First Lien Trustee definition

First Lien Trustee means Wilmington Trust, National Association in its capacity as trustee under the First Lien Indenture, together with its successors and assigns in such capacity from time to time, whether under the Original First Lien Indenture or any subsequent First Lien Indenture, as well as any Person designated as the “Trustee” under any First Lien Indenture.
First Lien Trustee has the meaning set forth in the recitals.
First Lien Trustee means the party named as such in the First Lien Indenture until a successor replaces it and, thereafter, means the successor.

Examples of First Lien Trustee in a sentence

  • The first indication that the use of Rosetta Proceeds could be contested came in mid-July 2005 when Kelley Drye & Warren (“Kelley Drye”), a law firm representing First Lien Noteholders holding a majority of the First Lien Notes, contacted the First Lien Trustee requesting, among other things, that they be hired as counsel for the First Lien Trustee.

  • The Plan also must be clear that the Collateral Trust Agreement continues in force after the Effective Date for purposes of the inter- creditor action and for purposes of establishing the Claims and rights of the First Lien Trustee and Noteholders against EFIH, including any Breach Claim.

  • If the manner in which the SOFR® is calculated is changed, that change may result in a reduction of the amount of interest payable on the Instruments and the trading prices of the Instruments.

  • The First Lien Trustee premised its request for relief on a variety of grounds, including the core ground of breach of contract, and duplicative belts and suspenders arguments such as unjust enrichment of Calpine and wrongful conversion of assets belonging to the holders of the First Lien Notes.

  • Moreover, although I have found the First Lien Trustee had no standing to raise its affirmative requests for relief, any attempt by Calpineto try to diminish that entitlement will be met with little patience by me, given the obvious relationship between those requests and the issues that Calpine presented in its request for declaratory relief, and the reality that Calpine benefited by having the First Lien Trustee take the lead on issues of joint interest to the First and Second Lien Trustees.


More Definitions of First Lien Trustee

First Lien Trustee means Wilmington Trust, National Association, in its capacity as trustee for the First Lien Notes, together with its successors and assigns in such capacity.
First Lien Trustee means Wilmington Savings Fund Society, FSB, in its capacity as “First Lien Trustee” under this Indenture or any successor or assign thereto in such capacity.
First Lien Trustee means Computershare Trust Company of Canada in its capacities as trustee or collateral agent under the First Lien Notes Indenture
First Lien Trustee has the meaning assigned to such term in the Preamble above.
First Lien Trustee means Wilmington Trust, National Association, as trustee under the First Lien Indenture, until a successor trustee replaces it in accordance with the applicable provisions of the First Lien Indenture, after which time such term shall mean the successor trustee serving thereunder.
First Lien Trustee has the meaning assigned to that term in the recitals to this Agreement.
First Lien Trustee means U.S. Bank, National Association and any successor trustee under the First Lien Indenture.