Senior LC Facility Administrative Agent definition

Senior LC Facility Administrative Agent means The Bank of Nova Scotia, not in its individual capacity, but solely as agent for the Working Capital Lenders under the Working Capital Facility Agreement.
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Examples of Senior LC Facility Administrative Agent in a sentence

  • If the Senior LC Facility Administrative Agent, the Senior Issuing Bank or any Senior LC Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower.

  • The Senior LC Facility Administrative Agent, the Common Security Trustee and the Senior Issuing Bank shall have received (i) a duly executed Request for Issuance, as required by and in accordance with, and meeting the requirements of, Section 3.02(b) (Letters of Credit) and (ii) prior to the Project Completion Date, a certification of an Authorized Officer of the Borrower that the Borrower has no reason to believe that the Project Completion Date will not occur on or prior to the Date Certain.

  • The Senior LC Facility Administrative Agent shall have received evidence that Cheniere Creole Trail Pipeline, L.P. has received equity or debt commitments sufficient to fund all modifications necessary to provide sufficient gas supply to the Borrower as confirmed by the Independent Engineer.

  • In addition, any Senior LC Lender, if reasonably requested by the Borrower or the Senior LC Facility Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the Borrower or the Senior LC Facility Administrative Agent as will enable the Borrower or the Senior LC Facility Administrative Agent to determine whether or not such Senior LC Lender is subject to backup withholding or information reporting requirements.

  • The Senior LC Facility Administrative Agent shall have received a true, correct and complete copy of resolutions, duly adopted by the Borrower authorizing the execution, delivery and performance of this Agreement and a certification from an Authorized Officer of the Borrower that such resolutions have not been modified, rescinded or amended and are in full force and effect.

  • Anything herein to the contrary notwithstanding, no Joint Lead Arranger, Joint Bookrunner, Co-Documentation Agent or Syndication Agent shall have any powers, duties or responsibilities under this Agreement, except in its capacity, as applicable, as the Senior LC Facility Administrative Agent, the Senior Issuing Bank or a Senior LC Lender.

  • The Senior LC Facility Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon.

  • Any such resignation or removal shall take effect upon the appointment of a successor Senior LC Facility Administrative Agent, in accordance with this Section 10.06.

  • The Borrower agrees with each Senior LC Lender, the Senior Issuing Bank, the Senior LC Facility Administrative Agent and each other party hereto that it will perform or observe (as applicable) the obligations set forth in Section 6 (Affirmative Covenants), Section 7 (Negative Covenants) and Section 8 (Reporting Requirements) of the Common Terms Agreement in accordance with the terms thereof.

  • The Senior LC Facility Administrative Agent may be removed at any time (i) by the Required Senior LC Lenders for such Person's gross negligence or willful misconduct or (ii) by the Borrower, with the consent of the Required Senior LC Lenders, for such Person's gross negligence or willful misconduct.

Related to Senior LC Facility 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.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • 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.

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

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

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Canadian Administrative Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian administrative agent for the Lenders hereunder.

  • 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.

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

  • LC Facility means the letter of credit facility established pursuant to Article III.

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

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • 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.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Administrative Agent's Payment Office means the address for payments set forth on the signature pages hereof in relation to the Administrative Agent or such other address as the Administrative Agent may from time to time specify in accordance with Section 10.01.

  • Administrative Agent’s Office means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders.

  • Supplemental Administrative Agents shall have the corresponding meaning.

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

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but in each instance on behalf of the Lenders hereunder.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

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