Second Priority Trustee definition

Second Priority Trustee means the trustee under the Second Priority Indenture.

Second Priority Trustee shall have the meaning assigned to such term in the preliminary statement of this Agreement.

Second Priority Trustee shall have the meaning provided in the recitals to this Agreement.

Examples of Second Priority Trustee in a sentence

• Except as otherwise reasonably requested by the Prepetition Second Priority Trustee, all Distributions to Holders of Allowed Prepetition Second Priority Note Claims shall be deemed completed when made to the Prepetition Second Priority Trustee, which shall be deemed to be the Holder of all Allowed Prepetition Second Priority Note Claims for purposes of Distributions to be made hereunder.

• Fees and Expenses of the DIP Agent, the Foreign Loan Agent, and the Prepetition Second Priority Trustee 91 2.

• Neither the Second Priority Collateral Trustee, the Second Priority Trustee, nor any other Second Priority Claimholder shall file any proof of claim, or the equivalent thereof, or take any other action in connection with any Insolvency or Liquidation Proceeding of any Grantor that is inconsistent with the terms of this Agreement or the Common Representative Agreement.

• Without limiting the generality of the foregoing, the Second Priority Trustee assumes no responsibility for the correctness of the recitals herein contained, which shall be taken as the statements of the Company.

• The Prepetition Second Priority Trustee shall hold or direct such Distributions for the benefit of the Holders of all Allowed Prepetition Second Priority Note Claims.

More Definitions of Second Priority Trustee

Second Priority Trustee means U.S. Bank National Association, as trustee under the Second Priority Indenture.

Second Priority Trustee means The Chase Manhattan Bank, a New York banking corporation, as trustee under the Second Priority Indenture, and its successors.

Second Priority Trustee means the Person named as the “Second-Priority Trustee” in the first paragraph of this Second-Priority Indenture until a successor Second-Priority Trustee shall have become such pursuant to the applicable provisions of this Second-Priority Indenture, and thereafter “Second-Priority Trustee” shall mean such successor Second-Priority Trustee.

Second Priority Trustee means such successor Second-Priority Trustee.

Second Priority Trustee means The Chase Manhattan Bank, not in its individual capacity but solely as trustee under the Second Priority Indenture, and any successor trustee appointed thereunder.

Second Priority Trustee shall have the meaning assigned to such term in Recital C.

Second Priority Trustee has the meaning assigned to such term in the preamble.