Common Collateral Agent definition

Common Collateral Agent means Citibank, N.A. or another collateral agent appointed to hold Liens securing the Secured Obligations, in addition to Liens securing other Indebtedness of the Loan Parties (or any of them), including in respect of the ABL Facility and/or the Secured Notes.

Common Collateral Agent means a bank or trust company authorized to exercise corporate trust powers that has been appointed by the Issuers, and has agreed, to act as collateral agent for the equal and ratable benefit of both the holders of obligations secured by the Liens Securing Note Obligations and the holders of all other obligations secured by Liens Securing Other Second-Lien Obligations, in its capacity as such collateral agent.

Common Collateral Agent means Mizuho Bank (USA) or any successor to it appointed pursuant to the terms of the Common Accounts Agreement.

Examples of Common Collateral Agent in a sentence

• The Administrative Agent and Collateral Agent hereby agree to provide such direction and the Secured Parties agree that the Common Collateral Agent shall in all cases be entitled to rely on any such direction.

• The terms of the Initial Intercreditor Agreements, including the provisions thereof governing Single Lien Collateral, are hereby ratified and approved by the Secured Parties in all respects and the Secured Parties direct the Administrative Agent and Collateral Agent and/or Common Collateral Agent, as applicable, to bind itself to the terms thereof on behalf of the Secured Parties.

• Notwithstanding the foregoing, it is acknowledged and agreed that the security interests of the Collateral Agent and the Secured Parties required to be granted hereunder and under the other Loan Documents are intended to be granted to the Common Collateral Agent as collateral agent for all Pari Passu Secured Parties (as defined in the First Lien Intercreditor Agreement) including the Secured Parties, and not to the Collateral Agent in its capacity as such hereunder.

• For the avoidance of doubt, such security interests will be held by the Common Collateral Agent upon the terms of the Intercreditor Agreements and the Security Documents.

• Any requirement of this Agreement or any Security Document to deliver pledged collateral and any certificates, instruments or documents, or to grant any Liens to the Collateral Agent, or any obligation with respect to the delivery, transfer, control, notation or provision of voting rights with respect to any collateral shall be deemed satisfied by the delivery, transfer, control, notation, provision in favor, or granting of any Lien to, the Common Collateral Agent.

More Definitions of Common Collateral Agent

Common Collateral Agent means a bank or trust company authorized to exercise corporate trust powers that has been appointed by the Company, and has agreed, to act as collateral agent for the equal and ratable benefit of both the holders of obligations secured by the Second-Priority Liens Securing Note Obligations and the holders of all other obligations secured by Liens Securing Secondary Collateral Obligations, in its capacity as such collateral agent.

Common Collateral Agent means the Loan Agent, on behalf of each of the Creditor Classes; provided, that at such time as the Credit -------- Agreement shall no longer be in effect, Common Collateral Agent shall mean, for so long as the 1996 Master Lease is in effect, the 1996 Lease Agent.

Common Collateral Agent means the Loan Agent, provided, that at such time as the Credit Agreement shall no longer be in effect, Common Collateral Agent shall mean the Lease Agent.

Common Collateral Agent is defined in the Facilities Agreement. -----------------------

Common Collateral Agent has the meaning set forth in the preamble of this Indenture and any successor thereto under the Collateral Documents.

Common Collateral Agent means, in relation to the German Security Documents, Citibank, N.A., solely in its capacity as common collateral agent under the German Security Documents and any successor thereto appointed in accordance herewith.

Common Collateral Agent means, in relation to the German Security Documents, the Credit Agreement Agent solely in its capacity as collateral agent under the German Security Documents and any successor thereto appointed in accordance herewith.