Examples of Other First Lien Secured Parties in a sentence
The Real Property Collateral Agent accepts such appointment and agrees to hold the Lien on the Mortgaged Property granted to it pursuant to the Mortgages as collateral agent for the benefit of the Credit Agreement Secured Parties and the Initial Other First Lien Secured Parties until the Discharge of Credit Agreement Obligations and the Discharge of Initial Other First Lien Obligations, subject to the terms and conditions of this Agreement.
Except as expressly provided herein, the Initial Other Authorized Representative and the Initial Other Collateral Agent are each acting, respectively, in the capacity of the authorized representative and the collateral agent solely for the Initial Other First Lien Secured Parties.
The Lenders hereby agree that Truist Bank (and any successor Collateral Agent under the Security Documents) shall be permitted to serve as Collateral Agent for both the Secured Parties and the Other First Lien Secured Parties under the Security Documents, the First Lien Intercreditor Agreement and any Junior Lien Intercreditor Agreement.
The Credit Agreement Collateral Agent and the Initial Other Collateral Agent hereby acknowledge that the Real Property Collateral Agent will obtain a Lien on and security interest in the Mortgaged Property pursuant to the Mortgages for the benefit of both the Credit Agreement Secured Parties and the Initial Other First Lien Secured Parties.
The Lenders hereby agree that Bank of America (and any successor Collateral Agent under the Security Documents) shall be permitted to serve as Collateral Agent for both the Secured Parties and the Other First Lien Secured Parties under the Security Documents and the First Lien Intercreditor Agreement.
The Lenders hereby agree that JPMorgan (and any successor Collateral Agent under the Security Documents) shall be permitted to serve as Collateral Agent for both the Secured Parties and the Other First Lien Secured Parties under the Security Documents and the First Lien Intercreditor Agreement.
Non-Reliance on Applicable Authorized Representative and Other First Lien Secured Parties 21 SECTION 4.07.
The Lenders hereby agree that Bank of America, N.A. (and any successor Collateral Agent under the Security Documents) shall be permitted to serve as Collateral Agent for both the Secured Parties and the Other First Lien Secured Parties under the Security Documents and any intercreditor agreement contemplated herein.
In acting on behalf of the Initial Other Collateral Agent and the Initial Other First Lien Secured Parties, the duties or responsibilities of the Real Property Collateral Agent under this Section 2.10 shall be limited solely to those duties and obligations applicable to it under this Agreement and the Mortgages.
Subject to any Intercreditor Agreement, the Collateral Agent may (and shall, at the direction of the Required Holders and/or such proportion of the Other First Lien Secured Parties as may be required under any applicable Other First Lien Agreements), from time to time, apply the collected balances in said cash collateral account to the payment of the Secured Obligations then due.