Examples of Senior LC Facility Administrative Agent in a sentence
The Bank of Nova Scotia hereby accepts this appointment and agrees to act as the Senior LC Facility Administrative Agent for the Senior LC Lenders and the Senior Issuing Bank in accordance with the terms of this Agreement.
The Senior LC Facility Administrative Agent shall have received a legal opinion of Xxxxxx Xxxxx LLP, New York counsel and special Delaware counsel to the Borrower, in form and substance reasonably satisfactory to the Senior LC Facility Administrative Agent, the Senior Issuing Bank and each of the Senior LC Lenders (with sufficient copies thereof for each addressee).
The Senior LC Facility Administrative Agent shall have received a copy of the FERC Section 3 Order in Docket No. CP13-2-000 approving the Modification Project (as described in the application filed by the Borrower in such Docket).
The costs and expenses incurred by the Senior LC Facility Administrative Agent in creating and maintaining the Platform shall be paid by Borrower in accordance with Section 11.06 (Costs and Expenses).
Funds received after 5:00 p.m. New York City time, shall be deemed to have been received by the Senior LC Facility Administrative Agent on the next succeeding Business Day.
The exculpatory provisions of this Article X shall apply to any such sub-agent and to the Related Parties of the Senior LC Facility Administrative Agent, and shall apply to all of their respective activities in connection with their acting as or for the Senior LC Facility Administrative Agent.
The Senior Issuing Bank and each Senior LC Lender agrees to notify the Senior LC Facility Administrative Agent in writing (including by electronic communication) from time to time of such Senior LC Lender's e-mail address(es) to which the notices may be sent by electronic transmission and that such notices may be sent to such e-mail address(es).
The Senior LC Facility Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.
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.
The Senior LC Facility Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties.