Applicable Secured Representative definition

Applicable Secured Representative means, with respect to any Pledged Collateral, (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Applicable Secured Representative Enforcement Date, the Administrative Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Applicable Secured Representative Enforcement Date, the Major Non-Applicable Secured Representative.
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Applicable Secured Representative as of any date is: until the earlier of (x) the Discharge of the Senior Secured Credit Facility Obligations and (y) the Non-Applicable Secured Representative Enforcement Date, the Collateral Agent and (ii) from and after the earlier of (x) the Discharge of the Senior Secured Credit Facility Obligations and (y) the Non-Applicable Secured Representative Enforcement Date, the Major Non-Applicable Secured Representative.
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Applicable Secured Representative means, with respect to any Pledged Collateral, (i) until the earlier of (x) the Discharge of
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Examples of Applicable Secured Representative in a sentence

  • No Non-Applicable Secured Representative or Non-Controlling Secured Party will contest, protest or object to any foreclosure proceeding or action brought by the Applicable Secured Representative, Collateral Agent or Controlling Secured Party or any other exercise by the Applicable Secured Representative, Collateral Agent or Controlling Secured Party of any rights and remedies relating to the Pledged Collateral.

  • Notwithstanding the equal priority of the Liens, the Applicable Secured Representative and Collateral Agent may deal with the Pledged Collateral as if such Applicable Secured Representative and Collateral Agent had a senior Lien on such Collateral.

  • Declaration of Trust ........................................6 SECTION 1.07.

Related to Applicable Secured Representative

  • Qualified representative means a person who holds a position with a business organization, who is authorized to act on behalf of the business organization, and who is one of the following:

  • Authorised Representative means any natural or legal person established within the Union who has received a written mandate from a manufacturer to act on his behalf in relation to specified tasks;

  • Designated Representative has the meaning set forth in Section 6(j)(v) of this Agreement.

  • indemnified representative means any and all directors and officers of the corporation and any other person designated as an indemnified representative by the board of directors of the corporation (which may, but need not, include any person serving at the request of the corporation, as a director, officer, employee, agent, fiduciary or trustee of another corporation, partnership, joint venture, trust, employee benefit plan or other entity or enterprise);

  • Appointed Representative has the meaning set forth in Section 10.1.