Floor Plan Agent definition

Floor Plan Agent has the meaning specified in the introduction to this Agreement.
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Floor Plan Agent means Bank of America, N.A., as agent for the lenders party to the Floor Plan Financing Agreement
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Floor Plan Agent means BMO ▇▇▇▇▇▇ Bank N.A., in its capacity as administrative agent and collateral agent under the Floor Plan Credit Agreement.
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Examples of Floor Plan Agent in a sentence

  • Upon the acceptance of any appointment as Floor Plan Agent hereunder, such successor Floor Plan Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Floor Plan Agent, and the retiring Floor Plan Agent shall be discharged from its duties and obligations under this Agreement.

  • The Floor Plan Agent may perform any of its duties hereunder by or through its agents and employees.

  • If any indemnity furnished to the Floor Plan Agent shall become impaired, it may call for additional indemnity and cease to do the acts indemnified against until such additional indemnity is given.

  • Each Floor Plan Borrower shall assist the Floor Plan Agent, and its representatives, in whatever way necessary to make the inspections and audits provided for herein.

  • This Agreement shall become effective on the Closing Date, and thereafter shall be binding upon and inure to the benefit of each Borrower, the Agent, the Floor Plan Agent and each Lender and their respective successors and assigns, except that no Borrower shall have the right to assign its rights hereunder or any interest herein except as provided in Section 13.3(a).

  • The Agent, any Lender, or the holder of any of the Notes or Loans, the Floor Plan Agent, and the Swing Line Bank giving consent or notice or making any request of the Company or any of the other Borrowers provided for hereunder, shall notify each Lender, the Floor Plan Agent and the Agent thereof.

  • If the Floor Plan Agent receives such a notice, the Floor Plan Agent shall give notice thereof to the Lenders, the Swing Line Bank and the Agent.

  • Each Lender acknowledges that it has, independently and without reliance upon the Floor Plan Agent, the Agent or any other Lender and based on the financial statements referred to in Section 7.5 and Section 9.5 and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.

  • Each Lender and the Swing Line Bank also acknowledges that it will, independently and without reliance upon the Agent, the Floor Plan Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own decisions in taking or not taking action under or based upon this Agreement, the other Loan Documents, any related agreement or any document furnished hereunder.

  • Promptly, from time to time, such other reports or information as the Agent, the Floor Plan Agent or any Lender may reasonably request.


More Definitions of Floor Plan Agent

Floor Plan Agent has the meaning set forth in the preamble hereof, and shall include, in any event, one or more other agents or similar contractual representatives for one or more lenders that at any time succeeds to or Refinances any or all of the Floor Plan Obligations at any time and from time to time.
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Related to Floor Plan Agent

  • Plan Agent means TSX Trust Company, plan agent for the dividend reinvestment plan.

  • Tender Agent means, with respect to each Group of 2024 Series A Variable Rate Bonds, The Bank of New York Mellon, a New York banking corporation, and its successors and any corporation resulting from or surviving any consolidation or merger to which it or its successors may be a party, or any successor Tender Agent appointed in accordance with the terms of this Supplemental Resolution.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

  • Construction Agent means the Lessee in its capacity as construction agent pursuant to the Construction Agency Agreement.