Second Lien Debt Representative definition

Second Lien Debt Representative means (i) in the case of any Series of Second Lien Debt under a Commodity Hedging Agreement constituting Second Lien Obligations, the counterparty to such Commodity Hedging Agreement and (ii) in the case of any other Series of Second Lien Debt, the trustee, agent or representative of the holders of such Series of Second Lien Debt who maintains the transfer register for such Series of Second Lien Debt or the counterparty, in each case, who is appointed as a Second Lien Debt Representative (for purposes related to the administration of the applicable security documents) pursuant to this Indenture, credit agreement or other agreement governing such Series of Second Lien Debt, and who has executed a collateral trust joinder.
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Second Lien Debt Representative means, (1) in the case of this Indenture, the Trustee and (2) in the case of any other Series of Second Lien Debt, the Trustee, agent or representative of the holders of such Series of Second Lien Debt who maintains the transfer register for such Series of Second Lien Debt or is appointed as a representative for such Second Lien Debt (for purposes related to the administration of the Security Documents) pursuant to this Indenture, credit agreement or other agreement governing such Series of Second Lxxx Xxxx, and who has executed a Collateral Trust Joinder, together with its successors and assigns in such capacity.
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Second Lien Debt Representative means, in relation to any Second Lien Debt, any agent or trustee for the relevant Second Lien Debt Creditors of that Second Lien Debt which has acceded to this Agreement pursuant to Clause 18.13 (Creditor/Agent Accession Undertaking).
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Examples of Second Lien Debt Representative in a sentence

  • The consent shall be binding on the successors and assigns of the Trustee and each Second Lien Debt Representative, including a purchaser of any or all of the Note First Lien Collateral subject to such license at a foreclosure sale conducted in foreclosure of any Lien thereon securing Second Lien Obligations.

  • The holders of Second Lien Obligations, the Trustee and any Second Lien Debt Representative will not, at any time prior to the Discharge of Credit Agreement Indebtedness or release, in whole, of all Liens securing Additional First Lien Obligations, file or prosecute in any Insolvency or Liquidation Proceeding any motion for adequate protection (or any comparable request for relief) based upon their Collective Second Liens in the Credit Agreement First Lien Collateral.

  • In the event of any covered loss, theft or destruction or condemnation of both Note First Lien Collateral and Credit Agreement First Lien Collateral for which an insurer of the Company or any Obligor will only settle one claim or award, the Trustee, the Credit Agreement Agent, any Second Lien Debt Representative and any First Lien Debt Representative will co-operate to adjust settlement of the insurance claims in respect of the Note First Lien Collateral and Credit Agreement First Lien Collateral.

  • The provisions described in this Article 10 set forth certain relative rights, as lienholders, of the Trustee and any Second Lien Debt Representative and the Credit Agreement Agent and any First Lien Debt Representative.


More Definitions of Second Lien Debt Representative

Second Lien Debt Representative has the meaning assigned to that term in the Intercreditor Agreement.
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Second Lien Debt Representative means (i) in the case of any Series of Second Lien Debt under a Second Lien Commodity Hedging Agreement, the counterparty to such Second Lien Commodity Hedging Agreement (who shall have executed a Collateral Trust Joinder) and (ii) in the case of any other Series of Second Lien Debt, the trustee, agent or representative of the holders of such Series of Second Lien Debt who maintains the transfer register for such Series of Second Lien Debt or the counterparty, in each case, who is appointed as a Second Lien Debt Representative (for purposes related to the administration of the applicable security documents) pursuant to the indenture, credit agreement or other agreement governing such Series of Second Lien Debt, and who has executed a Collateral Trust Joinder.
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Second Lien Debt Representative means in the case of any other Series of Additional Second Lien Debt, the trustee, agent or representative of the holders of such Series of Additional Second Lien Debt who maintains the transfer register for such Series of Additional Second Lien Debt and is appointed as a Second Lien Debt Representative (for purposes related to the administration of the security documents) pursuant to any indenture, credit agreement or other agreement governing such Series of Additional Second Lien Debt.
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Second Lien Debt Representative means (i) in the case of any Series of Second Lien Debt under a commodity hedging agreement constituting
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Related to Second Lien Debt Representative

  • Second Lien Debt means the Indebtedness and guarantees thereof now or hereafter incurred pursuant to the Second Lien Loan Documents.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • ABL Agent means Bank of America, N.A., in its capacity as administrative agent and collateral agent under the ABL Facility Documentation, or any successor agent or under the ABL Facility Documentation.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.