New Agent definition

New Agent has the meaning assigned to that term in Section 5.5.
New Agent means an agent who has not completed one full year of sales and service.
New Agent shall have the meaning set forth in Section 5.6.

Examples of New Agent in a sentence

  • Upon satisfaction of the conditions set forth in the foregoing clauses (1) through (4), the Additional Notes Collateral Agent for such Additional Notes Debt or the New Agent for such Refinanced Obligations, as applicable, shall be a Collateral Agent hereunder and the respective obligations will be Additional Notes Obligations or Refinanced Obligations, as applicable, without further act on the part of any Person.

  • The New Agent shall agree in a writing addressed to the other Collateral Agents for the benefit of the ABL Secured Parties or the Notes Claimholders, as the case may be, to be bound by the terms of this Agreement.


More Definitions of New Agent

New Agent means a village, city or county that has applied for and has been granted agent status for the first time, or a village, city or county that has reapplied for and has been granted agent status after termination of the original agent agreement.
New Agent has the meaning set forth in Section 5.7 hereof.
New Agent means an agent that has entered into its first contract with the department or an agent that has applied to re-enter into a contract with the department after termination of a previous contract.
New Agent means the entity approved as administrative agent under the New Secured Debt Documents.
New Agent means Madison Pacific Trust Limited as agent of the New Finance Parties as defined in the New Senior Secured Facility.
New Agent means a person licensed by the State to sell and service eligible crop insurance contracts who has not completed one full year of sales and service.
New Agent is defined in section 4.4.