Examples of JAA Security Agent in a sentence
If no successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then the retiring Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, Collateral Agent, Security Agent or JAA Security Agent, as the case may be, which shall be a bank with an office in New York, New York, or an Affiliate of any such bank.
Upon the acceptance of its appointment as Administrative Agent, the Collateral Agent, the Security Agent or the JAA Security Agent, as the case may be, hereunder by a successor, such successor Administrative Agent, Collateral Agent, Security Agent or JAA Security Agent, as applicable, shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations hereunder.
Upon any such resignation, the Required Lenders shall have the right, in consultation with the Borrowers, to appoint a successor Administrative Agent, Security Agent, JAA Security Agent or Documentation Agent, as the case may be.
The obligations of the Administrative Agent, Security Agent, JAA Security Agent, the FI Trustee and the Documentation Agent shall be separate and several and neither of them shall be responsible or liable for the acts or omissions of the other, except, to the extent that any such Agent serves in more than one agency capacity, such Agent shall be responsible for the acts and omissions relating to each such agency function.
Upon any such resignation by the Administrative Agent or the Collateral Agent, the Required Lenders shall have the right, in consultation with the Borrowers, to appoint a successor Administrative Agent or Collateral Agent (subject to the approval of the Required Lenders under the Parent Credit Agreement), Security Agent or JAA Security Agent, as the case may be.
The Administrative Agent is hereby authorized to, and to instruct the FI Trustee and the JAA Security Agent to, enter into or consent to an amendment to the Participation Agreement or other RTZ Documents permitting PTFI to incur Indebtedness of the type permitted by Section 6.01(a)(iv) or Section 6.01(a)(v) hereof without the necessity of the holders of such Indebtedness becoming party to the Side Letter.
If no successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then the retiring Agent may, on behalf of the Lenders, appoint a successor Administrative Agent, Security Agent, JAA Security Agent or Documentation Agent, as the case may be, which shall be a bank with an office in New York, New York, or an Affiliate of any such bank.
Xxxxxxx Title: Vice President THE CHASE MANHATTAN BANK, individually and as Administrative Agent, Security Agent, JAA Security Agent and Documentary Agent, by /s/Xxxxx X.
The obligations of the Administrative Agent, Collateral Agent, Security Agent, JAA Security Agent, the FI Trustee, the FI Security Agent and the Syndication Agent shall be separate and several and none of them shall be responsible or liable for the acts or omissions of any other, except, to the extent that any such Agent serves in more than one agency capacity, such Agent shall be responsible for the acts and omissions relating to each such agency function.
Upon the acceptance of its appointment as Administrative Agent, Security Agent, JAA Security Agent or Documentation Agent, as the case may be, hereunder by a successor, such successor Administrative Agent, Security Agent, JAA Security Agent or Documentation Agent, as applicable, shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations hereunder.