Examples of Additional First Lien Secured Party in a sentence
All notices to any holder of Additional First Lien Obligations shall be given to it in care of the applicable Authorized Representative at such Authorized Representative’s address set forth in the applicable Additional First Lien Secured Party Consent or Additional First Lien Agreement, as the case may be, as such address may be changed by written notice to the Collateral Agent and the Borrower.
In connection with, and contemporaneous with, the execution, authentication and delivery of the Initial Notes, the Trustee is hereby directed and authorized to, and shall, to execute and deliver the Additional First Lien Secured Party Consent substantially in the form attached hereto as Exhibit C.
Without limiting the foregoing and for the avoidance of doubt, it is hereby expressly acknowledged that the Trustee has no responsibility for any modifications appearing in the form of Additional First Lien Secured Party Consent attached hereto as Exhibit C as it may differ from the form of Additional First Lien Secured Party Consent attached to the Security Agreement, including without limitation to the extent the former may deviate from any applicable terms or requirements of the Security Agreement.
The duties or responsibilities of the Credit Agreement Collateral Agent as such gratuitous bailee and agent for perfection shall be limited solely to holding any Shared Collateral as gratuitous bailee for the benefit of any Additional First Lien Secured Party for purposes of perfecting the Lien held by such Additional First Lien Secured Parties therein.
The Additional First Lien Secured Party hereby becomes a Secured Party as [describe capacity].