First Priority Collateral Trust Agreement definition

First Priority Collateral Trust Agreement means the First Priority Collateral Trust Agreement, dated as of the date hereof, among the Company and each First Priority Guarantor, the First Priority Collateral Trustee, and the First Priority Indenture Trustee, substantially in the form of Exhibit D hereto.
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First Priority Collateral Trust Agreement means the First Priority Collateral Trust Agreement as defined in the First Priority Indenture.
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First Priority Collateral Trust Agreement has the meaning specified in the Preliminary Statements to this Agreement.
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Examples of First Priority Collateral Trust Agreement in a sentence

  • The First Priority Indenture Trustee may deliver to the First Priority Holders copies of any notices, reports, opinions, certificates, or other documents delivered to the First Priority Indenture Trustee by the First Priority Collateral Trustee under the First Priority Collateral Trust Agreement.

  • The First Priority Collateral Trust Agreement shall govern the possession, use, release, and disposition of the First Priority Collateral in accordance with the terms and subject to the conditions thereof, provided that, to the extent applicable, the Company shall cause TIA Section 314(d) to be complied with relating to the release of any First Priority Collateral.

  • Notwithstanding anything to the contrary herein, so long as the First Priority Collateral Trust Agreement is in effect, the rights of the First Priority Holders and the First Priority Indenture Trustee hereunder and the procedures herein for the exercise of remedies with respect to the First Priority Collateral shall be subject to the provisions of the First Priority Collateral Trust Agreement.

  • The First Priority Collateral Trustee shall send to the Second Priority Collateral Trustee a copy of any Notice of Default (as defined in the First Priority Collateral Trust Agreement) delivered by the First Priority Collateral Trustee to the Company promptly following the delivery of such Notice of Default to the Company.

  • The party whose fees are in dispute may at any time submit such dispute for resolution to the Bankruptcy Court, provided that, in the case of the First Priority Trustee and Second Priority Trustees, the Bankruptcy Court review shall be limited to a determination under the reasonable standards in accordance with the First Priority Indenture and, the First Priority Collateral Trust Agreement, Second Priority Indenture and the Second Priority IndentureCollateral Trust Agreement.

  • The First Priority Note Claims are hereby Allowed in the principal amount of $238,236,500 plus any interest (at the applicable non-default rate of 12% per annum), and reasonable fees or expenses accruing before and after the Petition Date and due and payable under the First Priority Indenture and the First Priority Collateral Trust Agreement, including, without limitation, all fees and expenses incurred by Counsel to the Ad Hoc Committee of First Priority Noteholders before and after the Petition Date.

  • The arts in renaissance period grown to large extend based on the criteria to capture the nature, realism and the emergence of the photographic devices, the extent to capture the images has been increased by leaps and bounds.

  • Certain capitalized terms used herein not otherwise defined in this Agreement are used in this Agreement as defined in the Credit Agreement or the First Priority Collateral Trust Agreement (as defined herein).

  • First Priority Collateral Trustee” means HSBC Bank USA,National Association, or any successor in such capacity, in its capacity as trustee under the First Priority Collateral Trust Agreement.

  • First Priority Note Claim” means any Claim or First PriorityObligation (as defined in the First Priority Indenture or the First Priority Collateral Trust Agreement) arising under or in connection with the First Priority Indenture or the First Priority Collateral Trust Agreement.


More Definitions of First Priority Collateral Trust Agreement

First Priority Collateral Trust Agreement means the First Priority Collateral Trust Agreement, to be dated on or before the Effective Date, among the Debtor or the Reorganized Debtor, as applicable, each of the guarantors party thereto, the collateral trustee and the indenture trustee parties thereto, in substantially the form set forth in the Plan Supplement.
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First Priority Collateral Trust Agreement means the Collateral Trust and Intercreditor Agreement dated as of April 1, 2003 by the Shared Grantors to the First Priority Collateral Trustees, as amended, amended and restated, supplemented, replaced or otherwise modified from time to time.
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First Priority Collateral Trust Agreement means that certain First Priority Collateral Trust Agreement, dated as of the date hereof, by and among the First Priority Collateral Trustee, the Mortgagor, the First Priority Indenture Trustee under the Indenture, and the First Priority Guarantors identified therein.
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First Priority Collateral Trust Agreement means that certain
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Related to First Priority Collateral Trust Agreement

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Second Priority Collateral Documents means the Initial Second Priority Collateral Documents and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any Grantor for purposes of providing collateral security for any Second Priority Debt Obligation.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • First Priority Lien means any Lien created by the First Priority Security Documents.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Equal Priority Intercreditor Agreement means the Equal Priority Intercreditor Agreement substantially in the form of Exhibit G-1 among (x) the Collateral Agent and (y) one or more representatives of the holders of one or more classes of Permitted Additional Debt and/or Permitted Equal Priority Refinancing Debt, with any immaterial changes and material changes thereto in light of the prevailing market conditions, which material changes shall be posted to the Lenders not less than five Business Days before execution thereof and, if the Required Lenders shall not have objected to such changes within five Business Days after posting, then the Required Lenders shall be deemed to have agreed that the Administrative Agent’s and/or Collateral Agent’s entry into such intercreditor agreement (with such changes) is reasonable and to have consented to such intercreditor agreement (with such changes) and to the Administrative Agent’s and/or Collateral Agent’s execution thereof.

  • Trust Collateral Agent means such successor Person.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • First Priority Liens means all Liens that secure the First Priority Lien Obligations.

  • First Lien/First Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuer and its Restricted Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuer or any of its Restricted Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services in each case owing to a Person that is a holder of Indebtedness described in clause (i) or Obligations described in clause (ii) or an Affiliate or Representative of such holder at the time of entry into such Hedging Obligations;

  • ABL Collateral Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • ABL Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent for the ABL Facility Secured Parties, together with its successors and permitted assigns under the ABL Facility Agreement and the ABL Facility Collateral Documents.