Permitted Agent means, in connection with the Loans, (i) administrative agents, collateral agents, arrangers, trustees and similar agents (and any sub-agents) appointed under the Related Documents, (ii) financial and restructuring advisors, appraisers and evaluators, (iii) foreign agents retained for foreign perfection purposes or other local law requirements, (iv) back-office operations providers and (v) legal counsel.
Permitted Agent has the meaning as set forth in Section 10.3.
Permitted Agent means: (a) in connection with the Facility Documents, the Collateral Manager, the Document Custodian, the Collateral Administrator, the Intermediary, the Agents and any such party’s sub-agents; and (b) in connection with the Loans, (i) administrative agents, collateral agents, arrangers, trustees and similar agents (and any sub-agents) appointed under the Related Documents, (ii) financial and restructuring advisors, appraisers and evaluators, (iii) foreign agents retained for foreign perfection purposes or other local law requirements, (iv) back-office operations providers and (v) legal counsel, in each case, consistent with the Collateral Manager’s past practice and in the ordinary course of business. “Permitted Assignee” means (i) an Affiliate of any Lender that has a short-term unsecured debt rating or certificate of deposit rating of “A-2” or better by S&P or “P-2” or better by Xxxxx’x, and (ii) any Person who is a Lender immediately prior to any assignment, and which, in the case of clause (i) and at the time of the related assignment, does not require the Borrower to pay any additional or increased costs or is otherwise approved by the Borrower. “Permitted Liens” means: (a) Xxxxx created in favor of the Collateral Agent hereunder or under the other Facility Documents for the benefit of the Secured Parties; and (b) Liens imposed by any Governmental Authority for taxes, assessments or charges not yet delinquent or which are being contested in good faith and by appropriate proceedings if adequate reserves with respect thereto are maintained on the books of the Borrower in accordance with GAAP. “Permitted Securitization” means any private or public term or conduit securitization transaction undertaken by the Borrower or its Affiliates that is secured, directly or indirectly, by any Loan currently or formerly included in the Collateral or any portion thereof or any interest therein released from the Lien of this Agreement, including, without limitation, any collateralized loan obligation or collateralized debt obligation offering or other asset securitization. “Person” means an individual or a corporation (including a business trust), partnership, trust, incorporated or unincorporated association, joint stock company, limited liability company, government (or an agency or political subdivision thereof) or other entity of any kind.
Examples of Permitted Agent in a sentence
Such Use by an Associated Company and/or Permitted Agent shall at no time create a direct contractual relationship between the Company and the Customer’s Associated Company and/or Permitted Agent, and any requests or communications must in all cases come directly through the Customer.
More Definitions of Permitted Agent
Permitted Agent means an organisation which is authorised by the Company in its sole discretion to have Use of the Software and/or Services (such consent to add additional Permitted Agents throughout the Term not to be unreasonably withheld or delayed and may be subject to additional Initial and Quarterly Rental Charges) and which, for the avoidance of doubt, is not required to be a holding company or subsidiary of the Customer as defined by s.1159 Companies Act 2006 and which may be incorporated in, and/or carry out its business within, a country outside of the United Kingdom. Any such Permitted Agents shall be defined on the relevant Order Document as may be updated from time to time by written agreement of the parties;