We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Initial Collateral Agent definition

Initial Collateral Agent has the meaning assigned to such term in the introductory paragraph to this Agreement.
Initial Collateral Agent means USB, in its capacity as collateral agent under the Initial Collateral Agency Agreement. “Initial Lease Administration Agreement” means the Amended and Restated Lease Administration Agreement, dated as of October 2, 2006, among ARL, the Initial Lease Administrator, USB, and the other parties set forth therein. “Initial Lease Administrator” means ARL Lease Administrators LLC, a limited liability company organized under the laws of the State of Delaware. “Initial Management Agreement” means that certain railcar management agreement, dated as of January 29, 2015, between the Issuer and ARL. “New Collateral Agency Agreement” means any collateral agency agreement among the New Collateral Agent, ARI, as manager, and each manager and each pledgor that becomes party thereto from time to time, on substantially the same terms as the Initial Collateral Agency Agreement or with such changes requested by the New Collateral Agent that in the determination of the Issuer are reasonable and consistent with current market practices at the time the new or additional collateral agency agreement becomes effective. “New Collateral Agent” means the collateral agent under the New Collateral Agency Agreement. “New Lease Administration Agreement” means any lease administration agreement among ARI, the New Lease Administrator, and the other parties set forth therein that become parties thereto from time to time, on substantially the same terms as the Initial Lease Administration Agreement or with such changes requested by the bank that in the determination of the Issuer are reasonable and consistent with current market practices at the time the new or additional lease administration agreement becomes effective. “New Lease Administrator” means ARI or a Subsidiary of ARI. 4 “Replacement Management Agreement” means a replacement railcar management agreement by and between the Issuer and ARI, on substantially the same terms as the Initial Management Agreement, after taking into account certain changes to reflect the appointment of ARI as Manager.
Initial Collateral Agent means the Purchaser identified on Schedule 4.20(a) hereto.

Examples of Initial Collateral Agent in a sentence

  • Bank may rely on any Instruction that was actually transmitted, or that Bank reasonably believes was transmitted, by or on behalf of Client.

  • In entering into this Agreement, or in taking (or forbearing from) any action under or pursuant to this Agreement, each of the Initial Collateral Agent and the Initial Other Collateral Agent shall have and be protected by all of the rights, immunities, indemnities, privileges and other protections granted to it under the Initial Indenture or the Initial Other Indenture, as applicable.

  • The Initial Authorized Representative, Initial Collateral Agent, the Initial Other Authorized Representative and the Initial Other Collateral Agent shall not at any time be deemed or imputed to have any knowledge of or receipt of any notices, information, correspondence or materials in the possession of or given to any other Authorized Representative or Collateral Agent acting under any other Series of Pari Passu Obligations.

  • Each of the Initial Collateral Agent and the Initial Other Collateral Agent shall not have duties or obligations under or pursuant to this Agreement other than such duties expressly set forth in this Agreement as duties on its part to be performed or observed.

  • For purposes of clarity, this provision (i) shall only apply as long as there has been no Equity Conditions failure that is continuing and (ii) shall not apply to the sale of the Underlying Shares with respect to any Prepaid-Tranche by the Initial Collateral Agent.

  • Unfortunately, with tropone or allylic acetate this alkyl-transferring reagent is not sufficiently reactive compared to the Grignard reagents, resulting in unwanted products or no addition reaction, respectively.

  • The Company shall honor exercises of the Warrants and conversions of the Closing Advance Notes or, solely as to the Initial Collateral Agent, the Prepaid-Tranches and shall deliver Underlying Shares, in each case in accordance with the terms and conditions set forth in the Transaction Documents.

  • Cost: The assessment rate (cost to the parcel owner) is based on parcel type and square footage.

  • All references in the Agreement to the "Collateral Agent" shall be deemed to refer to (i) prior to the Servicing Transfer, the Initial Collateral Agent and (ii) on and after the date of the Servicing Transfer, to the Successor Collateral Agent, in its capacity as Collateral Agent, Back-up Servicer and Custodian.

  • In addition to the Company exercising its discretion to request any Prepaid-Tranche, subject to the satisfaction of the Equity Conditions at such time, the Initial Collateral Agent shall have the option (a “Purchaser Advance Note Option”) to require the Company to accept a monthly Prepaid-Tranche in an amount limited to $1,000,000.


More Definitions of Initial Collateral Agent

Initial Collateral Agent means U.S. Bank National Association and any successor collateral agent in its capacity as such under the Pledge Agreement.
Initial Collateral Agent means U.S. Bank National Association, in its capacity as collateral agent under the Initial Collateral Agency Agreement.
Initial Collateral Agent has the meaning assigned to such term in the preamble hereto.
Initial Collateral Agent shall have the meaning set forth in the recitals hereto.
Initial Collateral Agent means USB, in its capacity as collateral agent under the Initial Collateral Agency Agreement.

Related to Initial Collateral Agent

  • Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.

  • ABL Collateral Agent means the “Collateral Agent” as defined in the ABL Credit Agreement.

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

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Notes Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

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

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Trust Collateral Agent means such successor Person.

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • Notes Collateral Agent means such successor collateral agent, and the retiring Notes Collateral Agent’s appointment, powers and duties as the Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 shall continue to inure to its benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was the Notes Collateral Agent under this Indenture.

  • Collateral Agent as defined in the preamble hereto.

  • 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.

  • Collateral Agent Expenses means all accrued and unpaid expenses (including reasonable attorneys’ fees, costs and expenses) and indemnity amounts payable by the Borrower to the Collateral Agent under the Transaction Documents.

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

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

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • 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.

  • U.S. Collateral Agreement means the U.S. Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, Intermediate Holdings, the U.S. Borrower, each Domestic Subsidiary Loan Party and the Collateral Agent.

  • 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.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

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

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.