Collateral Agent Fees and Expenses definition

Collateral Agent Fees and Expenses has the meaning set forth in Section 11.11.

Collateral Agent Fees and Expenses means the fees and expenses payable to the Collateral Agent and Account Bank pursuant to this Agreement or the Security Trust Agreement together with any other fees, payments and amounts owed to the Collateral Agent or the Account Bank under the Security Trust Agreement or this Agreement, including, without limitation, amounts payable pursuant to any indemnification provisions thereunder

Collateral Agent Fees and Expenses has the meaning set forth in Section 11.11. Plan or a determination that a Multiemployer Plan is, or is expected to be, “insolvent” (within the meaning of Section 4245 of ERISA), in “endangered” or “critical” status (within the meaning of Section 432 of the Code or Section 305 of ERISA), or terminated (within the meaning of Section 4041A or Section 4042 of ERISA); (k) the failure of the Borrower or any ERISA Affiliate to pay when due (after expiration of any applicable grace period) any installment payment with respect to withdrawal liability under Section 4201 of ERISA; (l) the Borrower or any ERISA Affiliate incurs any liability under Title IV of ERISA with respect to any Plan (other than premiums due and not delinquent under Section 4007 of ERISA); or (m) the Borrower or any ERISA Affiliate commits any act (or omission) which could give rise to the imposition of fines, penalties, taxes, or related charges under ERISA or the Code.

Examples of Collateral Agent Fees and Expenses in a sentence

• The Collateral Agent’s entitlement to receive Collateral Agent Fees and Expenses (other than any previously accrued and unpaid fees) shall cease on the earlier to occur of: (1) its removal as Collateral Agent and appointment and acceptance by the successor Collateral Agent pursuant to Section 11.4 or (ii) the termination of this Agreement.

• The Junior Secured Notes Indenture Trustee may assert its rights under the Junior Secured Notes Indenture Trustee Charging Lien, including for the payment of any and all accrued Junior Secured Notes Indenture Trustee Fees and Junior Secured Notes Collateral Agent Fees and Expenses.

• Payment in full of all Fees and Collateral Agent Fees and Expenses due on the Initial Advance Date.

• Notwithstanding anything to the contrary herein, the First Priority Security Agreement will continue in effect for the limited purposes of allowing the First Priority Collateral Agent to exercise its First Priority Collateral Agent Lien for the payment of First Priority Collateral Agent Fees and Expenses.

More Definitions of Collateral Agent Fees and Expenses

Collateral Agent Fees and Expenses has the meaning set forth in Section 11.11. “Collateral Custodian” means Wilmington Trust, National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity. USActive 55636781.2055636781.26

Collateral Agent Fees and Expenses has the meaning set forth in Section 11.11. “Collateral Custodian” means Xxxxx Fargo Bank, National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity. USActive 49316845.15 - 8- and (d) of the definition thereof, any Obligor that is an Affiliate of another Obligor shall be treated as the same Obligor; provided that for purposes of this definition, the term Affiliate shall not include any Affiliate relationship which may exist solely as a result of direct or indirect ownership of, or control by, a common Financial Sponsor.