Parity Lien Collateral Agent definition

Parity Lien Collateral Agent has the meaning set forth in the recitals.

Parity Lien Collateral Agent means (i) in the case of any Initial Parity Lien Obligations or the Initial Parity Lien Claimholders, the Initial Parity Lien Collateral Agent and (ii) in the case of any Additional Parity Lien Obligations and the Additional Parity Lien Claimholders in respect thereof, the Person serving as collateral agent (or the equivalent) for such Additional Parity Lien Obligations and that is named as the Parity Lien Collateral Agent in respect of such Additional Parity Lien Obligations in the applicable Joinder Agreement (each, in the case of this clause (ii) together with its successors and assigns in such capacity, an “Additional Parity Lien Collateral Agent”).

Parity Lien Collateral Agent means any collateral agent under Parity Lien Documents, and any successor thereto.

Examples of Parity Lien Collateral Agent in a sentence

• The Parity Lien Collateral Agent, for itself and on behalf of the Trustee, any other agent, trustee or representative for Parity Lien Debt and the Noteholders, agrees that the Senior Lenders and the First-Lien Agent shall not have by reason of the Parity Lien Collateral Documents or this Agreement or any other document, a fiduciary relationship in respect of the Trustee, any other agent, trustee or representative of Parity Lien Debt, the Parity Lien Collateral Agent or any Noteholder.

• For purposes of the provisions hereof requiring the Company to designate Indebtedness for the purposes of the term “First-Lien Indebtedness,” any such designation shall be sufficient if the relevant designation is set forth in writing, signed on behalf of the Company by an officer thereof and delivered to the Trustee, the Parity Lien Collateral Agent and the First-Lien Agent.

• All notices to the Noteholders and the Senior Lenders permitted or required under this Agreement may be sent to the Parity Lien Collateral Agent and the First-Lien Agent, respectively.

• Notwithstanding anything to the contrary in this Agreement, the Parity Lien Collateral Agent, the Trustee, any other agent, trustee or representative for Parity Lien Debt and the Noteholders may exercise rights and remedies as unsecured creditors against the Company any Subsidiary that has guaranteed the Parity Lien Claims in accordance with the terms of the Parity Lien Documents and applicable law.

• The Company shall provide prompt written notice to the Parity Lien Collateral Agent of any Discharge of the Senior Lender Claims.

More Definitions of Parity Lien Collateral Agent

Parity Lien Collateral Agent means the collateral agent under the Third Lien Exchangeable Notes and the Third Lien Notes.

Parity Lien Collateral Agent means, each of (i) the Senior Tranche Administrative Agent (or other Person designated by the Senior Tranche Administrative Agent or other successor thereto in such capacity in accordance with the Letter of Credit Facility) or the Junior Tranche Administrative Agent (to the extent the Junior Tranche Administrative Agent is the controlling agent under the Letter of Credit Facility), (ii) the Collateral Agent and (iii) each collateral agent or other representative of lenders or holders of Parity Lien Obligations designated pursuant to the terms of the Parity Lien Documents and the Pari Passu Intercreditor Agreement from time to time.

Parity Lien Collateral Agent means the 10.875% Parity Lien Collateral Agent and any successor or assign in such capacity.

Parity Lien Collateral Agent means the collateral agent under the Third Lien Notes and the Third Lien Exchangeable Notes.

Parity Lien Collateral Agent means the collateral agent under the Second Lien Notes and the Second Lien Exchangeable Notes.

Parity Lien Collateral Agent means the Trustee, in its capacity as collateral agent under certain of the Parity Lien Security Documents, for the benefit of the Trustee and the holders of notes or other Parity Lien Obligations, together with its successors in such capacity.

Parity Lien Collateral Agent means Wilmington Trust Company, not in its individual capacity but solely in its capacity as collateral agent under the Parity Lien Security Documents, together with its successors in such capacity.