Second Priority Agents definition

Second Priority Agents means (a) the Trustee as agent for the Indenture Secured Parties and (b) the collateral agent for any Future Second Lien Indebtedness.

Second Priority Agents means (a) the Trustee as agent for the Indenture Secured Parties and (b) the collateral agent for any Future Second-Lien Indebtedness.

Second Priority Agents means (a) the Trustee as agent for the Indenture Secured Parties and (b) the collateral agent for any Future Second Lien Indebtedness (including the Trustee).

Examples of Second Priority Agents in a sentence

• The rights of the Second Priority Agents and the Second Priority Secured Parties with respect to such Pledged Collateral shall at all times be subject to the terms of this Agreement.

• Neither the First Lien Agents nor the Senior Lenders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Common Collateral for the benefit of the Second Priority Agents and the Second Priority Secured Parties.

• This Agreement shall be binding upon the First Lien Agents, the Senior Lenders, the Second Priority Agents, the Second Priority Secured Parties and their respective permitted successors and assigns.

• Notwithstanding anything to the contrary in this Agreement, the Second Priority Agents and the Second Priority Secured Parties may exercise rights and remedies as an unsecured creditor against the Borrower or any Grantor in accordance with the terms of the applicable Second Priority Documents and applicable law, in each case to the extent not inconsistent with the provisions of this Agreement.

• Notwithstanding anything to the contrary in this Agreement, the Second Priority Agents and the Second Priority Secured Parties may exercise rights and remedies as an unsecured creditor against a Borrower or any Pledgor in accordance with the terms of the applicable Second Priority Documents and applicable law, in each case to the extent not inconsistent with the provisions of this Agreement.

More Definitions of Second Priority Agents

Second Priority Agents means, collectively, the Second Priority Notes Trustee and any Additional Second Priority Indebtedness Representative.

Second Priority Agents means (a) the Second Priority Collateral Agent as collateral agent for the Indenture Secured Parties and (b) the collateral agent for any Future Second Lien Indebtedness that is named as the Second Priority Agent in respect of such Future Second Lien Indebtedness in accordance with Section 8.22.

Second Priority Agents means each of (a) the Initial Second Priority Agent and (b) any Other Second Priority Lien Obligations Agent.

Second Priority Agents means each collateral agent, as applicable, in respect of any Future Second Lien Indebtedness.

Second Priority Agents means, collectively, the Second Priority Credit Agents and all Second Priority Additional Debt Representatives, if any.

Second Priority Agents means, with respect to (a) any ABL Priority Collateral, the Term/Note Agents and (b) any Term/Note Priority Collateral, the ABL Agents.

Second Priority Agents means (a) the Second Priority Collateral Agent as collateral agent for the Indenture Secured Parties, (b) the collateral agent for any Future Second Lien Indebtedness and (c) solely in its capacity as agent for the German Secured Parties that are Second Priority Secured Parties pursuant to the German Secured Documents, the Common Collateral Agent.