Collateral Agent and Custodian definition

Collateral Agent and Custodian. During the Pre-Closing Period and the Post-Indenture Period, the Bank, when acting in such capacity under the Paying Agent and Custody Agreement, and at all other times the Indenture Trustee, when acting in such capacity under the Indenture.
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Collateral Agent and Custodian. The Bank, acting in such capacity under the Paying Agent and Custody Agreement.
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Collateral Agent and Custodian. The Bank of New York Mellon, not in its individual capacity but solely as collateral agent and custodian, and any successor thereto pursuant to Section 2.23(m) hereof.
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Examples of Collateral Agent and Custodian in a sentence

  • The Collateral Agent will not make any changes to the Collateral Agent Fee set forth in the Collateral Agent and Custodian Fee Letter without the prior written approval of the Administrative Agent and the Borrower.

  • If the Servicer so directs in an Officer’s Certificate, the Collateral Agent and Custodian, for any Tax Lien charged-off in full pursuant to this Section 2.09(b), shall issue an Instrument of Release as provided in Section 2.04(c) hereof for redemption of a Tax Lien.

  • The Collateral Agent and Custodian shall retain custody of the original Tax Lien Certificates at all times, and shall provide reasonable cooperation to the Servicer or outside foreclosure counsel if the production of any original Tax Lien Certificate is necessary for any judicial proceeding relating to the Tax Lien.

  • An Officer’s Certificate of the Servicer certifying that, based on the information provided by the Collateral Agent and Custodian, the Tax Lien has been paid and satisfied in full, shall be forwarded to the Collateral Agent and Custodian.

  • Upon receipt of the Officer’s Certificate, the Collateral Agent and Custodian shall prepare an instrument or instruments necessary to release the lien of the Tax Lien (all such instruments collectively, the “Instruments of Release”), and shall also deliver such Instruments of Release, in recordable form, to or for the benefit of the Property Owner, and deposit any remaining documents into the Servicer’s Tax Lien File.

  • Upon receipt of the Officer’s Certificate, the Collateral Agent and Custodian shall prepare Instruments of Release and shall also deliver such Instruments of Release, in recordable form, as directed by the Servicer, and deposit any remaining documents into the Servicer’s Tax Lien File.

  • The Administrative Agent and the Lenders hereby authorize, direct and consent to the execution of this Amendment by the Collateral Agent and Custodian.

  • The Collateral Agent and Custodian may make reasonable rules and set reasonable requirements for its functions.

  • The Collateral Agent and Custodian is a duly organized and validly existing national banking association under the laws of the United States.

  • In the absence of bad faith on its part, the Collateral Agent and Custodian may conclusively rely on any such directions, notices or other communications and shall incur no liability hereunder for complying with, or assuming the truth of the statements contained in, any such direction, notice or other communication.


More Definitions of Collateral Agent and Custodian

Collateral Agent and Custodian. The Bank of New York Mellon, when acting in such capacity hereunder, and any successor thereto pursuant to Section 3.08 hereof and, as applicable, the Collateral Agent and Custodian pursuant to each of the 1996-1 Paying Agent and Custody Agreement, the 1998-1 Paying Agent and Custody Agreement, the 1999-1 Paying Agent and Custody Agreement, the 2004-A Paying Agent and Custody Agreement, the 2005-A Paying Agent and Custody Agreement, the 2006-A Paying Agent and Custody Agreement, the 2008-A Paying Agent and Custody Agreement, the 2009-A Paying Agent and Custody Agreement, the 2010-A Paying Agent and Custody Agreement, the 2011-A Paying Agent and Custody Agreement, the 2012-A Paying Agent and Custody Agreement, the 2013-A Paying Agent and Custody Agreement, the 2014-A Paying Agent and Custody Agreement, the 2015-A Paying Agent and Custody Agreement, the 2016-A Paying Agent and Custody Agreement, the 2017-A Paying Agent and Custody Agreement and the 2018-A Paying Agent and Custody Agreement.
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Related to Collateral Agent and Custodian

  • Collateral Agent as defined in the preamble hereto.

  • Trust Collateral Agent means such successor Person.

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.

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

  • 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.

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • 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.

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

  • Collateral Trustee has the meaning set forth in the preamble.

  • ABL Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent for the ABL Facility Secured Parties, together with its successors and permitted assigns under the ABL Facility Agreement and the ABL Facility Collateral Documents.

  • 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.

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • 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).

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • Collateral Agent Expenses means all accrued and unpaid expenses (including reasonable attorneys’ fees, costs and expenses) and indemnity amounts payable by the Borrower to the Collateral Agent under the Transaction Documents.

  • Collateral Custodian means U.S. Bank National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity.

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • 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.

  • ABL Administrative Agent means Bank of America in its capacity as administrative agent and collateral agent under the ABL Facilities Documentation, or any successor administrative agent and collateral agent under the ABL Facilities Documentation.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

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

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Collateral Administrator has the meaning set forth in the introductory section of this Agreement.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;