New Senior Agent definition

New Senior Agent has the meaning set forth in Section 5.6.
Sample 1Sample 2Sample 3
New Senior Agent is defined in Section 34.
Sample 1
New Senior Agent shall have the meaning assigned to such term in Section 6.02.
Sample 1

Examples of New Senior Agent in a sentence

  • The New Senior Agent shall agree in a writing addressed to the other Collateral Agents and the other Claimholder to be bound by the terms of this Agreement, for itself and on behalf of its Related Claimholders.

  • The New Senior Agent shall agree in a writing addressed to the Subordinated Administrative Agent to be bound by the terms of this Agreement.

  • Upon receipt of a notice (the “Notice of New Senior Obligations”) stating that Symmetry or any Grantor has Refinanced any Senior Obligations as provided above (which notice shall include the identity of the new Senior Agent), the original Senior Agent and the Junior Agent shall promptly enter into such documents and agreements (including Amendments to this Agreement) as Symmetry or such New Senior Agent shall reasonably request in order to provide to the New Senior Agent the rights contemplated hereby.

  • The Co-Borrowers shall cause the agreement, document or instrument pursuant to which the New Senior Agent is appointed to provide that the New Senior Agent agrees to be bound by the terms of this Agreement.

  • Upon receipt of a Refinancing Notice, which notice shall include the identity of the New Senior Agent, the Junior Creditor shall promptly enter into such documents and agreements (including amendments or supplements to this Agreement) as the Co-Borrowers or such New Senior Agent may reasonably request in order to provide to the New Senior Agent the rights and powers contemplated hereby, in each case consistent in all material respects with the terms of this Agreement.

  • As a condition to its ability to enforce this Agreement, the New Senior Agent shall agree in a writing addressed to the Junior Agent, for the benefit of the Junior Secured Parties, and, if any portion of the original Senior Obligations shall remain outstanding, to the original Senior Agent, for the benefit of the original Senior Secured Parties, to be bound by the terms of this Agreement.

Related to New Senior Agent

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Second Lien Agent means the administrative agent and collateral agent under the Second Lien Term Loan Agreement, its successors, assigns, or any replacement agent appointed pursuant to the terms of the Second Lien Term Loan Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • DIP Lender means a lender under the DIP Facility.

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

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Second Lien Bank Loan means a Bank Loan that is entitled to the benefit of a second lien and second priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Designated Senior Representative means (i) if at any time there is only one Senior Representative for a Senior Facility with respect to which the Discharge of Senior Obligations has not occurred, such Senior Representative and (ii) at any time when clause (i) does not apply, the Applicable Authorized Representative (as defined in the First Lien Intercreditor Agreement) at such time.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Senior Lender means each holder of a Senior Note.

  • Second Lien Noteholders means the holders of the Second Lien Notes.

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

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Additional Senior Debt Facility means each indenture or other governing agreement with respect to any Additional Senior Debt.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • Senior Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Secured Debt Representative means each Parity Lien Representative and each Priority Lien Representative.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.