New Facility Agent definition

New Facility Agent has the meaning specified in Section 2.06(a).
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New Facility Agent means ·, in its capacity as the “Agent” under and as defined in the New Credit Agreement and includes any replacement “Agent” appointed under the New Credit Agreement, or if there is only one New Lender, then such New Lender.
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New Facility Agent has the meaning specified in Section 2.06(a). “Non-Voting Lender” has the meaning specified in Section 3.03(c).
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Examples of New Facility Agent in a sentence

  • The New Facility Agent is to become the Facility Agent for the purposes of the Security Deed.

  • As of the date hereof, the Existing Facility Agent is the Representative of the Existing Lenders under the Existing Credit Agreement and the New Facility Agent is the Representative of the New Lenders under the New Credit Agreement.

  • On receipt of the notice referred to in clause 2.1(a), the Existing Facility Agent agrees promptly to notify the Borrower and the New Facility Agent of the amount of the Outstanding Bank Debt.

  • For each Existing Facility and New Facility, Agent will pay for or cause to be paid, the Costs of the Property with the payments made and to be made by Owner pursuant to Article III hereof and, to the extent required in this Agreement, with its own funds.

  • If a successor to the Facility Agent is appointed under the provisions of Clause 23.11 (Successor Facility Agent) or Clause 23.12 (New Facility Agent), then (a) the retiring Facility Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 23 and (b) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.

  • The Existing Facility Agent, the New Facility Agent and the Hedge Coordination Bank must not undertake any of the steps or actions set out in clauses 2 or 3 (other than clause 2.1) until they are satisfied that any such step or action can be completed in full on the Designated Date.

  • NEW SFA means the agreement entitled "Syndicated Facilities Agreement" dated on or about the date of this deed between the Borrower, the New Facility Agent and others.

  • HEDGE RESTRUCTURE AMOUNT means US$60,000,000 (being the amount calculated at a Gold spot price of US$435 per Ounce) as adjusted by agreement between the Borrower and the New Facility Agent to reflect any fluctuation in the Gold spot price, to be paid by the Borrower to the Hedge Coordination Bank on the Designated Date in accordance with clause 2.3(c) of this deed.

  • If a successor to the Facility Agent is appointed under the provisions of Clause 24.11 (Successor Facility Agent) or Clause 24.12 (New Facility Agent), then (a) the retiring Facility Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 and (b) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.


More Definitions of New Facility Agent

New Facility Agent means TD Bank Europe Limited in its capacity as facility agent under the New Facility Agreement.
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New Facility Agent means the Maricopa LC Agent, the Farmington LC Agent and the New Credit Agent, as the context may require.
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New Facility Agent has the meaning specified in Section 2.06(a). “Non-Voting Lender” has the meaning specified in Section 3.03(c). “Notice of Default’ has the meaning specified in Section 4.01(a). “Operating Company” means Puget Sound Energy, Inc., a Washington Corporation, and each other Subsidiary of the Borrower other than any Immaterial Subsidiary and, for the avoidance of doubt, the term Operating Company shall include Puget Western, Inc. “Parent” has the meaning specified in the introductory paragraph of this Agreement. “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. “Possessory Collateral” shall mean any Collateral in the possession of the Collateral Agent or any Authorized Representative (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent or any Authorized Representative (or its agent or bailees) under the terms of the Security Documents. All capitalized terms used in this definition and not defined elsewhere in this Agreement have the meanings assigned to them in the New York Uniform Commercial Code. NYDOCS01/1212479.10 S-8 Puget- Amended and Restated Collateral Agency Agreement 07771-0276/LEGAL16959722.4 5/4/10
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Related to New Facility Agent

  • Facility Agent has the meaning set forth in the Preamble.

  • Exit Facility Agent means the agent under the Exit Facility.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of July 28, 2010, among the Administrative Agent, Banc of America Securities LLC, the Borrower and the Parent, as amended, modified, restated or supplemented from time to time.

  • Term Loan Administrative Agent means Bank of America, in its capacity as administrative agent under the Term Loan Credit Agreement, and its successors and assigns in such capacity.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Administrative Agent Fee Letter means the Administrative Agent Fee Letter dated as of the Closing Date between the Borrower and the Administrative Agent.

  • Term Administrative Agent means Bank of America, N.A., in its capacity as agent for the “Secured Parties” under (and as defined in) the Term Credit Agreement, and its successors and assigns in such capacity.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Administrative Agent means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

  • Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Facility Manager The Authorized User’s representative who is responsible for the day to day operations of the facility(s) referenced in the Project Definition.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Administrative Agent Fee has the meaning specified in the Administrative Agent Fee Letter.

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.