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 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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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 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.

  • The Grantors agree that to the extent the Secured Parties Representative is required by applicable law to give reasonable prior notice of any sale or other disposition of any Collateral, ten business days’ notice shall be deemed to constitute reasonable prior notice.

  • The Secured Parties Representative shall perform all tasks necessary to make distributions from time to time pursuant to Section 6.5, including (a) collecting invoices with respect to Administrative Expenses and, to the extent appropriate, collection expenses and Management Fees and (b) determining the amount of principal, interest, premium and fund breakage costs and other payments due and payable to the Secured Parties.

  • The Liquidation Account shall be subject to the exclusive dominion and control of the Secured Parties Representative for the benefit of the Representatives and the respective Secured Parties they represent, in each case in accordance with their interests set forth herein; provided that the Secured Parties Representative may exert such control over the Liquidation Account as is necessary to perform its duties hereunder.

  • The Borrower shall indemnify and hold harmless the Secured Parties Representative from any present or future claim for liability for any stamp or other similar tax and any penalties or interest with respect thereto, which may be assessed, levied or collected by any jurisdiction in connection with this Agreement, any other Transaction Document, the Collateral or the attachment or perfection of the Security Interest granted to the Secured Parties Representative in the Collateral.

  • 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 Custodial Agreement shall provide that the Custodial Account and the Escrow Account shall be maintained at the Custodian, except as otherwise instructed by the Secured Parties Representative, and the Secured Parties Representative hereby agrees not to so instruct the Custodian without the prior written consent of the Borrower and the Representatives.

  • Each Grantor hereby waives any claims against the Secured Parties or any of them arising by reason of the fact that the price at which the Collateral may have been sold at such a private sale was less than the price that might have been obtained at a public sale or was less than the aggregate amount of the Secured Obligations, even if the Secured Parties Representative accepts the first offer received and does not offer the Collateral to more than one offeree.

  • Except for amounts paid by the Secured Parties Representative to a Representative as contemplated herein, all cash proceeds received by a Representative in respect of any sale of, collection from or other realization upon, all or part of the Collateral shall be promptly transferred to the Secured Parties Representative for application in accordance with this Agreement.


More Definitions of Secured Parties Representative

Secured Parties Representative has the meaning set forth in the preamble to this Agreement.
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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 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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Secured Parties Representative has the meaning set forth in the ------------------------------- Security Deposit Agreement.
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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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Related to Secured Parties Representative

  • Creditor Representative means, with respect to Series 2023-4, the Indenture Trustee.

  • Contractor Representative means that Person or Persons designated by Contractor in a written notice to Owner specifying any and all limitations of such Person’s authority, and acceptable to Owner, who shall have complete authority to act on behalf of Contractor on all matters pertaining to this Agreement or the Work including giving instructions and making changes in the Work. The Contractor Representative as of the Contract Date is designated in Section 2.2B.

  • City Representative means the Representative or appointee engaged by the City to supervise the work.

  • 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 the 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.

  • 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.

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

  • Independent representative means a person who: