Examples of Term Register in a sentence
Term Agent, acting for this purpose as an agent of the Borrowers, shall maintain at one of its offices in the City of New York a copy of each Assignment Agreement delivered to it and a register for the recordation of the names and addresses of the Term Lenders, and the Term Loan Commitment of, and principal amount of the Term Loans owing to, each Term Lender pursuant to the terms hereof from time to time (the "Term Register").
Solely for the purposes of maintaining the Revolving Loan Register and for tax purposes only Borrowing Base Agent shall be deemed to be acting on behalf of the Credit Parties, and solely for the purposes of maintaining the Term Register and for tax purposes only Administrative Agent shall be deemed to be acting on behalf of the Credit Parties.
Unless and until an Assignment and Acceptance effecting the assignment or transfer of the obligations evidenced hereby shall have been accepted by Administrative Agent and recorded in the Term Register, Borrower, each Agent and Lenders shall be entitled to deem and treat Payee as the owner and holder of this Note and the obligations evidenced hereby.
The Term Loan Administrative Agent is authorized to make appropriate entries in the Term Register to reflect any cancellation of the Term Loans repurchased and cancelled pursuant to this Section 11.2(i).