Offshore Collateral Agent definition

Offshore Collateral Agent has the meaning set forth in the preamble hereof;

Offshore Collateral Agent means Citibank N.A.

Offshore Collateral Agent means The Bank of New York Mellon, in its capacity as Offshore Collateral Agent of the Finance Parties, and any successor thereto pursuant to Section 13.12.

Examples of Offshore Collateral Agent in a sentence

• Guarantor hereby irrevocably consents to such grant, transfer and assignment and, in the event of a Borrower Enforcement Action, to the exercise by the Offshore Collateral Agent (on behalf of the Senior Lenders) of its rights as a secured party in accordance with Section 3.02(a)(i) of the Master Security Agreement.

• In addition, any references herein to the “Offshore Collateral Agent” shall be deemed to be references to the Offshore Collateral Agent, in each case acting on behalf of, and for the benefit of, the Secured Parties, and upon the instructions of the Secured Parties in accordance with the Intercreditor and Security Sharing Agreement.

• Guarantor agrees that the Offshore Collateral Agent shall be given prompt written notice of any material breach, termination or claim of termination of this Guarantee.

• Guarantor acknowledges that the Offshore Collateral Agent has notice of and is relying on this Guarantee and, accordingly, that Guarantor's obligations hereunder are directly enforceable against it by the Offshore Collateral Agent, acting on behalf of the Senior Lenders pursuant to a Borrower Enforcement Direction, as third party beneficiary of and assignee under this Guarantee.

• This Agreement is in addition to and is and will not be in any way prejudiced by any collateral or other security now or in the future held by the Offshore Collateral Agent or the Secured Parties, nor is nor will any such collateral or other security held by the Offshore Collateral Agent or the Secured Parties or the liability of any Person for all or any part of the Guaranteed Obligations be in any manner prejudiced or affected by this Agreement.

More Definitions of Offshore Collateral Agent

Offshore Collateral Agent shall have the meaning assigned to such term in the preamble.

Offshore Collateral Agent has the meaning assigned thereto in clause (vii) of the introductory paragraph to this Common Agreement.

Offshore Collateral Agent or "Onshore Collateral Agent" shall mean such successor agent effective upon its appointment, and the rights, powers and duties of the former Offshore Collateral Agent or Onshore Collateral Agent, as applicable, shall be terminated, without any other or further act or deed on the part of such former Collateral Agent (except that the applicable Collateral Agent that is resigning or being removed shall deliver all Collateral then in its possession to the successor Offshore Collateral Agent or Onshore Collateral Agent, as applicable) or any of the other Secured Parties. After any Collateral Agent's resignation or removal hereunder as Offshore Collateral Agent or Onshore Collateral Agent, as applicable, the provisions of this Article VIII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Offshore Collateral Agent or Onshore Collateral Agent, as applicable.

Offshore Collateral Agent means The Bank of New York, acting as collateral agent under the Offshore Share Charge.

Offshore Collateral Agent means Citibank in its capacity as Offshore Collateral Agent under any of the Collateral Documents, or any successor Offshore Collateral Agent.

Offshore Collateral Agent has the meaning given in the preamble to this Agreement.

Offshore Collateral Agent the meaning given in the preamble of the MSA.