Authorized Term Collateral Agent definition

Authorized Term Collateral Agent shall have the meaning given such term in the Term Intercreditor Agreement.
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Authorized Term Collateral Agent means the “Authorized Term Collateral Agent” as defined in the Term Intercreditor Agreement. On the date of this Agreement, the Authorized Term Collateral Agent is the Notes Agent. Upon a change of the Person acting as “Authorized Term Collateral Agent” pursuant to the terms of the Term Intercreditor Agreement, such Person acting as the succeeding Authorized Term Collateral Agent shall provide written notice to each other party hereto that such Person is acting in such capacity in the manner set forth in Section 10.8 hereof.
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Authorized Term Collateral Agent means, with respect to any Common Collateral, (i) until the earlier of (x) the Applicable Authorized Agent Date and (y) the Non-Controlling Authorized Representative Enforcement Date, the Notes Collateral Agent and (ii) from and after the earlier of (x) the Applicable Authorized Agent Date and (y) the Non-Controlling Authorized Representative Enforcement Date, the Major Non-Controlling Authorized Representative.
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Examples of Authorized Term Collateral Agent in a sentence

  • Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Term Security Document by or through any one or more sub-agents appointed by the Authorized Term Collateral Agent and shall not be responsible for the negligence of such sub-agents appointed with reasonable care.

  • Notwithstanding the equal priority of the Liens securing each Series of Term Obligations, the Authorized Term Collateral Agent may, subject to the ABL Intercreditor Agreement, deal with the Common Collateral as if such Authorized Term Collateral Agent had a senior Lien on such Common Collateral.

  • As between the Term Secured Parties, the Authorized Term Collateral Agent shall have the right, but no obligation, to adjust or settle any insurance policy or claim covering or constituting Common Collateral in the event of any loss thereunder and to approve any award granted in any condemnation or similar proceeding affecting the Common Collateral.

  • The Authorized Term Collateral Agent may consult with legal counsel (who may include, but shall not be limited to counsel for Holdco, counsel for the Synthetic Letter of Credit Facility Agent or counsel for the Notes Collateral Agent), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

  • Very truly yours, WILMINGTON TRUST FSB as Authorized Term Collateral Agent By: Name: Title: cc: [name of Lien Grantor] EXHIBIT G to Security Agreement SECURITIES ACCOUNT CONTROL AGREEMENT SECURITIES ACCOUNT CONTROL AGREEMENT dated as of , among (the “Lien Grantor”), JPMORGAN CHASE BANK, N.A., as Agent (the “Secured Party”), and (the “Securities Intermediary”).

  • Furthermore, (a) the rights of the Trustee to direct the Collateral Agent to exercise remedies with respect to the Collateral are subject in all respects to the Term Intercreditor Agreement and (b) the rights of the Collateral Agent, in its capacity as Authorized Term Collateral Agent to exercise remedies with respect to the Collateral are subject in all respects to the ABL Intercreditor Agreement, notwithstanding any directions received from the Holders of the Notes and any other Term Obligations.

  • The Authorized Term Collateral Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person.

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

  • Very truly yours, WILMINGTON TRUST FSB as Authorized Term Collateral Agent By: Name: Title: cc: [name of Lien Grantor] EXHIBIT H to Security Agreement DEPOSIT ACCOUNT CONTROL AGREEMENT DEPOSIT ACCOUNT CONTROL AGREEMENT dated as of , among (the “Lien Grantor”), JPMORGAN CHASE BANK, N.A., as Agent (the “Secured Party”), and (the “Bank”).

  • The Authorized Term Collateral Agent and each Authorized Representative may rely conclusively, and shall be fully protected in so relying, on any determination made by it in accordance with the provisions of the preceding sentence (or as otherwise directed by a court of competent jurisdiction) and shall have no liability to any Grantor, any Term Secured Party or any other Person as a result of such determination.

Related to Authorized Term Collateral Agent

  • Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.

  • ABL Collateral Agent means the “Collateral Agent” as defined in the ABL Credit Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Trust Collateral Agent means such successor Person.

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • Second Lien Collateral Agent means the “Collateral Agent” under and as defined in the Second Lien Credit Agreement.

  • Collateral Agent as defined in the preamble hereto.

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • First Lien Collateral Agent means the First Lien Credit Agreement Collateral Agent and any Additional First Lien Obligations Agent.

  • U.S. Collateral Agreement means the U.S. Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, Intermediate Holdings, the U.S. Borrower, each Domestic Subsidiary Loan Party and the Collateral Agent.

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Additional Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Managing general agent or "MGA" means any person who:

  • Collateral Agents means the Credit Agreement Collateral Agent, the Notes Collateral Agent and each Additional Collateral Agent.

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Supplemental Administrative Agents shall have the corresponding meaning.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • ABL Collateral Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • Control Agent has the meaning specified in the Intercreditor Agreement.

  • Collateral Agent Fees shall have the meaning assigned to such term in Section 2.12(c).

  • Supplemental Agent has the meaning set forth in Section 9.14(a) and “Supplemental Agents” shall have the corresponding meaning.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.