan Party in accordance with the Patriot Act.
The Borrower shall, and shall cause each of its Subsidiaries to, provide, to the extent commercially reasonable, such information and take such actions as are reasonably requested by the Interim Administrative Agent or any Lenders in order to assist the Interim Administrative Agent and the Lenders in maintaining compliance with the Patriot Act.
In making determinations and allocations required by this Section, the Interim Administrative Agent may conclusively rely upon information provided to it by the holder of the relevant Interim Obligations (which, in the case of the immediately preceding sentence shall be a reasonable estimate of the amount of the Interim Obligations) and shall not be required to, or be responsible for, ascertaining the existence of or amount of any Interim Obligations.