Singapore Agent definition
Examples of Singapore Agent in a sentence
This Section 10.07 is not, and shall not be deemed to constitute, an express or implied agreement by the Administrative Agent or the Singapore Agent or any Singapore Term Loan Lender with any Loan Party for a higher degree of confidentiality than that prescribed in Section 47 of the Banking Act, Chapter 19 of Singapore and in the Third Schedule to the Banking Act, Chapter 19 of Singapore.
In addition, in the event that the Global Certificate is exchanged for definitive Certificates, announcement of such exchange shall be made through the SGX-ST and such announcement will include all material information with respect to the delivery of the definitive Certificates, including details of the Singapore Agent.
At any meeting of the stockholders, the board of directors may, or upon the request of any one or more stockholders or proxies holding or representing not less than 10 percent of the outstanding shares shall, appoint one or more persons as inspectors for such meeting.
Subject to the appointment and acceptance of a successor Agent as provided below, U.S. Agent, Canadian Agent, Singapore Agent and U.K. Agent, respectively, may resign at any time by giving notice thereof to the U.S. Lenders, the Canadian Lenders, Singapore Lenders and U.K. Lenders, respectively, and to U.S. Borrower, Canadian Borrowers, Singapore Lender and U.K. Borrower, respectively.
Upon the acceptance of any appointment as U.S. Agent, Canadian Agent, Singapore Agent or U.K. Agent, as the case may be, hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations hereunder and under any other Loan Documents.
Until such time as Singapore Agent has delivered such acknowledgement, commitment fees shall not accrue hereunder with respect to the Singapore Commitments.
Each Singapore Lender hereby irrevocably appoints and authorizes Singapore Agent to act as its agent hereunder, under the Singapore Letters of Credit and under the other Loan Documents with such powers as are specifically delegated to Singapore Agent by the terms hereof and thereof, together with such other powers as are reasonably incidental thereto.
Singapore Borrower hereby agrees, in addition to the provisions of Section 9.1 hereof, that upon the occurrence and during the continuance of any Event of Default, it shall, if requested by any Agent or by the Majority Lenders (through any Agent), pay to Singapore Agent an amount in immediately available funds equal to the then aggregate amount available for drawings under all outstanding Singapore Letters of Credit, which funds shall be held by Singapore Agent as Cover.
Subject to the terms and conditions hereof, each Singapore Term Loan Lender severally agrees to make on the Business Day immediately following the Second Amendment Effective Date, a single loan to WFS Singapore in an amount equal to such Singapore Term Loan Lender’s Singapore Term Loan Commitment to be funded through the Singapore Agent at its Administrative Agent’s Office.
Notwithstanding anything in this Section 11.5 to the contrary, no amendment, modification, waiver or consent shall be made with respect to Section 10 without the consent of U.S. Agent to the extent it affects U.S. Agent, as U.S. Agent or Canadian Agent to the extent it affects Canadian Agent, as Canadian Agent, Singapore Agent to the extent it affects Singapore Agent, as Singapore Agent, or U.K. Agent to the extent it affects U.K. Agent, as U.K. Agent.