Designated Junior Representative definition

Designated Junior Representative means (i) the Initial Junior Representative, until such time as the Junior Priority Debt Facility under the Junior Lien [ ] ceases to be the only Junior Priority Debt Facility under this Agreement and (ii) thereafter, the Junior Representative designated from time to time by the Junior Priority Instructing Group, in a notice to the Senior Representative and the Borrower hereunder, as the “Designated Junior Representative” for purposes hereof.
Designated Junior Representative means (i) the “Controlling Collateral Agent” as defined in the Second Lien Pari Passu Intercreditor Agreement or any comparable designated entity under any successor or alternative agreement to the Second Lien Pari Passu Intercreditor Agreement or (ii) in the case that no Second Lien Pari Passu Intercreditor Agreement or any successor or alternative thereto is then in effect, the remaining Junior Representative.
Designated Junior Representative means (i) the Junior Collateral Agent until such time as the Junior Debt Facility under the Initial Junior Debt Documents ceases to be the only Junior Debt Facility under this Agreement and (ii) thereafter, the Junior Representative designated by all then existing Junior Representatives in a notice to the Designated Senior Representative.

Examples of Designated Junior Representative in a sentence

  • They have found that they have had very little opportunity to influence these partnerships so far.


More Definitions of Designated Junior Representative

Designated Junior Representative means any duly authorized representative of any holders of Secured Notes Obligations, which representative is named as such in the First Lien/Second Lien Intercreditor Agreement (or such other intercreditor agreement having substantially similar terms as the First Lien/Second Lien Intercreditor Agreement, taken as a whole) or any joinder thereto.
Designated Junior Representative means any duly authorized representative of any holders of Second Lien Notes Obligations, which representative is named as such in the First Lien/Second Lien Intercreditor Agreement (or such other intercreditor agreement having substantially similar terms as the First Lien/Second Lien Intercreditor Agreement, taken as a whole) or any joinder thereto.
Designated Junior Representative means (a) with respect to the Shared First Lien Collateral, (i) until the Discharge of Senior Secured Debt Obligations has occurred with respect to Revolving Facility Obligations, the Revolving Facility Agent, and (ii) thereafter, until the Discharge of Senior Secured Debt Obligations has occurred with respect to Second Lien Shared Obligations, the Designated Shared Second Lien Representative, and (b) with respect to the Revolving Facility First Lien Collateral, (i) until the Discharge of Senior Secured Debt Obligations has occurred with respect to the First Lien Shared Obligations, the Designated Shared First Lien Representative, and (ii) thereafter, until the Discharge of the Senior Secured Debt Obligations has occurred with respect to Second Lien Shared Obligations, the Designated Shared Second Lien Representative.
Designated Junior Representative means (a) for so long as any Second Lien Credit Agreement Obligations remain outstanding, the Second Lien Collateral Agent, and (b) thereafter, (i) at any time that any Junior Lien Intercreditor Agreement is in effect, the “Designated Senior Representative” (or similar term) as defined in such Junior Lien Intercreditor Agreement, and (ii) at any other time, the Junior Representative designated from time to time by the Junior Majority Representatives, in a notice to the Designated Senior Representative and the Borrower hereunder, as the “Designated Junior Representative” for purposes hereof.
Designated Junior Representative means (i) the Junior Collateral Agent until such time as the Junior Debt Facility under the Initial Junior Debt Documents ceases to be the only Junior Debt Facility under this Agreement and (ii) thereafter, the Junior Representative designated as the Designated Junior Representative hereunder in any intercreditor agreement governing such Junior Debt Facilities or otherwise designated by all then existing Junior Representatives in a written notice to the Designated Senior Representative as the Designated Junior Representative. The Designated Senior Representative may treat the Junior Collateral Agent (or a subsequently notified Junior Representative) as the Designated Junior Representative until such time as it receives a written notice from the Junior Collateral Agent (or such subsequently notified Junior Representative) or the Borrower that the Junior Collateral Agent (or such subsequently notified Junior Representative) was replaced as Designated Junior Representative.
Designated Junior Representative means (i) the Initial Junior Representative, until such time as the Junior Priority Debt Facility under the Junior Lien [ ] ceases to
Designated Junior Representative means (i) the Initial Junior Representative, until such time as the Junior Priority Debt Facility under the Junior Lien [ ] ceases to