Examples of Lead Administrative Agent in a sentence
Regardless of the number of official representatives designated in writing to the Lead Administrative Agent, each Basin government shall be entitled to one vote on all matters requiring group action or direction to the Lead Administrative Agent.
Each of the Basin governments shall designate in writing to the Lead Administrative Agent one official representative.
If the Lead Administrative Agent shall fail to obtain consent to any request for an additional currency under this Section 1.06, the Lead Administrative Agent shall promptly so notify the Borrower.
For so long as any Letter of Credit issued by an L/C Issuer is outstanding, such L/C Issuer shall deliver to the Lead Administrative Agent on the last Business Day of each calendar month, and on each date that an L/C Credit Extension occurs with respect to any such Letter of Credit, a report in the form of Exhibit G, appropriately completed with the information for every outstanding Letter of Credit issued by such L/C Issuer.
The Lead Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate Commitments.
The Lead Administrative Agent will arrange and facilitate regular meetings of the Basin governments, not less than once every three months, to discuss the status, progress, funding, and schedule of the Basin flood hazard reduction projects and solutions, and to consider and measure progress toward the goals stated herein.
Each determination by the Lead Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.
All of the Borrower’s obligations under this Article III shall survive termination of the Aggregate Commitments, repayment of all other Obligations hereunder and resignation of the Lead Administrative Agent.
At the time of sending such notice, the Borrower may (but shall not be obligated to) request that all or any portion of the existing Lenders participate in such increase and, to the extent the Borrower has elected to do so, shall (in consultation with the Lead Administrative Agent) specify the time period within which each Lender is requested to respond.
Each such telephonic notice must be confirmed promptly by delivery to such Swing Line Lender and the Lead Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower.