Examples of Term Loan Facility Administrative Agent in a sentence
The Term Loan Facility Administrative Agent shall hold or direct such distributions for the benefit of the holders of the Allowed Term Loan Facility Claims, as applicable.
The Term Loan Facility Administrative Agent shall be deemed to be the holder of the Term Loan Facility Claims, as applicable, for purposes of distributions to be made hereunder, and the Distribution Agent shall make all distributions on account of such Allowed Term Loan Facility Claims to or on behalf of the Term Loan Facility Administrative Agent.
The interest rate margin applicable under the Amended Term Loan Credit Agreement is 3.25% in the case of loans drawn at LIBOR and 2.25% in the case of loans drawn under the prime rate (as determined by the Term Loan Facility Administrative Agent).
The Term Loan Facility Administrative Agent shall hold or direct such distributions for the benefit of the holders of the Allowed Term Loan Facility Claim, as applicable.
The Term Loan Facility Administrative Agent shall be deemed to be the holder of the Term Loan Facility Claim, as applicable, for purposes of distributions to be made hereunder, and the Distribution Agent shall make all distributions on account of such Allowed Term Loan Facility Claim to or on behalf of the Term Loan Facility Administrative Agent.
The Term Loan Facility Administrative Agent shall credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Term Loan Facility Administrative Agent by the Term Lenders in immediately available funds.
Without limiting the generality of the foregoing, the Term Loan Facility Administrative Agent shall have the sole and exclusive right and authority to act as the disbursing and collecting agent for the Term Loan Lenders with respect to all payments and collections arising in connection with the Term Loan Facility any other Obligations under the Loan Documents (other than in respect of the Revolving Credit Facility or any Swap Contracts or Cash Management Documents that constitute Loan Documents).
If to the Term Loan Facility Administrative Agent: Xxxxxx Xxxxxxx Senior Funding, Inc.
The Term Loan Facility Administrative Agent may resign at any time by giving written notice thereof to the other Agents, the Term Loan Lenders and the Borrower.
Unless otherwise waived by the Collateral Agent, with respect to each such Additional Mortgage, the Borrower delivers to the Term Loan Facility Administrative Agent a title insurance policy, a survey, or other documents in connection with a mortgage on the applicable property, then it shall deliver to the Collateral Agent contemporaneously with such Additional Mortgage a title insurance policy, a survey and such additional documents.