Subordinated Guarantee Agent definition
Examples of Subordinated Guarantee Agent in a sentence
Upon the receipt of any such notice the Subordinated Guarantee Agent shall promptly notify the Administrative Agents of the receipt and contents thereof.
The Subordinated Guarantee Agent shall provide written notice to the Ultimate Parent of any such reserved amount, including a description of such contingent indemnity or reimbursement claims.
JPMORGAN CHASE BANK, N.A., as Subordinated Guarantee Agent, Dex East Administrative Agent, Dex West Administrative Agent and SuperMedia Administrative Agent By: Name: Title: DEUTSCHE BANK TRUST COMPANY AMERICAS, as RHDI Administrative Agent By: Name: Title: By: Name: Title: DEX MEDIA EAST, INC.
The Subordinated Guarantee Agent shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness and shall not be liable to any such holders if it shall mistakenly pay over or distribute to the Subordinated Credit Party or any other Person, money or assets to which any holders of Senior Indebtedness shall be entitled by virtue of this Section 5 or otherwise.
In the absence of such direction, the Subordinated Guarantee Agent shall have no duty to take or refrain from taking any action unless explicitly required herein.
The Subordinated Guarantee Agent shall be entitled to Subordinated Guarantee Agent Fees to the extent incurred or arising, or relating to events occurring, before such resignation or removal.
The Subordinated Guarantee Agent may treat the registered holder or, if none, the payee or indorsee of any promissory note or debenture evidencing a Borrower Obligation as the absolute owner thereof for all purposes and shall not be affected by any notice to the contrary, whether such promissory note or debenture shall be past due or not.
The Subordinated Guarantee Agent shall provide written notice to the Ultimate Parent and each Administrative Agent of any such application of moneys.
The Subordinated Guarantee Agent shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it with due care.
Each Guarantor waives, to the extent permitted by applicable law, presentment, demand, protest and any notice of any kind (except notices explicitly required hereunder, under any Loan Document) in connection with this Agreement and any action taken by the Subordinated Guarantee Agent hereunder.