Examples of Sustainability Agent in a sentence
None of the Administrative Agent, any Issuing Bank, the Sustainability Agent or any Lender undertakes any responsibility to the Parent or the Borrower to review or inform the Parent or the Borrower of any matter in connection with any phase of the Parent’s or Borrower’s business or operations.
Notwithstanding anything contained herein to the contrary, the Sustainability Agent may assign its rights and duties under the Loan Documents to any of its Affiliates by giving the Borrower and each Lender prior written notice.
Neither the Administrative Agent nor the Sustainability Agent shall be required to keep itself informed as to the performance or observance by the Parent, the Borrower or any other Loan Party of the Loan Documents or any other document referred to or provided for therein or to inspect the properties or books of, or make any other investigation of, the Parent, the Borrower, any other Loan Party or any other Subsidiary.
Upon the acceptance of any appointment as Sustainability Agent hereunder by a successor Sustainability Agent, such successor Sustainability Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the current Sustainability Agent, and the current Sustainability Agent shall be discharged from its duties and obligations under the Loan Documents.
Upon any such resignation or removal, the Requisite Lenders shall have the right to appoint a successor Sustainability Agent which appointment shall, provided no Event of Default exists, be subject to the Borrower’s approval, which approval shall not be unreasonably withheld or delayed.