Initial Term Agent definition

Initial Term Agent has the meaning set forth in the Preamble to this Agreement.
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Initial Term Agent shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successors thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, “Trustee”, “Security Trustee”, “Collateral Trustee” or similar term under any Term Loan Credit Agreement.
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Initial Term Agent has the meaning assigned to that term in the Recitals.
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Examples of Initial Term Agent in a sentence

  • The Term Claimholders have expressly authorized and instructed [] to execute and deliver this Agreement as Initial Term Agent and Initial Term Representative.

  • ABL AGENT: BANK OF AMERICA, N.A., as ABL Agent By: Title: INITIAL TERM AGENT: JPMORGAN CHASE BANK, N.A., as Initial Term Agent By: Title: Each Borrower, each ABL Guarantor and each Term Guarantor hereby acknowledges that it has received a copy of this Amendment and consents thereto, agrees to recognize all rights granted thereby to the ABL Agent and each Term Agent, and will not do any act or perform any obligation which is not in accordance with the agreements set forth in this Amendment.

  • The Initial ABL Agent, for itself and on behalf of the Initial ABL Claimholders, and the Initial Term Agent, for itself and on behalf of the Initial Term Claimholders, desire to enter into this Agreement (i) to confirm the relative priority of their respective security interests in the assets of the Loan Parties, (ii) to provide for the application, in accordance with such priorities, of proceeds of such assets and properties and (iii) to address certain other matters.

  • Each Secured Party hereby further (x) consents to the subordination of Liens provided for in the Intercreditor Agreement, (y) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreement and (z) authorizes and instructs the Administrative Agent to enter into the Intercreditor Agreement as Initial Term Agent and on behalf of such Secured Party.

  • The Term Claimholders have expressly authorized and instructed Wilmington Trust, National Association to execute and deliver this Agreement as Initial Term Agent and Initial Term Representative.

  • This Agreement shall become effective when executed and delivered by the parties hereto (it being understood that this Agreement shall become effective among the Grantors, the ABL Claimholders and the Term Claimholders upon execution and delivery of this Agreement by the ABL Agent, the Initial Term Agent and the Grantors party hereto on the date hereof).

  • Telephone: ▇▇▇-▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ Electronic Mail: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ ▇▇▇▇▇▇▇ SACHS LENDING PARTNERS LLC, as Agent under the Term Loan Agreement , as Initial Term Agent By: /s/ ▇▇▇▇▇▇ ▇.

  • At least 120 days prior the expiration of the Initial Term, Agent shall notify Company of the proposed fee schedule.

  • CITIBANK, N.A., as Initial ABL Agent By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇ Title: Vice President WILMINGTON TRUST, NATIONAL ASSOCIATION, not in its individual capacity but solely as Initial Term Representative and Initial Term Agent By: /s/ ▇▇▇▇ ▇.

  • Capacity of Initial Term Agent .........................................................................................


More Definitions of Initial Term Agent

Initial Term Agent has the meaning set forth in the preamble to this Agreement. “Initial Term Claimholders” means, as of any date of determination, the holders of the “Obligations”, as that term is defined in the Term Credit Facility Agreement, at that time, including (i) the Initial Term Agent, (ii) the Initial Term Representative and (iii) the Initial Noteholders. “Initial Term Representative” has the meaning set forth in the preamble to this Agreement. “Insolvency Proceeding” means: (i) any voluntary or involuntary case or proceeding under any Bankruptcy Law with respect to any Grantor; (ii) any other voluntary or involuntary insolvency or bankruptcy case or proceeding, or any receivership, liquidation or other similar case or proceeding with respect to any Grantor or with respect to a material portion of its assets; (iii) any liquidation, dissolution or winding up of any Grantor (other than any of the foregoing permitted under the ABL Documents and the Term Documents) whether voluntary or involuntary and whether or not involving insolvency or bankruptcy; or (iv) any assignment for the benefit of creditors or any other marshaling of assets or liabilities of any Grantor. “Intellectual Property” means all intellectual property of every kind and nature and any other similar intangible rights throughout the world, including inventions, designs, patents, copyrights, licenses, trademarks and service marks (including the goodwill connected with the use thereof and symbolized thereby), domain names, trade secrets, confidential or proprietary technical and business information, know-how or other confidential or proprietary data or information, technology, processes, software and databases, together with any and all (i) rights and privileges arising under applicable law with
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Related to Initial Term Agent

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the Initial Term Loans made thereunder.