Examples of Senior Credit Agent in a sentence
The Company shall take such further action as is required to effectuate the transfer contemplated hereunder and shall indemnify the Senior Credit Agent for loss or damage suffered by the Senior Credit Agent as a result of such transfer except for loss or damage suffered by the Senior Credit Agent as a result of its own wilful misconduct or bad faith.
To the extent any information, agreement, certificate or other document to be delivered or provided to the Collateral Agent under this Agreement is required to be satisfactory to the Collateral Agent, any information, agreement, certificate or other document substantially similar in form to any corresponding information, agreement, certificate or other document delivered to the Administrative Agent or Senior Credit Agent shall be deemed to be reasonably satisfactory to the Collateral Agent.
This Amendment shall become effective as of the date hereof upon receipt by each of the Receivables Agent and the Senior Credit Agent of counterpart signature pages executed by each party hereto.
Notwithstanding anything to the contrary herein, other than as specified in Section 4.05(a)(ii) hereof, the possession or control of any Collateral which is perfected by the Administrative Agent or Senior Credit Agent by possession or control shall satisfy any requirement hereunder to provide possession or control of such Collateral to the Collateral Agent.
Unless and until the Discharge of First-Lien Obligations has occurred, the Senior Credit Agent and the Senior Creditors shall have the sole and exclusive right, subject to the rights of the Grantors under the Senior Creditor Documents, to adjust settlement for any insurance policy covering the Common Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Common Collateral.