Junior Lien Collateral Agent definition

Junior Lien Collateral Agent means the Junior Lien Representative for the holders of any initial Junior Lien Obligations.

Junior Lien Collateral Agent means (i) in the case of the Initial Junior-Lien Obligations, the Initial Junior-Lien Collateral Agent and (ii) in the case of Additional Junior-Lien Debt, the Additional Junior-Lien Collateral Agent for such class or series. If at any time, the Authorized Representative for a given class or series of Junior-Lien Debt is also acting as the Collateral Agent for such class or series, then any reference to a Collateral Agent contained herein will be deemed to include such Authorized Representative acting as such.

Junior Lien Collateral Agent means the collateral trustee or other representative of lenders or holders of Junior Lien Obligations designated pursuant to the terms of the Junior Lien Documents and the Intercreditor Agreement, in each case, together with its successors and assigns.

Examples of Junior Lien Collateral Agent in a sentence

• The First Priority Collateral Agents acting pursuant to this Section 3.4(f) shall not have by reason of the First Priority Secu- rity Documents, the Junior Lien Security Documents, this Agreement or any other document a fiduciary relationship in respect of any First Priority Secured Party, the Junior Lien Collateral Agent or any Notes Secured Party.

• Except as otherwise set forth in this Agreement, the First Priority Collateral Agents, the First Priority Secured Parties, the Junior Lien Collateral Agent and the Junior Lien Secured Parties may exercise rights and remedies as unse- cured creditors against the Company or any other Grantor that has guaranteed the First Priority Lien Obligations or the Junior Lien Obligations in accordance with the terms of the First Priority Documents, the Notes Documents and applicable law.

• The First Priority Collateral Agent is hereby authorized to make any such endorsements as agent for the Junior Lien Collateral Agent or any such Junior Lien Secured Parties.

• The rights of the First Priority Collateral Agents and the Junior Lien Collateral Agent shall at all times be subject to the terms of this Agreement.

• The Junior Lien Collateral Agent, on behalf of itself and the Junior Lien Secured Parties, agrees that the ABL Secured Parties and the ABL Facility Agent have no duty to the Junior Xxxx Xxxxxx- eral Agent or the Junior Lien Secured Parties in respect of the maintenance or preservation of the Notes Collateral, the ABL Obligations or otherwise.

More Definitions of Junior Lien Collateral Agent

Junior Lien Collateral Agent means (i) in the case of any Initial Junior Lien Obligations or the Initial Junior Lien Claimholders, the Initial Junior Lien Collateral Agent and (ii) in the case of any Additional Junior Lien Obligations and the Additional Junior Lien Claimholders in respect thereof, the Person serving as collateral agent (or the equivalent) for such Additional Junior Lien Obligations and that is named as the Junior Lien Collateral Agent in respect of such Additional Junior Lien Obligations in the applicable Joinder Agreement (each, in the case of this clause (ii), together with its successors and assigns in such capacity, an “Additional Junior Lien Collateral Agent”).

Junior Lien Collateral Agent means the Initial Junior Lien Trustee (or such Person designated by the Initial Junior Lien Trustee), or if the Initial Junior Lien Indebtedness ceases to exist, the collateral trustee or other representative of lenders or holders of Junior Lien Obligations designated pursuant to the terms of the Junior Lien Documents and the Intercreditor Agreement.

Junior Lien Collateral Agent means the agent, collateral trustee or other representative of lenders or holders of Junior Lien Obligations designated pursuant to the terms of the Junior Lien Documents and the Intercreditor Agreement.

Junior Lien Collateral Agent means (i) so long as the 2006 Second Priority Notes are outstanding, the trustee under the 2006 Second Priority Notes Indenture, in its capacity as trustee and collateral agent for the holders of 2006 Second Priority Notes and other secured parties under the 2006 Second Priority Notes Indenture and the related security documents (including the holders of the 2009 Second Priority Notes), and (ii) at any time thereafter, such agent or trustee as is designated “Junior Lien Collateral Agent” by Junior Lien Secured Parties holding a majority in principal amount of the Junior Lien Obligations then outstanding or pursuant to such other arrangements as agreed to among the holders of the Junior Lien Obligations, it being understood that as of the Issue Date, the trustee under the 2006 Second Priority Notes Indenture shall be the Junior Lien Collateral Agent.

Junior Lien Collateral Agent means, in the case of any series of Xxxxxx Xxxx Xxxx, the trustee, Collateral Agent or representative of the holders of such series of Junior Lien Debt who is appointed (for purposes related to the administration of security interests) pursuant to the applicable Junior Lien Document governing such series of Junior Lien Debt, together with its successors and assigns in such capacity.

Junior Lien Collateral Agent means any collateral agent under Junior Lien Documents, and any successor thereto.

Junior Lien Collateral Agent means such Person nominated by the holders of the Junior Lien Obligations, in its capacity as collateral agent for the Junior Lien Secured Parties under the Collateral Agency Agreement, together with its successors in such capacity.