Senior Debt Agent definition

Senior Debt Agent means the indenture trustee or other trustee, agent or representative for any Senior Indebtedness.
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Senior Debt Agent means the Administrative Agent, as defined under the Financing Agreement, and following the repayment in full of all Obligations owing under, and as defined in, the Financing Agreement, any agent or any trustee, in any case, for the holders of Senior Debt.
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Senior Debt Agent means (a) as long as the Credit Agreement has not been terminated or any obligations remain outstanding thereunder, the “Administrative Agent” as defined in the Credit Agreement and (b) otherwise, the holders of a majority of the Senior Obligations outstanding under the Credit Facilities or their respective representative or agent.
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Examples of Senior Debt Agent in a sentence

  • The Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself to be a holder of Senior Indebtedness of the Company or a Senior Debt Agent to establish that such notice has been given by a holder of such Senior Indebtedness of the Company or such Senior Debt Agent.

  • The Senior Debt Agent shall have received insurance certificates satisfying the requirements for insurance set forth in Section 5.2(b) of the Guarantee and Collateral Agreement.

  • Use commercially reasonable efforts to deliver to the Senior Debt Agent (with a copy to each Collateral Agent), with respect to each real property leasehold interest of the Borrower listed on Schedule 1.1B hereto, a properly executed leasehold mortgage in form and substance reasonably satisfactory to the Collateral Agents.

  • Each Lender shall have received (i) this Agreement executed and delivered by the Lenders and the Borrower, (ii) the Subordination Agreement executed and delivered by the Borrower, each Subsidiary Guarantor, the Senior Debt Agent and the Lenders and (iii) the Guarantee and Collateral Agreement and the IP Security Agreements, executed and delivered by the Borrower and each Subsidiary Guarantor.

  • Any such assignment to an Eligible Assignee shall only become effective immediately following such Eligible Assignee’s agreement in writing delivered to the Senior Debt Agent to be bound by the terms of this Agreement and the Subordination Agreement.

  • The subordination provisions contained herein and the provisions contained in Section 3 hereof are for the benefit of the Senior Debt Agent, Senior Creditors and their respective successors and assigns and may not be rescinded or cancelled or modified in any way without the prior written consent of the Senior Debt Agent.

  • Each Borrower hereby agrees that the Senior Debt Agent, the Senior Lenders and the Lenders shall not have any liability to the Borrowers for performing its respective responsibilities under this Article IX with respect to the other parties hereto.

  • Upon the occurrence and during the continuance of an Event of Default hereunder, but subject to the prior satisfaction of the Senior Debt, Agent may effect the transfer of any securities included in the Collateral (including but not limited to the Shares) into the name of Agent and cause new (as applicable) certificates representing such securities to be issued in the name of Agent or its transferee.

  • In addition, the Borrowers will not, and will not permit any of their respective Subsidiaries, to enter into any amendment, modification or change of the Senior Credit Agreement unless they have, or the Senior Debt Agent has, given the Lenders at least five (5) Business Days prior notice thereof.

  • If no Distribution Agent shall have been appointed by the Requisite Lenders and accepted appointment in the manner hereinafter provided within 30 days after a Sharing Event, the 2004 Agent, the 2009 Agent, any Noteholder, any Additional Primary Senior Debt Agent or any Additional Primary Senior Debt Holder may petition any court of competent jurisdiction for the appointment of the Distribution Agent.


More Definitions of Senior Debt Agent

Senior Debt Agent. JPMorgan Chase Bank, N. A., together with its affiliates, as the administrative agent under the Senior Documents, together with any of its successors.
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Senior Debt Agent means the “Administrative Agent” under, and as defined in, the Credit Agreement (or the comparable term in any Replacement Credit Agreement).
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Senior Debt Agent means GMAC LLC, in its capacity as “Lender Agent” under the Senior Debt Security Documents.
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Senior Debt Agent means the “Administrative Agent” as defined in the Credit Agreement.
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Senior Debt Agent means the “Agent” as defined in the Senior Credit Agreement, which as of the Closing Date is Madison Capital Funding LLC.
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Senior Debt Agent means Bank of America, as administrative agent to the Senior Lenders under the Senior Credit Agreement or its successors and assigns or any successor administrative agent appointed in accordance with the Senior Credit Agreement.
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Related to Senior Debt Agent

  • Senior Debt Documents means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Senior Debt means the principal of, premium, if any, and interest (including any interest accruing subsequent to the filing of a petition of bankruptcy at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed claim under applicable law) on, any Indebtedness of the Company, Holdings or any Guarantor, whether outstanding on the Issue Date or thereafter created, incurred or assumed, unless, in the case of any particular Indebtedness, the instrument creating or evidencing the same or pursuant to which the same is outstanding expressly provides that such Indebtedness shall be subordinate in right of payment to the Notes or the Guarantees, as the case may be. Without limiting the generality of the foregoing, “Senior Debt” shall also include the principal of, premium, if any, interest (including any interest accruing subsequent to the filing of a petition of bankruptcy at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed claim under applicable law) on, and all other amounts owing in respect of: (x) all monetary obligations of every nature of the Company, Holdings or any Guarantor under the Credit Facilities, including obligations to pay principal and interest, reimbursement obligations under letters of credit, fees, expenses and indemnities, (y) all Interest Swap Obligations (and guarantees thereof) and (z) all obligations (and guarantees thereof) under Currency Agreements and Hedging Agreements, in each case whether outstanding on the Issue Date or thereafter incurred. Notwithstanding the foregoing, “Senior Debt” shall not include (i) any Indebtedness of the Company, Holdings or a Guarantor to the Company, Holdings or to a Subsidiary of the Company, (ii) any Indebtedness of the Company, Holdings or any Guarantor to, or guaranteed by the Company, Holdings or any Guarantor on behalf of, any shareholder, director, officer or employee of the Company, Holdings or any Subsidiary of the Company (including amounts owed for compensation) other than a shareholder who is also a lender (or an Affiliate of a lender) under the Credit Facilities, (iii) any amounts payable or other liability to trade creditors arising in the ordinary course of business (including guarantees thereof or instruments evidencing such liabilities but excluding secured purchase money obligations); (iv) Indebtedness represented by Disqualified Capital Stock, (v) any liability for Federal, state, local or other taxes owed or owing by the Company, Holdings or any of the Guarantors, (vi) that portion of any Indebtedness incurred in violation of Section 4.09 hereof (but, as to any such obligation, no such violation shall be deemed to exist for purposes of this clause (vi) if the holder(s) of such obligation or their representative and the Trustee shall have received an Officers’ Certificate of the Company to the effect that the incurrence of such Indebtedness does not (or in the case of revolving credit indebtedness, that the incurrence of the entire committed amount thereof at the date on which the initial borrowing thereunder is made would not) violate such provisions of this Indenture), (vii) Indebtedness which, when incurred and without respect to any election under Section 1111(b) of Title 11, United States Code, is without recourse to the Company, Holdings or any of the Guarantors, as applicable, and (viii) any Indebtedness which is, by its express terms, subordinated in right of payment to any other Indebtedness of the Company, Holdings or any of the Guarantors.

  • Senior Creditors means creditors of the Issuer: (a) who are unsubordinated creditors of the Issuer; (b) whose claims are, or are expressed to be, subordinated to the claims of unsubordinated creditors of the Issuer but not further or otherwise; or (c) whose claims are, or are expressed to be, junior to the claims of other creditors of the Issuer, whether subordinated or unsubordinated, other than those whose claims rank, or are expressed to rank, pari passu with, or junior to, the claims of the Holders in a winding-up in respect of the Securities (and, for the avoidance of doubt, Senior Creditors shall include holders of Tier 2 Capital instruments);

  • 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.