Lender Collateral Agent definition
Examples of Lender Collateral Agent in a sentence
Any adjustment, indulgence, forbearance or compromise that might be granted or given by Lender, Collateral Agent or Servicer (on behalf of the Lender) to Borrower or any Guarantor (as defined in the Loan Agreement).
Notwithstanding anything to the contrary contained in this Agreement, Borrower acknowledges and agrees that any and all reasonable and customary costs and expenses (including, without limitation, any reasonable attorneys’ fees) incurred by any of Lender, Collateral Agent or Servicer in remitting to Operating Company pursuant to this Section 2.6.2(b) any amounts in excess of Monthly Disbursements shall be borne by, and be the responsibility of, Borrower and shall constitute part of the Debt.
In the event that Borrower or Operating Company shall have failed to cause Mortgage Borrower to so instruct Collection Bank, any of Lender, Collateral Agent and Servicer shall have the right to so direct the Collection Bank on behalf of Mortgage Borrower and Operating Company.
Any existing or future right of offset, claim or defense of Borrower against Lender, Collateral Agent, Servicer (on behalf of Lender) or any other Person, or against payment of the Guaranteed Obligations, whether such right of offset, claim or defense arises in connection with the Guaranteed Obligations (or the transactions creating the Guaranteed Obligations) or otherwise.
Upon consummation of an assignment, the transferor Lender, Collateral Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new Notes, as appropriate.
In determining compliance with any condition hereunder to the making of a Loan, that by its terms must be fulfilled to the satisfaction of a Lender, Collateral Agent may presume that such condition is satisfactory to such Lender, unless Collateral Agent shall have received notice to the contrary from such Lender or prior to the making of such Loan.
By /s/ J▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: J▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Lending Office COINBASE CREDIT, INC., as Lender, Collateral Agent and as Administrative Agent By /s/ M▇▇▇ ▇▇▇▇ Title: Head of Prime Finance Coinbase Credit, Inc.
If such funds are not made available to Collateral Agent by such Lender, Collateral Agent shall be entitled to recover such funds on demand from such Lender, together with interest thereon for each day from the date such payment was due until the date such amount is paid to Collateral Agent at the Reference Rate.
A certificate as to the amount of such payment or liability, together with copies of available documentation reflecting the imposition and amount of such Indemnified Taxes or Other Taxes delivered to Borrower by a Lender, Collateral Agent, the L/C Issuer or by Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.
The Servicer shall cooperate fully with the Lender, Collateral Agent and the successor Servicer during the transition of servicing duties.