Second Lien Term Loan Collateral Agent definition

Second Lien Term Loan Collateral Agent has the meaning assigned to such term in the Preamble to this Agreement.
Second Lien Term Loan Collateral Agent means Xxxxxx Xxxxxxx Senior Funding, Inc., as collateral agent under the Second Lien Term Loan Credit Agreement, and any successor thereto.
Second Lien Term Loan Collateral Agent shall have the meaning set forth in the Intercreditor Agreement.

Examples of Second Lien Term Loan Collateral Agent in a sentence

  • The provisions of this Agreement are and are intended for the purpose of defining the relative rights of the Revolving Collateral Agent and the Revolving Credit Claimholders on the one hand and the Second Lien Term Loan Collateral Agent and the Second Lien Term Loan Claimholders on the other hand.

  • Neither the Revolving Collateral Agent and the Revolving Credit Claimholders, on the one hand, nor the Second Lien Term Loan Collateral Agent and the Second Lien Term Loan Claimholders, on the other hand, shall have any duty to advise the other of information known to it or them regarding such condition or any such circumstances or otherwise.

  • In the event of any conflict or inconsistency between the terms of the ABL/Term Loan Intercreditor Agreement and this Agreement regarding the relative priorities of the Collateral Agent, the Term Loan Collateral Agent and the Second Lien Term Loan Collateral Agent in the Collateral, the terms of the ABL/Term Loan Intercreditor Agreement shall govern and control.

  • SECOND LIEN TERM LOAN COLLATERAL AGENT AND SECOND LIEN TERM LOAN ADMINISTRATIVE AGENT: WILMINGTON TRUST COMPANY, as Second Lien Term Loan Administrative Agent and Second Lien Term Loan Collateral Agent By: Name: Title: Wilmington Trust Company Xxxxxx Square North 0000 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000-0000 Attention: Xxxxx X.

  • Nothing in this Agreement shall impair, as between the Grantors and the Revolving Collateral Agent and the Revolving Credit Claimholders, or as between the Grantors and the Second Lien Term Loan Collateral Agent and the Second Lien Term Loan Claimholders, the obligations of the Grantors to pay principal, interest, fees and other amounts as provided in the Revolving Credit Facility Credit Documents and the Second Lien Term Loan Credit Documents, respectively.

  • All notices to the Second Lien Term Loan Claimholders and the Revolving Credit Claimholders permitted or required under this Agreement shall also be sent to the Second Lien Term Loan Collateral Agent and the Revolving Collateral Agent, respectively.

  • The Grantors acknowledge and agree that, to the extent permitted by applicable law, the value of any payments or distributions in cash, property or other assets received by the Second Lien Term Loan Collateral Agent or the Second Lien Term Loan Claimholders that are paid over to the Revolving Collateral Agent or the Revolving Credit Claimholders pursuant to this Agreement shall not reduce any of the Second Lien Term Loan Obligations.

  • The Second Lien Term Loan Collateral Agent, for itself or on behalf of any such Second Lien Term Loan Claimholders, promptly shall execute and deliver to the Revolving Collateral Agent or such Grantor such termination statements, releases and other documents as the Revolving Collateral Agent or such Grantor may reasonably request in writing to effectively confirm such release.

  • To the extent Liens securing the Revolving Credit Obligations are subordinate to or pari passu with the Liens securing such DIP Financing, the Second Lien Term Loan Collateral Agent will subordinate its Liens on the Revolving Credit Priority Collateral to Liens securing such DIP Financing and to any “carve-out”, including for debtors’ professionals, to which the Revolving Credit Obligations are subordinated.

  • This Agreement shall be binding upon the Revolving Collateral Agent, the Revolving Credit Claimholders, the Second Lien Term Loan Collateral Agent, the Second Lien Term Loan Claimholders and their respective successors and assigns.


More Definitions of Second Lien Term Loan Collateral Agent

Second Lien Term Loan Collateral Agent. Credit Suisse, in its capacity as the collateral agent for the Second Lien Lenders and any other agent in such similar capacity pursuant to any Refinancing Debt..

Related to Second Lien Term Loan Collateral Agent

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • ABL Collateral Agent means the “Collateral Agent” as defined in the ABL Credit Agreement.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • ABL/Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Administrative Agent, Barclays Bank PLC, as collateral agent under the Term Loan Credit Agreement, Holdings, Borrower and the other Subsidiary Loan Parties party thereto, as amended, restated, supplemented, replaced, refinanced or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Term Loan Secured Parties means the Term Loan Representative, the Term Loan Creditors and any other holders of the Term Loan Obligations.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.