Second Lien Collateral Trust Agreement definition

Second Lien Collateral Trust Agreement means the collateral trust agreement, dated as of the New Notes Issue Date (as amended, restated, supplemented or otherwise modified), among the Company, the Guarantors, the 2028 Private Exchange Notes Trustee and the Second Lien Collateral Trustee.

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Second Lien Collateral Trust Agreement means the Collateral Trust Agreement, dated as of January 28, 2025, among W&T, the other Grantors from time to time party thereto, Wilmington Trust, National Association, as trustee under the Second Lien Indenture, the Second Lien Collateral Trustee and the other Second Lien Representatives from time to time party thereto, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time, in accordance with each applicable Second Lien Document.

Second Lien Collateral Trust Agreement means the second lien collateral trust agreement dated as of December 23, 2002 among Parent, the Guarantor Subsidiaries and the Second Lien Collateral Trustee, in its capacity as collateral trustee for the Second Lien Obligations.

Examples of Second Lien Collateral Trust Agreement in a sentence

Each of the Priority Lien Agent, the Second Lien Collateral Trustee and the Third Lien Collateral Trustee represents and warrants to the other parties hereto that it is authorized under the Priority Credit Agreement, the Second Lien Collateral Trust Agreement and the Third Lien Collateral Trust Agreement, as the case may be, to enter into this Agreement.
In entering into this Agreement, or in taking (or forbearing from) any action under or pursuant to the Agreement, the Second Lien Collateral Trustee shall have and be protected by all of the rights, immunities, indemnities and other protections granted to it under the Second Lien Indenture and the other Second Lien Documents (including without limitation Article 5 and Section 7.8 of the Second Lien Collateral Trust Agreement).
By its acceptance of the Notes, each holder is deemed to authorize and direct the Priority Collateral Trustee to enter into and perform under the Second Lien Collateral Trust Agreement in the capacity as “Junior Lien Representative” thereunder.
The Second Lien Collateral Trustee is executing and delivering this Agreement solely in its capacity as such and pursuant to direction set forth in the Second Lien Collateral Trust Agreement; and in so doing, the Second Lien Collateral Trustee shall not be responsible for the terms or sufficiency of this Agreement for any purpose.
The Indenture, the Notes, the Note Guarantees, the Second Lien Collateral Trust Agreement, the other Security Documents, the First Lien/Second Lien Intercreditor Agreement and any other Approved Intercreditor Agreement may be amended or supplemented as provided in the Indenture, subject to the terms of the Second Lien Collateral Trust Agreement, the First Lien/Second Lien Intercreditor Agreement and any other Approved Intercreditor Agreement, as applicable.
In the event of any conflict between the terms of the Second Lien Collateral Trust Agreement, the First Lien/Second Lien Intercreditor Agreement or any such Approved Intercreditor Agreement and the terms of this Indenture or any Security Document, the terms of the Second Lien Collateral Trust Agreement, the First Lien/Second Lien Intercreditor Agreement and any such applicable Approved Intercreditor Agreement shall govern and control.
A resignation or removal of the Second Lien Collateral Trustee and appointment of a successor Second Lien Collateral Trustee shall become effective only in accordance with the Second Lien Collateral Trust Agreement.
Such Liens shall survive the satisfaction and discharge of this Indenture, the termination of the Second Lien Collateral Trust Agreement, any termination or rejection of this Indenture or the Second Lien Collateral Trust Agreement under any Bankruptcy Law and resignation or removal of the Trustee or the Second Lien Collateral Trustee.
In entering into this Agreement, or in taking (or forbearing from) any action under or pursuant to the Agreement, the Second Lien Collateral Trustee shall have and be protected by all of the rights, immunities, indemnities and other protections granted to it under the Term Loan Credit Agreement and the other Second Lien Documents (including without limitation Article 5 and Section 7.8 of the Second Lien Collateral Trust Agreement).
Upon the Discharge of the First Lien Obligations, any First Lien Claimholder Representative shall deliver to the Second Lien Collateral Trustee any proceeds of Common Collateral held by it in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct to be applied by the Second Lien Collateral Trustee to the Second Lien Obligations in such order as specified in the Second Lien Collateral Trust Agreement.

More Definitions of Second Lien Collateral Trust Agreement

Second Lien Collateral Trust Agreement means the collateral trust agreement, dated as of June 16, 2020, among the Parent, the Issuers, the other grantors from time to time party thereto, Wells Fargo Bank, National Association, as trustee for the Existing Second Lien Secured Notes, and the Second Lien Collateral Trustee, as amended, restated, supplemented or otherwise modified from time to time, including by joinders thereto.

Second Lien Collateral Trust Agreement means that certain Collateral Trust Agreement dated as of the date hereof, by and among the Second Lien Administrative Agent, the Second Lien Indenture Trustee, the Second Lien Collateral Trustee, additional pari passu lien representatives from time to time party thereto, the Company and the Guarantors from time to time party thereto, specifying the equal and ratable lien sharing and related matters as among the Second Lien Claimholders.

Second Lien Collateral Trust Agreement means the Amended and Restated Collateral Trust Agreement, dated as of August 1, 2017, by and among Vanguard Natural Resources, Inc. (f/k/a VNR Finance Corp.), the Grantors and Guarantors from time to time party thereto, Delaware Trust Company, as Trustee thereunder and as defined therein and Collateral Trustee thereunder and as defined therein from time to time party thereto, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time, in accordance with each applicable Second Lien Document.

Second Lien Collateral Trust Agreement means the Collateral Trust Agreement, dated as of May 1, 2015, among the Company, the Guarantors party thereto, the Second Lien Collateral Trustee and the Second Lien Representative, as the same may be amended, supplemented or otherwise modified from time to time.

Second Lien Collateral Trust Agreement means the Second Lien Collateral Trust Agreement dated as of the date hereof entered into among the Company, the Notes Guarantors and State Street Bank and Trust Company of California, N.A.