Examples of Prior Administrative Agent in a sentence
Borrower has delivered to Prior Administrative Agent certain collateral documents to secure the repayment of the Existing Indebtedness to the Prior Lenders, which collateral documents are being assigned to the Administrative Agent in connection with, and concurrently with, the restructuring, rearrangement, renewal, extension and continuation of the Existing Indebtedness pursuant to this Agreement.
Borrower, Toronto Dominion (Texas), Inc., as administrative agent (the "Prior Administrative Agent"), The Toronto-Dominion Bank, as issuing bank, and certain lenders party thereto (the "Prior Lenders") have heretofore entered into a Credit Agreement dated as of December 17, 2001, as amended, modified or supplemented (the "Existing Credit Facility").
The Administrative Agent shall bear no responsibility for any actions taken or omitted to be taken by the Prior Administrative Agent while it served as Administrative Agent under the Credit Agreement and the other Loan Documents.
Furthermore the parties hereto agree that to the extent the Prior Administrative Agent or any Prior Lender gave notice of or otherwise declared an Event of Default to be in existence under the Credit Agreement, including without limitation, pursuant to that certain letter dated June 16, 2009 from the Administrative Agent to the Company, the parties hereto agree such Events of Default are hereby waived.
Xxxx Title: Senior Vice President and Chief Accounting Officer SIGNATURE PAGE TO REFINANCING AMENDMENT BANK OF AMERICA, N.A., as Prior Administrative Agent By /s/ Xxxxxxx X.