Examples of TL Agent in a sentence
On the Effective Date, the TL Agent will be released and discharged from any further responsibility under the Existing Credit Agreement and the Loan Documents (as defined therein).
Simultaneously, in consideration of the treatment of the Term Loan Claims provided herein, the Guaranty of the Term Loan Claims by the Subsidiary Guarantors (as defined in the Existing Credit Agreement) shall be deemed automatically released upon the Effective Date without any further action by the TL Agent or the Term Lenders and without any further notice to or action, order, or approval of the Bankruptcy Court other than the approval provided in the Confirmation Order.
The Plan is the product of extensive discussions and negotiations between and among, inter alia, the Debtors, the Consenting Lenders, the TL Agent, the Consenting Members and their respective professionals.
Each Debt Party acknowledges that the Agents and the Forbearing Lenders have made no representations as to what actions, if any, they will take after the Forbearance Period, and each TL Agent and Forbearing Lender hereby specifically reserves any and all rights, remedies, and claims it has (after giving effect hereto) with respect to any Events of Default or Defaults that may occur.
For purposes of Cash distributions under the Plan to the Holders of Term Loan Claims, the TL Agent will be and shall act as the Distribution Agent and in acting in such capacity shall be entitled to all of the rights, protections, and indemnities afforded to the TL Agent under the Existing Credit Agreement.
The first time that acceleration could influence returns is during the SEO announcement.
The TL Agent will not vote on behalf of any Holder of Term Loan Claims.
However, this result is not due to better generalization but is due to the inclusion of the training data which comes from the same domain.
For the avoidance of doubt, the TL Agent shall not be required to notify any other Party upon occurrence of a Transfer of the type described in Section 8.1(a)(ii).
Upon such retention, the TL Agent Advisors conducted significant diligence of the Company for the benefit of the Term Lenders, including holding multiple meetings with the Company and the Company Advisors.