Secured Parties Representative definition

Secured Parties Representative has the meaning specified in Section 4.05.
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Secured Parties Representative has the meaning set forth in the Credit Agreement.
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Secured Parties Representative has the meaning set forth in the preamble to this Agreement.
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Examples of Secured Parties Representative in a sentence

  • Without limiting the generality of the foregoing, so long as the Secured Parties Representative shall be entitled under this Section 4 to make collections in respect of the Collateral, the Secured Parties Representative shall have the right and power to receive, endorse and collect all checks made payable to the order of any Grantor representing any dividend, payment or other distribution in respect of the Collateral or any part thereof and to give full discharge for the same.

  • The Secured Parties Representative may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for the sale, and such sale may be made at any time or place to which the sale may be so adjourned.

  • The Grantors recognize that, by reason of certain prohibitions contained in the Securities Act of 1933, as amended, and applicable state securities laws, the Secured Parties Representative may be compelled, with respect to any sale of all or any part of the Collateral, to limit purchasers to those who will agree, among other things, to acquire the Collateral for their own account, for investment and not with a view to the distribution or resale thereof.

  • It is the intent of the parties that the Secured Parties Representative shall have "control," within the meaning of Sections 8-106(d)(2), 9-104 and 9-106 of the NYUCC, of the Custodial Account and the Escrow Account.

  • If a receiver of the Collateral shall be appointed in judicial proceedings, the Secured Parties Representative may be appointed as such receiver.

  • Upon such foreclosure and enforcement, the Secured Parties Representative shall thereupon in the manner set forth in Section 6.5 effect disbursements of the funds and proceeds and products of the Collateral received from the Custodian from time to time.

  • The Secured Parties Representative shall have the right and power to institute and maintain such suits and proceedings as it may deem appropriate to protect and enforce the rights vested in it, the Representatives and the other Secured Parties by this Agreement and the other Transaction Documents.

  • The Secured Parties Representative may conclusively rely upon information supplied to it by the Secured Parties (absent manifest error), the Representatives and the Borrower in connection with the administration of the Liquidation Account and the Secured Parties Representative shall have no liability to any of such Persons for actions taken in reliance on such information.

  • The Secured Parties Representative shall promptly take such actions upon receipt of a Liquidation Direction.

  • After the occurrence of a Liquidation Acceleration or a Final Maturity Payment Default and so long as a Liquidation Notice is in effect, all proceeds and other amounts in respect of the Collateral which are received by the Secured Parties Representative shall be deposited in the Liquidation Account and thereafter shall be held and applied by the Secured Parties Representative in accordance with the terms of this Agreement.


More Definitions of Secured Parties Representative

Secured Parties Representative means Wachovia Capital Markets, LLC, as Secured Parties Representative under the Pledge and Intercreditor Agreement, and any successor thereto in such capacity.
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Secured Parties Representative is defined in the preamble.
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Secured Parties Representative means, collectively or individually (as the case may be), the Administrative Agent and the Trustee.
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Secured Parties Representative means IXIS Financial Products Inc., as Secured Parties Representative under the Pledge and Intercreditor Agreement, and any successor thereto in such capacity.
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Secured Parties Representative has the meaning set forth in the ------------------------------- Security Deposit Agreement.
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Secured Parties Representative means CDC Financial Products Inc., as Secured Parties Representative under the Pledge and Intercreditor Agreement, and any successor thereto in such capacity.
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Related to Secured Parties Representative

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

  • Contractor Representative means any of the following:

  • City Representative means the City Manager or his or her designee as evidenced by a written certificate furnished to the Developer containing the specimen signature of such person or persons and signed by the City Manager.

  • Additional Agent means any one or more agents, trustees or other representatives for or of any one or more Additional Credit Facility Creditors, and shall include any successor thereto, as well as any Person designated as an “Agent” under any Additional Credit Facility.

  • Collateral Representative (i) in respect of the ABL/Term Loan Intercreditor Agreement, the ABL Collateral Representative (as defined therein) and the Term Loan Collateral Representative (as defined therein), (ii) if any Junior Lien Intercreditor Agreement is then in effect, the Senior Priority Representative (as defined therein) and (iii) if any Other Intercreditor Agreement is then in effect, the Person acting as representative for the Collateral Agent and the Secured Parties thereunder for the applicable purpose contemplated by this Agreement and the Guarantee and Collateral Agreement.

  • Designated Senior Representative means (i) if at any time there is only one Senior Representative for a Senior Facility with respect to which the Discharge of Senior Obligations has not occurred, such Senior Representative and (ii) at any time when clause (i) does not apply, the Applicable Authorized Representative (as defined in the First Lien Intercreditor Agreement) at such time.

  • County Representative means the individual obligated to perform the duties of county representative under section 9.

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Authority Representative means the representative appointed by the Authority from time to time in relation to this Framework Agreement;

  • Project Representative means the individual(s), including but not limited to the Resident Engineer, to whom the Authority Representative has delegated Project responsibilities. If a Project Representative is appointed, the Project Representative represents the Authority Representative on the Project within the limits of that delegation with respect to any part of the Work.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

  • Management Representative means an individual designated to hear grievances on behalf of the University.

  • Customer Representative means the representative appointed by the Customer from time to time in relation to this Call Off Contract;

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

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

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Supplier Representative means the representative appointed by the Supplier from time to time in relation to this Framework Agreement;

  • Agency Representative A person assigned by a primary, assisting, or cooperating federal, state, local, or tribal government agency or private entity that has been delegated authority to make decisions affecting that agency’s or organization’s participation in incident management activities following appropriate consultation with the leadership of that agency. Area: The lands in a described geographic area that are managed and/or protected by the Parties within this Agreement.

  • Designated Second Priority Representative means (i) the Initial Second Priority Representative, until such time as the Second Priority Debt Facility under the Initial Second Priority Debt Documents ceases to be the only Second Priority Debt Facility under this Agreement and (ii) thereafter, the Second Priority Representative designated from time to time by the Second Priority Instructing Group, in a notice to the Designated Senior Representative and the Company hereunder, as the “Designated Second Priority Representative” for purposes hereof.

  • Union Representative means a representative from the Union authorized by the Union to act on behalf of an Employee.

  • Procurement Representative means the person authorized by ULA’s cognizant procurement organization to administer and/or execute this Contract.

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Principal’s Representative means the person nominated by the Principal or other person from time to time appointed in writing by the Principal to act as the Principal’s Representative for the purposes of the Contract.

  • Owner Representative means that Person or Persons designated by Owner in a written notice to Contractor who shall have complete authority to act on behalf of Owner on all matters pertaining to the Work, including giving instructions and making changes in the Work. The Owner Representative as of the Contract Date is designated in Section 4.9.

  • Distributor representative means a representative employed by a distributor branch or distributor.

  • Authorized City Representative means the Mayor, the City Manager or such other Person at the time designated to act on behalf of the City as evidenced by written certificate furnished to the Developer and the Trustee containing the specimen signature of such Person and signed on behalf of the City by its Mayor or City Manager. Such certificate may designate an alternate or alternates, each of whom may perform all duties of the Authorized City Representative.