Examples of Second Lien Collateral Agent in a sentence
If the Trustee or the Second Lien Collateral Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee or the successor Second Lien Collateral Agent, as applicable.
The Trustee and the Second Lien Collateral Agent shall sign any amendment, supplement or waiver authorized pursuant to this Article 9 if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the Trustee and the Second Lien Collateral Agent, as applicable.
Each Holder, by accepting a Note, consents and agrees to the terms of the Security Documents (including the provisions providing for the possession, use, release and foreclosure of Collateral) and the Intercreditor Agreement as the same may be in effect or may be amended from time to time in accordance with their terms and this Indenture and the Intercreditor Agreement, and authorizes and directs the Second Lien Collateral Agent to enter into the Security Documents and the Intercreditor Agreement.
The Second Lien Collateral Agent agrees to act as such on the express conditions contained in this Section 12.08.
This Section 6.14 does not apply to a suit by the Trustee or the Second Lien Collateral Agent, a suit by a Holder pursuant to Section 6.07, or a suit by Holders of more than 10% in principal amount of the then-outstanding Notes.