New Collateral Agent definition

New Collateral Agent as defined in Section 5.3.

New Collateral Agent has the meaning specified in Section 2.06(a).

New Collateral Agent has the meaning assigned to that term in Section 5.7.

Examples of New Collateral Agent in a sentence

• This Agreement is supplemental to that certain Junior Lien Intercreditor Agreement, dated as of [●], 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Junior Lien Intercreditor Agreement”), by and among the parties (other than the New Representative and the New Collateral Agent) referred to above.

• This Agreement is supplemental to that certain First Lien/Second Lien Intercreditor Agreement, dated as of [__], 20[__] (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “First Lien/Second Lien Intercreditor Agreement”), by and among the parties (other than the New Representative and the New Collateral Agent) referred to above.

• Each reference to a “Representative” or “Second Lien Representative” in the Third Lien Intercreditor Agreement shall be deemed to include the New Representative, each reference to a “Collateral Agent” or “Second Lien Collateral Agent” in the Third Lien Intercreditor Agreement shall be deemed to include the New Collateral Agent and each reference to “Second Lien Claimholders” shall include the Additional Second Lien Claimholders represented by such New Representative and New Collateral Agent.

• This Agreement has been entered into to record the accession of the New Representative[s] as Other Second-Priority Representative[s] under the Junior Lien Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other Second-Priority Collateral Agent under the Junior Lien Intercreditor Agreement].

• This Agreement has been entered into to record the accession of the New Representative[s] as Other Second-Priority Representative[s] under the First Lien/Second Lien Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other Second-Priority Collateral Agent under the First Lien/Second Lien Intercreditor Agreement].

More Definitions of New Collateral Agent

New Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent under the Collateral Agency Agreement or such other Person then serving as collateral agent under the Collateral Agency Agreement.

New Collateral Agent means the collateral agent or other similar representative for any New Pari Passu Indebtedness.

New Collateral Agent means the Initial Collateral Agent or such other collateral agent that is reasonably acceptable to the Agent and the Required Lenders that serves as collateral agent under the New Collateral Agency Agreement.

New Collateral Agent means Trexs Investments, LLC , in its capacity as collateral agent for itself and the other New CVR Holders, pursuant to the Security Sharing Agreement dated on or about the date hereof between the Company, the New Collateral Agent and the New CVR Holders.

New Collateral Agent means State Street Bank And Trust Company in its capacity as collateral agent under the New Indenture.

New Collateral Agent has the meaning specified in Section 2.06(a). “New Facility Agent” has the meaning specified in Section 2.06(a). “Non-Voting Lender” has the meaning specified in Section 3.03(c).

New Collateral Agent and shall contain a representation from an authorized officer of Holdings that Holdings is permitted under the Indenture and each Additional Pari Passu Agreement to enter into the new Revolving Facility Documents and grant the Liens contemplated thereby), the Notes Collateral Agent and Security Trustee shall promptly (i) enter into such documents and agreements (including amendments or supplements to this Agreement) as ACL or such New Collateral Agent shall reasonably request in order to provide to the New Collateral Agent the rights contemplated hereby, in each case consistent in all material respects with the terms of this Agreement and (ii) deliver to the New Collateral Agent any Collateral of the type described in Section 5.01 hereof held by it together with any necessary endorsements (or otherwise allow the New Collateral Agent to obtain control of such Collateral). The New Collateral Agent shall agree in a writing addressed to the Notes Collateral Agent and Security Trustee to be bound by the terms of this Agreement. If the new Revolving Credit Obligations under the new Revolving Facility Documents are secured by assets of the Grantors constituting Collateral that do not also secure the Noteholder Obligations, then the Noteholder Obligations shall be secured at such time by a second priority Lien on such assets to the same extent provided in the Noteholder Documents and this Agreement.