Loan Party Agent definition

Loan Party Agent as defined in Section 4.4.

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Loan Party Agent has the meaning specified in Section 10.09.

Loan Party Agent is defined in Section 12.07(a).

Examples of Loan Party Agent in a sentence

If, upon the expiration of any Interest Period in respect of any Term ▇▇▇▇▇ Rate Loans, Loan Party Agent shall have failed to deliver a Notice of Conversion/Continuation with respect thereto as required above, the Canadian ▇▇▇▇▇▇▇▇ shall be deemed to have elected to convert such Loans into Canadian Prime Rate Loans.
Neither Agent nor any Lender shall have any duty to any Loan Party to make any inspection, nor to share any results of any inspection, appraisal or report with any Loan Party (provided that, except when an Event of Default exists, a representative of Loan Party Agent is given the opportunity to be present during any discussion with any such agent, adviser or independent accountant).
Loan Party Agent shall confirm each such request by prompt delivery to Agent of a Notice of Borrowing or Notice of Conversion/Continuation, if applicable, but if it differs in any material respect from the action taken by Agent or Lenders, the records of Agent and Lenders shall govern.
If, upon the expiration of any Interest Period in respect of any Term SOFR Loans, Loan Party Agent shall have failed to deliver a Notice of Conversion/Continuation with respect thereto as required above, the applicable Borrower shall be deemed to have elected to convert such Loans into U.S. Base Rate Loans (if owing by the U.S. Borrower) or Canadian Base Rate Loans (if owing by the Canadian Borrower).
Each Borrower authorizes Agent and Lenders to extend, convert or continue Loans, effect selections of interest rates, and transfer funds to or on behalf of applicable Borrowers based on telephonic or e-mailed instructions by Loan Party Agent to Agent.

More Definitions of Loan Party Agent

Loan Party Agent the Asian Loan Party Agent, the European Loan Party Agent and/or the North American Loan Party Agent, as the context requires.

Loan Party Agent shall have the meaning given in Section 12.1.

Loan Party Agent as defined in Section 4.4 (Loan Party Agent). Logistics: the business of Borrowers relating to supply chain management for freight distribution.

Loan Party Agent means the Foreign Loan Party Agent and/or the North American Loan Party Agent, as the context requires.

Loan Party Agent as its representative and agent for all purposes under the Loan Documents, including requests for Loans and Letters of Credit, designation of interest rates, delivery or receipt of communications, preparation and delivery of Borrower Materials, receipt and payment of Obligations, requests for waivers, amendments or other accommodations, actions under the Loan Documents (including in respect of compliance with covenants), and all other dealings with Agent, any Issuing Bank or any Lender. Loan Party Agent ▇▇▇▇▇▇ accepts such appointment. Agent and Lenders shall be entitled to rely upon, and shall be fully protected in relying upon, any notice or communication (including any Notice of Borrowing) delivered by Loan Party Agent on behalf of any Loan Party. Agent and Lenders may give any notice or communication with a Loan Party hereunder to Loan Party Agent on behalf of such Loan Party. Each of Agent, Issuing Banks and Lenders shall have the right, in its discretion, to deal exclusively with Loan Party Agent for any or all purposes under the Loan Documents. Each Loan Party agrees that any notice, election, communication, representation, agreement or undertaking made on its behalf by Loan Party Agent shall be binding upon and enforceable against it. AmericasActive:19663285.13 108 With respect to each Specified Jurisdiction Guarantor that is organized under the laws of Mexico

Loan Party Agent and “Guarantor” (as defined in the Multi-Borrower Credit Agreement), and Secured Party, Secured Party has required that Pledgor pledge the Account and the other Pledged Collateral (as each term is hereinafter defined) to Secured Party pursuant to that certain Pledge Agreement dated as of August 29, 2024 (the “Existing Pledge Agreement”), to secure the prompt and complete performance of all of 2024 Borrowers’ obligations, liabilities and indebtedness under the Multi-Borrower Credit Agreement and related Loan Documents (all such obligations, liabilities and indebtedness being, the “Existing Liabilities”).

Loan Party Agent has the meaning specified in Section 2.16(b).