First Lien Agent definition

First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

First Lien Agent means the “Administrative Agent” under the First Lien Credit Agreement.

First Lien Agent means each of the Term Facility Administrative Agent, the Term Loan Collateral Agent, the Revolving Facility Administrative Agent and the Revolving Facility Collateral Agent, the Trustee and the Collateral Agent, and if any other First Priority Lien Obligations are outstanding, the Persons elected, designated or appointed as administrative agent, trustee or similar representative or as collateral agent by or on behalf of the holders of each series of such outstanding Obligations.

Examples of First Lien Agent in a sentence

• Each First Lien Agent may demand specific performance of this Agreement.

• If any Second Priority Agent or any Second Priority Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to any First Lien Agent in accordance with the terms of Section 4.2.

• Each Second Priority Agent, on behalf of itself and each applicable Second Priority Secured Party, acknowledges that it and the applicable Second Priority Secured Parties is not entitled to rely on any credit decision or other decisions made by any First Lien Agent or any Senior Lender in taking or not taking any action under the applicable Second Priority Document or this Agreement.

• In exercising rights and remedies with respect to the Senior Lender Collateral, each First Lien Agent and the Senior Lenders may enforce the provisions of the Senior Lender Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

• Each Second Priority Agent, on behalf of itself and each applicable Second Priority Secured Party, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by any First Lien Agent.

More Definitions of First Lien Agent

First Lien Agent means each of (a) the Credit Agreement Agent and (b) any Other First Priority Lien Obligations Agent.

First Lien Agent means Bank of America, in its capacity as administrative agent and collateral agent for the lenders under the First Lien Credit Agreement, together with any successor agent.

First Lien Agent means the Representative(s) of the holders of the First Priority Lien Obligations to the extent designated as such in an Intercreditor Agreement.

First Lien Agent means Xxxxx Fargo Bank, National Association, in its capacity as administrative agent under the Credit Agreement, and its permitted successors and assigns.

First Lien Agent means the Original First Lien Agent, together with its successors, assigns and transferees under any First Lien Credit Agreement.

First Lien Agent has the meaning set forth in the preamble to this Agreement.

First Lien Agent shall refer to any Person appointed by the holders of the First Lien Debt at such time as agent for themselves for purposes of, among other things, this Agreement.