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Common use of The Agent's Duties Clause in Contracts

The Agent's Duties. The Agent shall inform the Lenders promptly of any Event of Default under Clause 13.1.1 of which the Agent has actual knowledge.

Appears in 5 contracts

Sources: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Senior Secured Revolving Credit Facility Agreement, Secured Term Loan Facility Agreement

Related Clauses

  • Agent’s Duties
  • Escrow Agent's Duties
  • The Collateral Agent’s Duties
  • Amendment of Administrative Agent’s Duties, Etc
  • The Administrative Agent’s Duty of Care

Parent Clauses

  • Miscellaneous
  • THE AGENT AND THE BANKS
  • Waiver of Jury Trial
  • Now, Therefore
  • Financial Covenants

Sub-Clauses

  • Remedies
  • Indemnity and Expenses
  • Board of Directors
  • Emergency Repairs
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