Agented Lender definition
Examples of Agented Lender in a sentence
Amortization charges are included in cost of sales, selling, general and administrative expenses.Consolidated Financial Statements as of December 31, 2022 and 2021 and for the years ended December 31, 2022, 2021 and 2020 3.
All Obligations owed to Secured Party or any Agented Lender or their Related Parties (collectively, the “Secured Obligations”) are secured by this Security Agreement.
Without limiting the generality of the foregoing, the making of an Advance shall not be construed as a waiver of any Event of Default, regardless of whether any Applicable Lender or any Agented Lender may have had notice or knowledge of such Event of Default at the time.
Securities Intermediary hereby acknowledges the security interest granted to Secured Party (on behalf of itself and any Agented Lender and their Related Parties) by Pledgor.
All Obligations owed to each Agent, Agented Lender or any Applicable Lender (collectively, the “Secured Obligations’”) are secured by this Security Agreement.
Secured Party or any Agented Lender may purchase the Collateral for its own account at any public disposition within the meaning of the UCC.
Each Lender party hereto, and by accepting the benefits hereof, each Agent and each Agented Lender hereby appoints each Applicable Lender as its gratuitous collateral agent for purposes of the security interest granted to such Applicable Lender hereunder.
Pledgor hereby pledges, collaterally assigns and grants to Secured Party, on its own behalf and on behalf of (x) each Agented Lender and (y) all Related Parties of the foregoing to the extent of any Secured Obligations (as defined below) owing to such Related Parties, a continuing first priority security interest in and lien on, and a right of setoff against, the Collateral to secure the payment and the performance of the Secured Obligations.
Pledgor hereby pledges, collaterally assigns and grants to Secured Party, on its own behalf and on behalf of (x) each Agented Lender, (y) all Related Parties of the foregoing to the extent of any Secured Obligations (as defined below) owing to such Related Parties and (z) Administrative Agent, a continuing first priority security interest in and lien on, and a right of set-off against, the Collateral to secure the payment and the performance of the Secured Obligations.
Secured Party and Pledgor hereby intend that this Agreement establish “control” by Secured Party of the Account and the Collateral for purposes of perfecting Secured Party’s security interest in the Account and the Collateral (on behalf of itself and any Agented Lender and their Related Parties) pursuant to Articles 8 and 9 of the UCC, and Securities Intermediary hereby acknowledges that it has been advised of Pledgor’s grant to Secured Party of a security interest in the Account and the Collateral.