Revolving Facility Collateral Agent definition
Examples of Revolving Facility Collateral Agent in a sentence
The First-Lien Revolving Facility Collateral Agent, the Trustee, the Notes Collateral Agent, each Other First-Priority Lien Obligations Collateral Agent and each Other First-Priority Lien Obligations Administrative Agent represents and warrants to the other parties hereto that it is authorized under the First-Lien Revolving Facility, the Indenture or the applicable Other First-Priority Lien Obligations Credit Documents, respectively, to enter into this Agreement.
The Revolving Facility Collateral Agent acknowledges with respect to the Revolving Facility Credit Agreement and the Revolving Facility Security Documents, and the Term Debt Collateral Agent acknowledge with respect to the Term Debt Documents and the Term Debt Security Documents, that the Revolving Facility Credit Agreement, the Term Debt Documents and each Term Debt Security Document will contain an appropriate legend substantially similar to the one set forth on Annex I.
If the Revolving Facility Collateral Agent conducts a public auction or private sale of the Revolving Facility First Lien Collateral at any of the real property included within the Term Debt First Lien Collateral, the Revolving Facility Collateral Agent shall provide the Term Debt Collateral Agent with reasonable notice and use reasonable efforts to hold such auction or sale in a manner which would not unduly disrupt the Term Debt Collateral Agent’s use of such real property.
Neither the Term Debt Collateral Agent nor the Revolving Facility Collateral Agent shall have any duties or obligations under or pursuant to this Agreement other than such duties as may be expressly set forth in this Agreement as duties on its part to be performed or observed.
In entering into this Agreement, or in taking (or forbearing from) any action under or pursuant to the Agreement, each of the Term Debt Collateral Agent and the Revolving Facility Collateral Agent shall have and be protected by all of the rights, immunities, indemnities and other protections granted to it under the Term Debt Documents and, in the case of the Term Debt Collateral Agent, the Term Debt Security Agreement.
Each of the Term Debt Collateral Agent and the Revolving Facility Collateral Agent represents and warrants to the other parties hereto that it is authorized under the applicable Term Debt Document and the Revolving Facility Credit Agreement, respectively, to enter into this Agreement.
Each Lender hereunder: (a) consents to the subordination of Liens provided for in the Intercreditor Agreement, (b) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreement and (c) authorizes and instructs the Revolving Facility Collateral Agent (as defined in the Intercreditor Agreement) to enter into the Intercreditor Agreement as Revolving Facility Collateral Agent and on behalf of such Lender.
As agreed to in writing among the Company, the Term Debt Collateral Agent and the Revolving Facility Collateral Agent from time to time, notices and other communications may also be delivered by e-mail to the e-mail address of a representative of the applicable person provided from time to time by such person.
As agreed to in writing among the Company, the First-Lien Revolving Facility Collateral Agent, the Trustee and each Other First-Priority Lien Obligations Administrative Agent from time to time, notices and other communications may also be delivered by e-mail to the e-mail address of a representative of the applicable Person provided from time to time by such Person.
To the extent that an insured loss covers or constitutes both Revolving Facility First Lien Collateral and Term Debt First Lien Collateral, then the Revolving Facility Collateral Agent and the Term Debt Collateral Agent will work jointly and in good faith to collect, adjust or settle (subject to the rights of the Grantors under the Revolving Facility Documents and the Term Debt Documents) under the relevant insurance policy.