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Discover LudwigThe phrase "administrative agent" is correct and usable in written English.
It can be used in contexts related to business, finance, or legal matters where an individual or entity acts on behalf of another in an administrative capacity.
Example: "The administrative agent will oversee the distribution of funds to all parties involved in the agreement."
Alternatives: "administrative representative" or "administrative officer".
Exact(17)
Administrative agent in the local government.
The bank group is led by Bank of America, which is serving as the administrative agent.
The Lithuanian provisional government refused to serve as administrative agent for the German occupation and disbanded.
JPMorgan Chase is identified as the biggest creditor, as the administrative agent for a $1.2 billion revolving credit facility.
Paragon also issued $146 million in notes and established a $95 million three-year secured credit facility with Citicorp USA as administrative agent.
Syndicates, it also describes the loan syndication industry generally, and states that an affiliate of a non-bank lender can often serve as the administrative agent.
Similar(43)
The invaders withdrew but asserted the permanency of their authority by leaving administrative agents to collect taxes and recruit soldiers.
Unlike typical investments in securities and debt instruments, there are no registrar records, trusted securities intermediaries, trusted counterparties, administrative agents or other traditional sources of ownership verification.
Investment advisers that act as administrative agents to loan syndicates (either directly or through an affiliate) should consider whether the issues described above are applicable to them.
This LMDB-specific tag can be set to improve the throughput of kadmind and other administrative agents, at the expense of durability (recent database changes may not survive a power outage or other sudden reboot).
The trustees are the administrative agents of the commonwealth in this enterprise, and we may assume, as the Circuit Court of Appeals has held, that the trustees come within the general category of 'public officers' by virtue of their appointment by the Governor, with the advice and consent of the council, and their tenure and duties fixed by law. 1 United States v. Hartwell, 6 Wall.
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