Junior Lien Debt Representative definition

Junior Lien Debt Representative means, in the case of any Series of Junior Lien Debt, the duly authorized collateral agent, trustee, agent or representative of the holders of such Series of Junior Lien Debt who maintains the transfer register for such Series of Junior Lien Debt or is appointed as a representative for such Junior Lien Debt (for purposes related to the administration of the Security Documents) pursuant to the indenture, credit agreement or other agreement governing such Series of Junior Lien Debt, and who has executed the Second Lien Intercreditor Agreement or any joinder thereto, together with its successors and assigns in such capacity.

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Junior Lien Debt Representative means any duly authorized representative of any holders of Junior Lien Obligations, which representative is named as such in the Junior Lien Security Documents or any joinder thereto.

Junior Lien Debt Representative means, in the case of any Series of Junior Lien Debt, the trustee, agent or representative of the holders of such Series of Junior Lien Debt who maintains the transfer register for such Series of Junior Lien Debt or is appointed as a representative for such Junior Lien Debt (for purposes related to the administration of the Security Documents) pursuant to the indenture, credit agreement or other agreement governing such Series of Junior Lien Debt, and who has executed a Collateral Trust Joinder, together with its successors and assigns in such capacity.

Examples of Junior Lien Debt Representative in a sentence

Each Junior Lien Debt Representative, on behalf of itself and each other Junior Lien Secured Party represented by it, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by any First Lien Debt Representative or any other First Lien Secured Party.
No provision of this Agreement shall constitute or be deemed to constitute a waiver by any First Lien Debt Representative or any Junior Lien Debt Representative (on behalf of itself and each other Secured Party represented by it) of any right to seek damages from any Person in connection with any breach or alleged breach of this Agreement.
Promptly following the Discharge of Junior Lien Obligations with respect to one or more Series of Junior Lien Debt, each Junior Lien Debt Representative with respect to each applicable Series of Junior Lien Debt that is so discharged will provide written notice of such discharge to the Collateral Trustee and to each other Secured Debt Representative.
Until so delivered, such proceeds will be held by that Junior Lien Debt Representative or that ▇▇▇▇▇▇ ▇▇▇▇ Secured Party, as the case may be, for the benefit of the First Lien Secured Parties.
The Junior Lien Debt Representative of each Series of Junior Lien Debt will be required to deliver a Lien Sharing and Priority Confirmation to the Collateral Trustee and each Pari Passu Lien Debt Representative at the time of Incurrence of such Series of Junior Lien Debt as contemplated by clause (ii) of the definition thereof.
Promptly following the Discharge of Junior Lien Obligations with respect to one or more Series of Junior Lien Debt, each Junior Lien Debt Representative with respect to each applicable Series of Junior Lien Debt that is so discharged will provide written notice of such discharge to the Collateral Agent and to each other Secured Debt Representative.
Until so delivered, such proceeds will be held by that Junior Lien Debt Representative or that J▇▇▇▇▇ ▇▇▇▇ Secured Party, as the case may be, for the benefit of the First Lien Secured Parties.

More Definitions of Junior Lien Debt Representative

Junior Lien Debt Representative means (a) in the case of the Indenture, the Trustee and (b) in the case of any other Series of Junior Lien Debt, the trustee, agent or representative of the holders of such Series of J▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ who maintains the transfer register for such Series of Junior Lien Debt or is appointed as a representative for such Junior Lien Debt (for purposes related to the administration of the Security Documents) pursuant to the indenture, credit agreement or other agreement governing such Series of J▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ and who has executed a Collateral Trust J▇▇▇▇▇▇, together with its successors and assigns in such capacity.

Junior Lien Debt Representative means (a) in the case of the Indenture, the Notes Trustee and (b) in the case of any other Series of Junior Lien Debt, the trustee, agent or representative of the holders of such Series of ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ who maintains the transfer register for such Series of Junior Lien Debt or is appointed as a representative for such Junior Lien Debt (for purposes related to the administration of the Security Documents) pursuant to the indenture, credit agreement or other agreement governing such Series of ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ and who has executed an Intercreditor ▇▇▇▇▇▇▇, together with its successors and assigns in such capacity.