Common use of Rights as a First Lien Secured Party Clause in Contracts

Rights as a First Lien Secured Party. (a) The Person serving as the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent and the term “

Appears in 8 contracts

Samples: Intercreditor Agreement (OneStream, Inc.), Collateral Agreement (Pathfinder Acquisition Corp), Intercreditor Agreement (Endeavor Group Holdings, Inc.)

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Rights as a First Lien Secured Party. (a) The Person serving as the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent and the term “

Appears in 4 contracts

Samples: Collateral Agreement (SMART Global Holdings, Inc.), Collateral Agreement (SMART Global Holdings, Inc.), Collateral Agreement (SMART Global Holdings, Inc.)

Rights as a First Lien Secured Party. (a) The Person serving as the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent and the term “

Appears in 3 contracts

Samples: www.sec.gov, First Lien Intercreditor Agreement (Nielsen CO B.V.), First Lien Intercreditor Agreement (Hca Inc/Tn)

Rights as a First Lien Secured Party. (a) The Person serving as the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent and the term “

Appears in 1 contract

Samples: First Lien Intercreditor Agreement (Endo, Inc.)

Rights as a First Lien Secured Party. (a) The Person serving as the Collateral Agent or the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent or the Controlling Agent, as applicable, and the term “

Appears in 1 contract

Samples: Intercreditor Agreement (Sabine Pass Tug Services, LLC)

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Rights as a First Lien Secured Party. (a) The Person serving as the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent and the term “holds

Appears in 1 contract

Samples: Intercreditor Agreement (CDW Corp)

Rights as a First Lien Secured Party. (a) The Person serving as the Controlling Collateral Agent hereunder shall have the same rights and powers in its capacity as a First Lien Secured Party under any Series of First Lien Obligations that it holds as any other First Lien Secured Party of such Series and may exercise the same as though it were not the Controlling Collateral Agent and the term “Secured

Appears in 1 contract

Samples: Security Agreement (Trinseo S.A.)

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