Secured Agent definition

Secured Agent has the meaning set faith in Section 7.3.

Examples of Secured Agent in a sentence

  • No failure on the part of Secured Party or Secured Agent to exercise, and no delay in exercising, any right, remedy , power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, remedy, power or privilege preclude any other or further exercise thereof or the exercise of any other right , remedy , power or privilege.

  • Each Secured Agent shall act as an agent solely of the Issuer and will have no obligation towards, or relationship of agency or trust with, any Noteholder or any other person.

  • Each Agent that is not a Secured Agent is not acting as agent of the Issuer (or any other person) and is therefore not acting as fiduciary and will owe no fiduciary obligations or duties to the Issuer, the Noteholders, any Transaction Counterparty or any other person.

  • By this motion, the Debtors will seek permission to grant adequate protection liens and superpriority claims in favor of the Senior Secured Agent to the extent of any diminution in the collateral position of such creditor.

  • The Debtor shall not be obligated to take any action under this Section 7, unless the Secured Agent requests such action.

  • Secured Party agree to bring no claim or proceeding, whether in law or equity, against the Secured Agent for such agent's actions hereunder.

  • The Debtors expect to have agreement with the Senior Secured Agent as to the terms of a consensual cash collateral order.

  • The Secured Party shall be bound by the actions, commitments and agreements of Secured Agent, and shall, upon request by the Secured Agent, enter into such agreements or sign such other documents or instruments that the Secured Agent deems appropriate or necessary in the exercise of the Secured Party rights hereunder.

  • BCBSM will post Group SBCs for applicable BCBSM coverage to Group Secured, Agent Secured, and Member Secured Services websites.

  • Notwithstanding anything herein to the contrary or in any other order of this Court, none of the Prepetition Secured Agent or the Prepetition Secured Creditors will be required to file proofs of claim in any of the Chapter 11 Cases or successor cases, and the Debtors’ stipulations in paragraph 5 herein shall be deemed to constitute a timely filed proof of claim.

Related to Secured Agent

  • tied agent means a natural or legal person who, under the full and unconditional responsibility of only one investment firm on whose behalf it acts, promotes investment and/or ancillary services to clients or prospective clients, receives and transmits instructions or orders from the client in respect of investment services or financial instruments, places financial instruments or provides advice to clients or prospective clients in respect of those financial instruments or services;

  • authorised agent means a passenger sales agent who has been appointed by us to represent us in the sale of air transportation on our services.

  • Impaired Agent means the Agent at any time when:

  • Designated Agent means any entity that performs actions or functions on behalf of the Transmission Provider, a Transmission Owner, an Eligible Customer, or the Transmission Customer required under the Tariff.

  • Lead Agent has the meaning given to it above;

  • Registered agent means the registered agent of:

  • Collateral Agent as defined in the preamble hereto.

  • Security Agent means the Bond Trustee or any successor Security Agent, acting for and on behalf of the Secured Parties in accordance with any Security Agent Agreement or any other Finance Document.

  • Titled Agent has the meaning given that term in Section 11.9.

  • Secured Lender means an individual or organization originating a loan in a real estate or business opportunity transac- tion secured by real estate or by the assets of a business or a busi- ness opportunity.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

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

  • Collateral Trustee has the meaning set forth in the preamble.

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

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

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

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Trust Collateral Agent means such successor Person.

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

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Creditor Representative means, with respect to Series 2023-5, the Indenture Trustee.

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

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.