Designated Term Representative definition

Designated Term Representative means “Designated Term Representative” as defined in the ABL/Term Intercreditor Agreement.
Sample 1Sample 2Sample 3
Designated Term Representative means (i) the Term Administrative Agent, until such time as the Discharge of Term Obligations with respect to the Term Credit Agreement has occurred, and (ii) thereafter, the Term Representative designated from time to time by the Term Instructing Group, in a written notice to ABL Agent and the Grantors hereunder, as the “Designated Term Representative” for purposes hereof.
Sample 1
Designated Term Representative means the “Designated Senior Priority Representative” (as defined in the First Lien/Second Lien Intercreditor Agreement) which, as of the date hereof, is CS; provided that (x) following the “Discharge of Senior Priority Obligations” (as defined in the First Lien/Second Lien Intercreditor Agreement) and the delivery of written notice thereof by the “Designated Second Priority Representative” (as defined in the First Lien/Second Lien Intercreditor Agreement) to each Representative, the Designated Term Representative shall be the “Designated Second Priority Representative” (as defined in the First Lien/Second Lien Intercreditor Agreement) whose name and contact information shall be set forth in such written notice and (y) following the occurrence of the “Second Priority Enforcement Date” (as defined in the First Lien/Second Lien Credit Agreement) and the delivery of written notice thereof by the “Designated Second Priority Representative” (as defined in the First Lien/Second Lien Intercreditor Agreement) to each Representative, the Designated Term Representative shall be the “Designated Second Priority Representative (as defined in the First Lien/Second Lien Intercreditor Agreement) whose name and contact information shall be sent forth in such written notice. Each Representative may conclusively rely upon any such written notice delivered to it.
Sample 1

Examples of Designated Term Representative in a sentence

  • Archdioceses of Milwaukee,303 Wis.2d 34, 734 N.W.2d 827 (Wis.2007) 3Myers v.

  • The execution and delivery of such instrument shall not require the consent of any other party hereunder, and will be acknowledged by the ABL Agent and the Designated Term Representative.

  • Notice of the exercise of such option shall be sent by the Designated Term Representative to ABL Agent within such ten (10) Business Day period and shall be irrevocable.

  • The Designated Term Representative is hereby authorized to make any such endorsements as agent for the ABL Agent or any such other ABL Secured Parties.

  • The Designated Term Representative also may seek, without objection from the ABL Secured Parties, adequate protection with respect to the Term Secured Parties’ rights in the ABL Priority Collateral in the form of reports, notices, inspection rights, and similar forms of adequate protection to the extent also granted to the ABL Secured Parties in connection with any use of ABL Priority Cash Collateral or ABL Priority DIP Financing.

  • The Designated Term Representative, on behalf of itself and the Term Secured Parties, agrees that no such Person shall provide to ARC or any other Grantor any Term Priority DIP Financing to the extent that the Term Administrative Agent or any Term Secured Party would, in connection with such financing, be granted a Lien on the ABL Priority Collateral senior to or pari passu with the Liens of ABL Agent securing the ABL Obligations.

  • Upon the Discharge of ABL Obligations, the ABL Agent shall deliver promptly to the Designated Term Representative any Collateral or Proceeds thereof held by it in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct, to be applied by the Designated Term Representative to the Term Obligations in such order as specified in the relevant Term Debt Documents.

  • In addition, many of CCOH’s key employees are at-will employees who are under no obligation to remain with us, and may decide to leave as a result of the uncertainty surrounding the business following the Separation or for a variety of personal or other reasons beyond our control.

  • ABL Agent, for itself and on behalf of ABL Secured Parties, shall not object to, oppose, support any objection, or take any other action to impede, the rights of any Term Secured Party or Designated Term Representative to make an election under Section 1111(b)(2) of the Bankruptcy Code (or similar Bankruptcy Law) with respect to the Term Priority Collateral.

  • The Designated Term Representative is hereby authorized to make any such endorsements as agent for ABL Agent or any such other ABL Secured Parties.


More Definitions of Designated Term Representative

Designated Term Representative has the meaning given to such term in the ABL Intercreditor Agreement.
Sample 1
Designated Term Representative means (a) the Term Collateral Agent, until the Discharge of Indenture Obligations and (b) thereafter, the Term Representative designated from time to time by the Majority Term Representatives, in a notice to the ABL Agent and the Issuer hereunder, as the “Designated Term Representative” for purposes hereof; provided however, that after the incurrence of any Additional Term Debt in the form of term loans in a principal amount in excess of the then outstanding principal amount of the Indenture Obligations, the Issuer may, by notice to the Term Collateral Agent, the ABL Agent and all other Representatives of the Additional Term Debt then outstanding, designate the Representative under such Additional Term Debt as the Designated Term Representative.
Sample 1

Related to Designated Term Representative

  • Designated Representative has the meaning set forth in Section 6(j)(v) of this Agreement.

  • Designated Representatives means the Subordination Agent Representatives, the Trustee Representatives and the Provider Representatives identified under Section 2.5.

  • Advisory representative means any Supervised Person, who in connection with his or her regular functions or duties, normally makes, participates in, or otherwise obtains current information regarding the Purchase or Sale of a Security by the Firm, or whose functions relate to the making of any recommendations with respect to such purchases or sales, and any natural Person in a Control relationship to the Firm who obtains information concerning recommendations made concerning a Purchase or Sale of a Security. This definition includes but is not limited to the following: partner, officer, Manager, investment person, Portfolio Manager and any other Supervised Person of the Firm designated as an “Advisory Representative” from time to time by the Review Officer.

  • Resident Representative means (if any) the individual (or, if permitted in accordance with the Companies Acts, the company) appointed to perform the duties of resident representative set out in the Companies Acts and includes any assistant or deputy Resident Representative appointed by the Board to perform any of the duties of the Resident Representative;

  • Qualified representative means a person who holds a position with a business organization, who is authorized to act on behalf of the business organization, and who is one of the following:

  • Sales Representative means a professional pharmaceutical sales -------------------- representative engaged or employed by either Party to conduct, among other sales responsibilities, Detailing and other promotional efforts with respect to the Collaboration Products and who has been trained by either Party in accordance with a training protocol to be agreed upon by the Parties.

  • Nominated Representative means, in respect of each party, the person whose details are set out in the Special Conditions (if any).

  • Principal’s Representative means the person nominated by the Principal or other person from time to time appointed in writing by the Principal to act as the Principal’s Representative for the purposes of the Contract.

  • Management Representative means an individual designated to hear grievances on behalf of the University.

  • Procurement Representative means the person authorized by ULA’s cognizant procurement organization to administer and/or execute this Contract.

  • Partnership Representative has the meaning set forth in Section 5.2(a).

  • Departmental Representative means the person designated in the Contract, or by written notice to the Contractor, to act as the Departmental Representative for the purposes of the Contract, and includes a person, designated and authorized in writing by the Departmental Representative to the Contractor;

  • Tax Representative has the meaning set forth in Section 11.4.

  • Bargaining representative means a labor organization recognized by an employer or certified by the commission as the sole and exclusive bargaining representative of certain employees of the employer.

  • Independent representative means a person who:

  • Employee Representative means any labor union, labor organization, works council, staff association, worker representative, trade union or any other employee representative body (whether elected or not).

  • Designated Senior Representative means (i) if at any time there is only one Senior Representative for a Senior Facility with respect to which the Discharge of Senior Obligations has not occurred, such Senior Representative and (ii) at any time when clause (i) does not apply, the Applicable Authorized Representative (as defined in the First Lien Intercreditor Agreement) at such time.

  • CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).