Revolving Administrative Agent definition
Examples of Revolving Administrative Agent in a sentence
The Revolving Administrative Agent shall make the proceeds of such Swingline Loan available to the Borrower on such Borrowing Date by depositing such proceeds in the account of the Borrower with the Revolving Administrative Agent on such Borrowing Date in immediately available funds.
The Revolving Administrative Agent shall have received (i) a notice of borrowing pursuant to Section 3.2 or 3.4, as the case may be, in connection with any borrowing under the Revolving Commitments or Swingline Loans or (ii) an Application pursuant to Section 3.8 for issuance of a Letter of Credit on behalf of the Borrower.
This Agreement and the other Loan Documents represent the entire agreement of the Borrower, the Administrative Agent, the Term Administrative Agent, the Revolving Administrative Agent and the Lenders with respect to the subject matter hereof and thereof.
Not later than 3:00 p.m., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Revolving Administrative Agent at the Funding Office an amount in immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender.
The Revolving Administrative Agent shall notify the Lenders of any such replacement of a Swingline Lender.